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Days19Days on Market
Views7view

$629,900

310 Watermere Drive, Southlake, TX, 76092

$630,955 ARVInfo
On MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,723 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$231.33 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave, Convection Oven, Refrigerator, Tankless Water Heater, Washer, Wine Cooler
FlooringHardwood, Tile

Exterior

Exterior FeaturesBalcony, Rain Gutters

Building Information

Year Built2007
Garage Spaces2

Land Information

APN45259C---V--310
Lot Number310
SubdivisionWatermere At Southlake Condo
Land UseResidential
Legal DescriptionWATERMERE AT SOUTHLAKE CONDO BLOCK V LOT 310 VILLA .8893% OF C A
Census Tract113912
Assessed Land Value$100,000
Assessed Improvement Value$378,748
Assessment Year2025

About this property

Experience the LIFESTYLE & LOCATION of this 55+ prestigious gated community-Watermere at Southlake. This is where luxury, convenience & an active lifestyle come together! Beautifully designed 2,723-sq ft villa offers 3 bedrooms, 3 full baths & a half bath, with an open floor plan designed for comfortable everyday living & entertaining. Thoughtfully designed with accessibility in mind, the villa accommodates wheelchair access & features a chair lift to the 2nd level. Upstairs, a private bonus living area, bedroom & full bath create an ideal retreat for overnight guests, office space or hobby room while providing privacy & separation from the main living areas. The kitchen features granite countertops, stainless-steel appliances & built-in wine fridge & and opens seamlessly to the living space. Hardwood floors add warmth & elegance throughout. Perhaps one of the villa’s greatest advantages is its location, just a short walk from Watermere’s impressive 35,000-square-foot clubhouse & the heart of the community’s activities & amenities. Watermere offers MUCH MORE than a traditional HOA. The approx $2,650 monthly community fee provides an elevated lifestyle designed around convenience, connection & carefree living, including social gatherings, cocktail nights, fitness classes, concierge services, gated privacy, community grounds, house cleaning for your villa & more. A $300 per-person monthly meal allowance provides additional dining convenience. Enjoy the independence & privacy of your own home without giving up the services, activities & social connection of a luxury 55+ community. Whether spending time with friends, attending a fitness class or community event, enjoying a cocktail gathering, or simply relaxing at home, Watermere makes it easy to enjoy this next chapter of life. Ideally located in the heart of Southlake near exceptional shopping, dining, entertainment, medical services & DFW Airport. Photos coming soon!

Investor Tools

$0Estimated Mortgage Balance
$643,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$630,954
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,858 /month
Positive
Cash Flow Estimate:
$1,286 /month

Interested in this property?

Sherri Murphy

Coldwell Banker Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$616/month
$2,650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,173
$478,748
2025
$100,000
$378,748
$478,748
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,173
$478,748

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$643,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,910/mo
$2,650/mo
$-740/mo
3.6%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Southlake

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310 Watermere Drive | Property Details | No Agent List