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$387,000
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Property Description
A Must-See WATERFRONT Sanctuary, this luxurious hidden retreat in the coveted community of Waterstone Estates invites you to envision your dream home and bring it to life. As the only community of its kind in North Dallas, Waterstone offers the rare freedom to buy now and build at your leisure with the builder of your choice. Ideally located just minutes from historic downtown McKinney's upscale dining and boutique shopping, and a short drive to the upcoming McKinney TKI commercial airport opening in 2026, this property blends tranquility with convenience. You're also close to Melissa's rapidly growing retail corridor-including H-E-B and Kroger-and the highly rated Melissa ISD. Waterstone Estates delivers the charm of country living while keeping you connected to everything, including a quick 25 mile drive to the luxury shopping and dining of Legacy West and The Star in Frisco. With no city taxes and an elevated country-estate atmosphere, the community features a gated entrance, playground, sports courts, and a serene fishing dock. Come experience the beauty and possibilities of this exceptional property for yourself.
Full Property Details
Full Property Details for Lot B-121 Serenity Trail
General
- Price: $387,000
- HOA FEE: $129/month
- HOA FEE FREQ.: Semi-Annually
- Taxes: $5,456
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21251362
- Updated: 9/28/2026
- Added to Site: 167 day(s) ago
Location
- County: Collin
- Subdivision: Waterstone Estates Sec II
- Driving Directions: From CR 409go R into Lake Breeze Dr, L on Waterstone Estates Dr, L on Lakeview Drive, L on Lake Shore Drive, R on Horizon Trail, R on Serenity Trail. Lot is on your R. Sign out front
School Information
- Elem School District: Melissa ISD
- Midd School District: Melissa ISD
- High School District: Melissa ISD
- Elementary School: Melissa
- Middle School: Melissa
- High School: Melissa
Community
- Association: Yes
- Assoc. Name: CMA
- Assoc. Fees Include: All Facilities
Utilities
- Utility Description: Electricity Available
Structural Information
- Detached/Attached: Detached
Lot Features
- Property View: Water
- Lot Size (Acres): 1
- Lot Size (Sq. Ft.): 43,560
- Frontage: Private Road
- Lot Features: Acreage, Cleared, Subdivision, Waterfront
- Development Status: Streets Installed
- Zoning: Residential
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Waterfront
Financial Considerations
- Association Fee: $775
- Assoc Fee Freq.: Semi-Annually
- Tax Amount: $5,456
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: WATERSTONE ESTATES SECTION II, BLK B, LOT 121
- Property ID: R928000B12101
- Block: B
- Lot Number: 121
Listed by Serene Heights LLC., Boni Ndungu
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Price & Sales History for Lot B-121 Serenity Trail
Date
Details
Price
Change
Source
9/28/2026
Price Reduced
$387,000
-3.25%
MLS
7/24/2026
Price Reduced
$400,000
-2.44%
MLS
4/26/2026
Listed
$410,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for Lot B-121 Serenity Trail
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,456
-2%
$375,000
—
2023
$5,580
11%
$375,000
—
2022
$5,030
—
$375,000
25%
2022
$5,030
76%
$300,000
79%
2021
$2,862
-7%
$167,400
-7%
2020
$3,090
-6%
$180,000
—
2019
$3,284
6%
$180,000
12%
2018
$3,091
63%
$160,000
64%
2017
$1,894
14%
$97,500
15%
2016
$1,666
16%
$85,000
17%
2015
$1,433
40%
$72,500
32%
2014
$1,021
30%
$55,000
30%
2013
$787
—
$42,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for Lot B-121 Serenity Trail
Lot B-121 Serenity Trail, McKinney, TX 75071 (MLS# 21251362) is a Lots/Land property with a lot size of 1 acre. Lot B-121 Serenity Trail is currently listed for $387,000 and was received on April 26, 2026. Want to learn more about Lot B-121 Serenity Trail? Do you have questions about finding other Lots/Land real estate for sale in McKinney? You can browse all McKinney real estate or contact a Coldwell Banker agent to request more information.

