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381 Watermere Drive, Southlake, TX 76092


Estimated Rent: $4,960/mo.Lease with a right to purchase.Learn More

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 2,106 Sq. Ft.
  • 2 Car Garage
381 Watermere Drive, Southlake, TX 76092View this property at 381 Watermere Drive, Southlake, TX 76092
381 Watermere DriveSouthlakeTX76092

Property Description

1 story Luxury condo Villa with private patio & small fenced yard! VERY close to club house! 55 & up community with indoor heated pool, gym, game room, art studio, media room, club house, cocktail lounge, cafe, restaurant, library & more! Vaulted ceilings, cedar beams, hand scraped hardwood, crown moldings, French doors, stone fireplace. SS appliances & granite counter tops. Wood shutters on all windows. No yard work. HOA dues include amenities, food allowance, house keeping, golf, security, transportation, water, sewer, trash, FIOS internet and cable. Resort Style retirement in Southlake. $20,000 Membership fee to the club included. Please see November newlsetter and calender for examples of activities!

Full Property Details for 381 Watermere Drive


  • Price: $359,000
  • HOA FEE: $2,200/month
  • Taxes: $10,225
  • Status: Active
  • Type: Single Family
  • MLS ID: 13502518
  • Updated: 1/29/2018
  • Added: 439 day(s) ago

Property History

  • 381 Watermere Drive, Southlake, TX
  • Reduced to $359,000 on 1/29/18
  • Reduced to $365,000 on 11/29/17
  • Reduced to $370,000 on 11/13/17
  • Reduced to $375,000 on 10/18/17
  • Reduced to $390,500 on 9/28/17
  • Reduced to $391,500 on 9/21/17
  • Reduced to $392,500 on 9/7/17
  • Reduced to $393,500 on 8/31/17
  • Reduced to $394,500 on 6/13/17
  • Reduced to $399,900 on 2/21/17
  • Reduced to $429,000 on 1/26/17
  • Listed at $439,000 on 12/12/16


  • Number of Rooms: 9
  • Interior Features: Cable TV Available, Decorative Lighting, Dry Bar, Flat Screen Wiring, High Speed Internet Available, Smart Home System, Sound System Wiring, Window Coverings
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Gas Logs, Stone
  • Appliances: Built-in Microwave, Built-in Refrigerator/Freezer, Convection Oven, Cooktop - Gas, Dishwasher, Disposal, Oven-Electric, Vent Mechanism, Water Line to Refrigerator
  • Flooring: Carpet, Ceramic Tile, Wood



  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1


  • Total Bedrooms: 2

Other Rooms

  • Living Rooms: 1

Additional Information

  • Security/Safety: Burglar, Carbon Monoxide Detector, Exterior Security Light(s), Fire Sprinkler System, Fire/Smoke, Owned


  • Exterior Features: Covered Porch(es), Gutters, Patio Covered, Sprinkler System


  • Garage Description: 22 x 22
  • Garage Spaces: 2
  • Covered Spaces: 2
  • Parking Features: Attached, Garage Door Opener, Opener, Side


  • County: Tarrant
  • Subdivision: Watermere At Southlake Condo
  • Driving Directions: FM 1709 Southlake Boulevard) west past Davis. Community on left. Off Watermere, pass club house on left. Take next left towards East Village through gates. Next right and next left towards east Village. Property on the left.

School Information

  • School District: Keller ISD
  • Elementary School: Florence
  • Middle School: Keller
  • Intermediate School: Bear Creek
  • High School: Keller


  • Home Owners Assn.: Mandatory
  • Assoc. Fees Include: Back Yard Maintenance, Blanket Insurance, Exterior Maintenance, Front Yard Maintenance, Full Use of Facilities, Maintenance of Common Areas, Management Fees, Other

Heating & Cooling

  • Heating/Cooling: Central Air-Elec, Central Heat-Gas


  • Utility Description: City Sewer, City Water, Community Mailbox, Concrete, Curbs, Sidewalk, Underground Utilities

Structural Information

  • Architectural Style: English, French, Traditional
  • Description/Design: Condo/Townhome, Single Detached
  • Construction: Brick, Common Wall, Rock/Stone, Stucco
  • Roof: Composition, Metal
  • Disability Adopted: Yes
  • Stories/Levels: 1
  • Square Feet: 2,106
  • Sq. Ft. Source: Tax
  • Year Built: 2012

Lot Features

  • Development Status: Preowned
  • Lot Description: Adjacent to Greenbelt, Corner, Interior Lot, Landscaped
  • Fencing (Description): Other

Green Features

  • Energy Features: 12 inch+ Attic Insulation, 13-15 SEER AC, Ceiling Fans, Double Pane Windows, Energy Star Appliances, Gas Water Heater, Insulated Doors, Low E Windows, Programmable Thermostat, Radiant Barrier

Financial Considerations

  • Price Per Sq. Ft.: $170.47
  • For Sale/Rent/Lease: For Sale
  • Association Fee: $2,200
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $10,225

Disclosures and Reports

  • Legal Description: WATERMERE AT SOUTHLAKE CONDO BLOCK V LOT 381 .8722
  • APN: 41564618
  • Block: V
  • Lot: 381

Listed by Sophie Tel Diaz Real Estate, Sophie Diaz

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Lease with a Right to Purchase

Lease with a Right to Purchase

year monthly rent right to purchase
1 $4,960 $391,140
2 $5,150 $410,700
3 $5,340 $431,230
4 $5,560 $460,360
5 $5,770 $483,380

Let Coldwell Banker and Home Partners of America expand your home rental options and put you on a new path to homeownership. If now isn’t the right time to buy a home, but you’d like more attractive options than what’s currently available in the rental market, Home Partners of America’s Lease with a Right to Purchase program could be a great alternative.

Contact us using the form above for more information on this affordable option.

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Applicant and property must meet certain eligibility requirements. The Monthly Rent and Right to Purchase shown above are estimates only and are based upon certain assumptions. Actual amounts may vary.


Schools serving 381 Watermere Drive

School District:
Keller Independent School District
School Name
Florence Elementary School, Southlake, TX
3095 Johnson Rd, Southlake, TX 76092
0.7 mi
Bear Creek Intermediate School
801 Bear Creek Pkwy, Keller, TX 76248
2.4 mi
Keller Middle School
300 College Avenue, Keller, TX 76248
3.1 mi
Keller High School
601 N. Pate-Orr Road, Keller, TX 76248
2.4 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

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Community Info

Community Infofor 381 Watermere Drive

381 Watermere Drive, Southlake, TX 76092 (MLS# 13502518) is a Single Family property with 2 bedrooms, 2 full bathrooms and 1 partial bathroom. 381 Watermere Drive is currently listed for $359,000 and was received on December 12, 2016. Want to learn more about 381 Watermere Drive? Do you have questions about finding other Single Family real estate for sale in Southlake? You can browse all Southlake real estate or contact a Coldwell Banker agent to request more information.

Listed by Sophie Tel Diaz Real Estate, Sophie Diaz

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