Watermere in Southlake, TX

Watermere at Southlake is a gated, 55-and-older community on the west side of Southlake, built around a big clubhouse with dining, fitness and a concierge. You'll find condos and attached villas here, and the HOA handles the outside upkeep. Just know all those amenities come with high HOA fees, and I'll be upfront with you about that.

A quick look at Watermere in Southlake.

Watermere at a glance

Detail	Watermere at Southlake
Location	West Southlake, on Watermere Drive
Recent sales	$310,000 to $850,000 (12 sales, Nov 2025 to Nov 2026)
Gated	Yes
Age requirement	55 and older
Setting	About 67 acres with ponds and green space, based on listings
Home types	Condos and attached villas, one or two stories
Built	Construction began in 2007, and residents have lived here since 2008
Clubhouse	About 35,000 square feet
Amenities	Dining, fitness center, indoor pool, salon, concierge, tennis and pickleball, fishing lakes and walking paths, based on listings
HOA	Yes, and high: about $2,450 to $3,250 a month on recent sales. Some listings also show a one-time club membership fee. Ask me for exact numbers.

What is it like to live in Watermere?

Watermere is built around its clubhouse. A 2021 Southlake Style profile put it at about 35,000 square feet, and recent listings mention restaurants, a fitness center, an indoor pool, a salon and a concierge. Outside, listings show walking paths, fishing lakes, and tennis and pickleball courts.

A 2021 Southlake Style profile also listed golf at Sky Creek Ranch, water aerobics, scheduled activities and events, and transportation to the airport, doctor's appointments and day trips. Services change, so we'll get the current list from the community before you buy.

If you want a social calendar and dinner without leaving your neighborhood, Watermere is set up for exactly that.

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 home.

What are the homes like in Watermere?

Homes here are condos and attached villas. Recent sales ran from about 1,000 to 3,000 square feet. The larger ones I've seen have two or three bedrooms, in one-story and two-story plans with the primary suite on the first floor.

In the last 12 months (as of November 2026), 12 homes sold here for about $310,000 to $850,000. Most sold between $415,000 and $615,000.

Construction started in 2007, so even the oldest homes here are newer than most of Southlake. The HOA takes care of exterior maintenance, landscaping, lawn care and the common areas.

Now listen, this is the big one. When I filmed South Village at Watermere next door for my gated neighborhoods tour, I called the Watermere HOA fees extraordinary. On recent sales, the dues ran about $2,450 to $3,250 a month. You're paying for all those amenities and services. Some resale listings also show a one-time club membership fee on top of the dues. Ask me for the exact numbers on any home before you write an offer.

Where is Watermere?

Watermere is on the west side of Southlake, on Watermere Drive. Southlake Town Square is a drive, not a walk, a few miles to the east. Everyday shopping, including a Sprouts Farmers Market, is within about a mile. Southlake as a whole is about 15 minutes from Dallas-Fort Worth International Airport.

Who is Watermere a good fit for?

Watermere makes the most sense if you want:

• Dining, fitness and activities built right into your neighborhood.
• Someone else handling the outside of your home.
• A home you can lock up and leave when you travel.

Here's the part that not everyone talks about.

• Cost. The dues are high, and there may be a club membership fee. Budget for both, on top of the price of the home.
• Space. Condos and attached villas mean shared walls and very little yard.
• Location. You're on the west side of town, so Town Square is a drive.

If you'd rather skip the clubhouse dues, look at South Village at Watermere right next door. It's a gated, 55-and-older community of custom cottages, and it isn't part of the Watermere clubhouse and condominium association. You don't pay those fees, and you don't get all the amenities either.

Nearby neighborhoods to compare

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

• South Village at Watermere, right next door, with 33 custom cottages and lower dues.
• Carillon, where the villa sections offer a lock-and-leave option in north Southlake.
• Carillon Parc, with new villa homes and restaurants and shops on the way.
• Town Square Brownstones, if walking to dinner matters more to you than a clubhouse.

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 Watermere gated, and is it a 55+ community?

Yes to both. Watermere at Southlake is a gated community, and it's age-restricted for people 55 and older. Ask me how the age rules apply to your household before you write an offer.

Are there fees beyond the HOA dues in Watermere?

There can be. Some resale listings show a one-time club membership fee at closing, on top of the HOA dues. Who pays it can vary, so ask me for the exact numbers on any home before you write an offer.

What's the difference between Watermere and South Village at Watermere?

South Village at Watermere is the community of custom cottages right next door. It isn't part of the Watermere clubhouse and condominium association, so its owners skip the Watermere dues and most of the Watermere amenities.

Your next step

Want to see what's available in Watermere? I'd be so happy to send you the homes for sale here, including ones that aren't on the market yet. Fill out my Southlake questionnaire, tell me your budget and your hot buttons, and I'll send you the homes that fit. From there, we can set up a one-on-one Zoom call to narrow it down.

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