South Village at Watermere in Southlake, TX

South Village at Watermere is a gated, 55-and-older active adult community of 33 custom cottages, right next to Watermere on the west side of Southlake. It was the last stop on my video tour of Southlake's gated neighborhoods. It's a little different from everything else on that list, and I called it a really cute community. You get a gate, a fishing lake and a tennis court without the big Watermere clubhouse dues.

South Village at Watermere is the last stop in my video tour of Southlake's gated neighborhoods.

South Village at Watermere at a glance

Detail	South Village at Watermere
Location	West Southlake, right next to Watermere
Recent sales	$1 million to $1.38 million (9 sales, Nov 2021 to Nov 2026)
Gated	Yes
Age requirement	55 and older active adult community
Size	33 custom cottages
Name on listings	Often South Village Watermere
Age of homes	2015 to 2023, based on sales in the last five years
HOA	About $2,500 a year when I filmed, including front yard maintenance
Amenities	Shared access to a tennis court, a private fishing lake and a covered pavilion
Pools	Only two homes in the section had pools when I filmed

What is it like to live in South Village at Watermere?

Here's the most important thing to understand. South Village sits right next to Watermere, but it isn't part of the Watermere clubhouse and condominium association. So you don't pay those extraordinary Watermere HOA fees. You also don't get all the Watermere clubhouse amenities.

What you do get is shared access to a tennis court, a private fishing lake and a covered pavilion. When I filmed, the HOA dues were about $2,500 a year, and that included front yard maintenance. From what I've seen, cottage owners have had the option to join the Watermere clubhouse for an added fee. Ask me what that costs today.

South Village at Watermere is an age-restricted, 55-and-older community. Ask me how the age rules apply to your household before you fall in love with a cottage.

What are the homes like in South Village at Watermere?

There are 33 custom cottages here, and they're beautiful. They're custom, so they vary. The ones that sold in the last five years were built from 2015 to 2023. Two that sold here in 2026 were single-story, three-bedroom homes of about 2,800 to 3,100 square feet.

Only a few homes sell here each year, so I look back five years. In the last five years (as of November 2026), nine homes sold here for about $1 million to $1.38 million. Most sold between $1.15 and $1.3 million, and the two that sold in 2026 went for about $1.3 million and $1.38 million. Prices change, so ask me for today's numbers.

Now listen, if a pool is your hot button, this matters. When I filmed, only two homes in the whole section had pools, and neither was for sale. Keep that in mind before you set your heart on a backyard swim.

Just know that listings usually show these homes as South Village Watermere. If you're searching on your own, try that name too.

Where is South Village at Watermere?

South Village at Watermere is on Riverbrook Way, on the west side of Southlake, right next to Watermere. Southlake Town Square is a drive, not a walk, a few miles to the east. Southlake as a whole is about 15 minutes from Dallas-Fort Worth International Airport.

Who is South Village at Watermere a good fit for?

South Village at Watermere makes the most sense if you want:

• A gate and a custom home in a very small community.
• Front yard maintenance handled through the HOA.
• A tennis court and a fishing lake without paying for a full clubhouse.

Here's the part that not everyone talks about.

• Amenities. If you want the restaurant, the fitness center and the full social calendar, that's Watermere, not South Village.
• Pools. Very few homes have one, so if you want a pool, plan on that being a short list.
• Inventory. With 33 cottages, there won't be many for sale at once.
• Location. You're on the west side of town, so Town Square is a drive.

Nearby neighborhoods to compare

If South Village at Watermere is on your list, I'd compare it with these:

• Watermere at Southlake, right next door, if you want the full clubhouse and you're okay with the higher dues.
• Carillon, where the villa sections offer a lower-maintenance, lock-and-leave option in north Southlake.
• Carillon Parc, with new villa homes and restaurants and shops on the way.

For the big picture, start with my Southlake guide. I also cover lower-maintenance living in Southlake by Lifestyle: Choosing the Right Luxury Living Experience.

Frequently asked questions

Is South Village at Watermere a 55+ community?

Yes. South Village at Watermere is a gated, age-restricted active adult community for people 55 and older. Ask me how the age rules apply to your household before you write an offer.

Is South Village at Watermere part of Watermere?

It sits right next to Watermere, and on listings you'll often see it called South Village Watermere. But it isn't part of the Watermere clubhouse and condominium association, so you don't pay those dues, and the clubhouse amenities aren't included.

What do the HOA dues cover in South Village at Watermere?

When I filmed my gated neighborhoods tour, dues were about $2,500 a year and included front yard maintenance, with shared access to a tennis court, a private fishing lake and a covered pavilion. I'll confirm today's dues before you write an offer.

Your next step

If South Village at Watermere feels like a fit, I'd be so happy to help. Fill out my Southlake questionnaire and paint me a picture of the home you want. I'll send you homes for sale in South Village at Watermere, including ones that aren't on the market yet, and we'll set up a one-on-one call to talk it through.

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