




$569,900
3700 Water Mill Way, Northlake, TX, 76226
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About this property
Welcome to 3700 Water Mill Way in the award-winning Canyon Falls community! Built by Ashton Woods and beautifully maintained, this updated home offers exceptional curb appeal, a functional floor plan, and an unbeatable location backing to a protected greenbelt. With the land behind the home designated as floodplain, you'll enjoy peaceful, private views that will remain undeveloped. This home features a two-car garage, extended back patio, and the perfect blend of comfort and convenience. Inside, the open-concept layout is ideal for everyday living and entertaining. The spacious kitchen overlooks the dining area and living room, featuring abundant cabinetry and a beautiful brick accent fireplace creating a warm focal point. The private primary suite is conveniently located downstairs and offers a relaxing ensuite bath with dual sinks, soaking tub, separate shower, and spacious walk-in closet. A front office with French doors provides the perfect work-from-home space, while the downstairs half bath is ideal for guests. Upstairs offers three bedrooms, two full bathrooms, and a versatile game room, with one secondary bedroom featuring its own ensuite bath. Enjoy the outdoors from the extended back patio while taking in the peaceful greenbelt setting. Canyon Falls is a 1,242-acre master-planned community featuring over 400 acres of parks, open space, and recreational amenities. Explore more than 10 miles of hiking and biking trails, including trails directly behind the home that wind along Graham Branch Creek, the natural centerpiece of the community. Residents enjoy two resort-style pools, splash pad, fitness center, clubhouse, dog park, playgrounds, and ponds for catch-and-release fishing. Located in highly acclaimed Argyle ISD, ranked the #1 school district in Denton County, this home offers the perfect combination of top-rated schools, incredible amenities, and peaceful living in one of North Texas' premier communities.
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Northlake
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