Date
Details
Price
Change
Source
2/07/2026
Listed
$899,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Luxury, technology, and lifestyle in this one-of-a-kind extensively remodeled and upgraded villa within the prestigious Watermere at Southlake, ages 55 plus, active adult community. This single-story villa has undergone significant enhancements since its 2023 remodel, delivering a truly turnkey, health-forward living experience. Recent upgrades: new composite roof; new Trane HVAC system wHEPA filtration and UV germicidal purification, Clean Air Effects, and smart thermostat; new tankless water heater with whole-home filtration; new epoxy-coated garage flooring for its oversized 2-car garage; new whole-home adjustable LED lighting; upgraded landscaping; new security system with keyless entry and video doorbell. Includes two new Samsung 75-inch TV's, new Samsung Smart Refrigerator, and new front loading Samsung Washer and Dryer on stands. The modern interior showcases a 2-bedroom, 3-bath open floor plan with bonus room; ADA Compliant; hardwood, carpet, and tile floors; soft-close custom cabinetry; premium smart home Samsung and Bosch appliances; induction cooking; double ovens with convection, reverse osmosis water filtration; fresh paint; and upgraded insulation. The covered outdoor patio features: a gas fireplace, five remote controlled floor-to-ceiling patio shades, iron fencing, enclosed grass dog run. The home's location has arguably the best location of all the villas. Walking distance to the clubhouse and common areas, has a beautiful covered front porch with remote controlled patio shade and updated, manicured landscaping. Residents enjoy concierge services, members only clubhouse, salon, multiple parks with fishing lakes, water features, tennis pickleball courts, two restaurants, food delivery, fitness center, indoor swimming pool, golf privileges at Sky Creek Ranch, and social and holiday programs. A one time non-refundable, $20,000 Club Membership and $5,000 working capital reserve fee is due at closing. See HOA docs attached for more info.
Full Property Details
Full Property Details for 387 Watermere Dr
General
- Price: $899,000
- HOA FEE: $2,650/month
- Taxes: $11,141
- Status: Active
- Type: Condo
- Source: NTREIS
- MLS ID: 21163569
- Updated: 2/7/2026
- Added to Site: 6 day(s) ago
Interior
- Interior Features: Built-in Features, Decorative/Designer Lighting Fixtures, Double Vanity, Eat-in Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Wired for Data, Walk-In Closet(s), Wired for Sound, Air Filtration
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Gas, Gas Starter, Living Room, Masonry, Outside, Raised Hearth, Ventless, Insert
- Appliances: Convection Oven, Double Oven, Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Tankless Water Heater, Water Purifier, Washer
- Flooring: Carpet, Ceramic Tile, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Washer Hookup, Dryer Hookup, ElectricDryer Hookup, Laundry in Utility Room
Additional Information
- Shared Amenities: Concierge, Maintenance Front Yard
- Shared Pool: Yes
- Pool: Yes
- Pool Description: None, Community
- Tennis: Yes
- Security/Safety: Security System Owned, Security System, Carbon Monoxide Detector(s), Fire Alarm, Firewall(s), Security Gate, Gated Community, Smoke Detector(s), Security Lights, Security Service, Wireless
- Equipment: Dehumidifier, Irrigation Equipment, Air Purifier
Exterior
- Exterior Features: Dog Run, Lighting, Private Entrance, Rain Gutters
- Porch/Patio/Deck: Enclosed, Patio, Screened, Side Porch, Covered
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Additional Parking, Common, Concrete, Direct Access, Door-Single, Driveway, Epoxy Flooring, Enclosed, Garage, Garage Door Opener, Gated, Inside Entrance, Kitchen Level, Lighted, Off Street, Oversized, Garage Faces Side, Secured, Varies by Unit
Location
- County: Tarrant
- Subdivision: Watermere At Southlake Condo
- Driving Directions: From Southlake Blvd and Davis, drive West. Watermere drive will be on your left, South. After the Clubhouse, make a left at the East Gate Entrance. The villa will be on your left, across from the condos. Park in the common area parking in front of the entry gate and walk left on the sidewalk.
School Information
- Elem School District: Keller ISD
- Midd School District: Keller ISD
- High School District: Keller ISD
- Elementary School: Florence
- Middle School: Keller
- High School: Keller
Community
- Gated community: Yes
- Association: Yes
- Assoc. Name: Watermere Southlake
- Assoc. Fees Include: All Facilities, Association Management, Electricity, Internet, Maintenance Grounds, Maintenance Structure, Pest Control, Sewer, Security, Trash, Water
- Adult Community: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric, ENERGY STAR Qualified Equipment, Humidity Control, Roof Turbine(s)
- Heating Type: Central, ENERGY STAR Qualified Equipment, Fireplace(s), Humidity Control, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected, Natural Gas Available, Phone Available, Sewer Available, Separate Meters, Underground Utilities, Water Available
Structural Information
- Architectural Style: Traditional
- Detached/Attached: Attached
- Construction: Brick, Wood Siding
- Roof: Composition, Shingle
- Windows: Shutters
- Elevator: Yes
- Stories/Levels: 1
- Living Area: 2,453 Sq. Ft.
- Year Built: 2013
Lot Features
- Lot Size (Acres): 19.102
- Lot Size (Sq. Ft.): 832,083.12
- Sidewalks: Yes
- Lot Features: Cul-De-Sac, Landscaped, Subdivision, Sprinkler System
- Trees/Vegetation: Grassed
- Fencing (Description): Wrought Iron
Green Features
- Energy Efficient: Appliances, HVAC, Insulation, Lighting, Thermostat, Water Heater
- Indoor Air Quality: Filtration
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Association Fee: $2,650
- Assoc Fee Freq.: Monthly
- Tax Amount: $11,141
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Documents Avail.: Aerial, Survey
- Legal Description: WATERMERE AT SOUTHLAKE CONDO BLOCK V LOT 387
- Disclosures/Rstr.: Deed Restriction, Easement(s), Familial Relation, Special Assessment
- Property ID: 41570022
- Block: V
- Lot Number: 387
Listed by eXp Realty LLC, Kathryn Dean
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 387 Watermere Dr —
Kathryn Dean
eXp Realty LLC
214-708-2843
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 387 Watermere Dr
School District:Keller Independent School District
| Name | Grades | Distance |
|---|---|---|
Florence Elementary School, Southlake, TX 3095 Johnson Road, Southlake, TX 76092 | K-4 | 0.7 mi |
Keller Middle School 300 College Street South, Keller, TX 76248 | 7-8 | 3.1 mi |
Keller High School 601 Pate Orr Road North, Keller, TX 76248 | 9-12 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 387 Watermere Dr
Tax History
Tax History for 387 Watermere Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,141
41%
$498,313
-16%
2023
$7,914
—
$595,000
7%
2023
$7,914
-20%
$556,075
6%
2022
$9,941
10%
$526,481
12%
2021
$9,065
—
$470,000
—
2020
$9,110
-23%
$470,000
2%
2018
$11,755
4%
$460,700
-2%
2019
$11,312
-5%
$470,000
2%
2017
$11,934
-10%
$460,700
-10%
2016
$13,289
5%
$509,426
7%
2015
$12,642
127%
$478,245
127%
2014
$5,578
124%
$211,000
124%
2013
$2,485
—
$94,000
—
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 387 Watermere Dr
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- Single Family
- Active
- Updated 6 days ago
- 4Beds
- 3Total Baths
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- Single Family
- Active
- Updated 14 hours ago
- 4Beds
- 4Total Baths
Listed by The Wykes Group (817) 329-9005
387 Watermere Drive, Southlake, TX 76092 (MLS# 21163569) is a Condo property with 2 bedrooms and 3 full bathrooms. 387 Watermere Drive is currently listed for $899,000 and was received on February 07, 2026. Want to learn more about 387 Watermere Drive? Do you have questions about finding other Condo real estate for sale in Southlake? You can browse all Southlake real estate or contact a Coldwell Banker agent to request more information.