The Reserve at Watters Homes for Sale

DFW New Construction · Allen TX New Construction · The Reserve at Watters

Carlee Howard, Broker-Owner of Rafter H Realty LLC

Southgate Homes · Allen, TX

Living in The Reserve at Watters, Allen TX: New Construction Homes, Schools and Things to Know

The Reserve at Watters is a 124-home Southgate Homes community near Watters Road and Stacy Road in north Allen, with an event lawn and playground. Homes are luxury one- and two-story designs with 3-car garages on homesites of at least 60 feet wide.

Get The Reserve at Watters Updates Call Carlee (214) 444-9427

Last updated: October 2026 · There are no The Reserve at Watters listings on the MLS right now, so up to 120 current Allen new construction homes are shown below.

The Reserve at Watters at a Glance

Builder(s)Southgate Homes
Builder pricingFrom about $954,000 (November 2026)
HomesAbout 2,928 to 4,401 sq ft, 3 to 5+ bedrooms, 3-car garages
Homesites124 homesites, at least 7,500 sq ft and 60 ft wide
HOAAbout $1,260 per year
SchoolsAllen ISD — Cheatham Elementary, Curtis Middle School, Lowery Freshman Center, Allen High School
Location988 Pepperwort Drive, near Watters Road and Stacy Road in north Allen

What Buyers Love About The Reserve at Watters

  • Luxury plans with 3-car garages
  • Event lawn and playground
  • Wide homesites of 60+ feet
  • Near Allen Premium Outlets and the Stacy Road corridor
  • Allen ISD schools
No homes were listed on the MLS in November 2026, so new homes here are mainly bought by choosing a plan or a builder inventory home through the sales center. Builder prices, incentives and HOA dues change often. Carlee confirms school zoning, HOA and tax rates by address for her buyers before contract.

Schools Serving The Reserve at Watters

Allen ISD: Serves more than 21,000 students from pre-K through 12th grade. Elementary schools serve kindergarten through sixth grade, middle schools serve seventh and eighth, Lowery Freshman Center serves ninth grade, and every student finishes at one high school, Allen High School. Earned an A rating from the Texas Education Agency for 2024-25.

Cheatham Elementary
Grades K-6
Beverly Cheatham Elementary is on Hopewell Drive in north Allen and serves kindergarten through sixth grade.
Curtis Middle School
Grades 7-8
Curtis Middle School is on Rivercrest Boulevard in Allen and has served the district's seventh and eighth graders since 1994.
Lowery Freshman Center
Grades 9
Lowery Freshman Center in Allen is the district's ninth-grade campus, giving every freshman a dedicated year before Allen High School.
Allen High School
Grades 10-12
Allen High School on Rivercrest Boulevard is one of the largest high schools in Texas and reports a 97% graduation rate.

School zoning and feeder patterns change as Allen grows, so Carlee checks every address with the district before you buy.

Living Near The Reserve at Watters: Shopping, Parks and Commute

  • Where it is: North Allen near Watters Road and Stacy Road
  • Groceries and shopping: Allen Premium Outlets and the Stacy Road retail corridor are minutes away
  • Parks and recreation: Community event lawn and playground, with Spirit Park and Saddle Club Park about 3-6 min away
  • Downtown Dallas: about 30-35 min
  • Watters Creek: about 10 min
  • Highway access: Stacy Road connects to US-75, with the Sam Rayburn Tollway (SH-121) close by

Approximate off-peak drive times from Allen: Downtown Dallas about 30-35 min via US-75; Legacy West in Plano about 20 min via the Sam Rayburn Tollway (SH-121); Downtown McKinney about 15 min via US-75; Dallas Love Field about 40 min via US-75; DFW Airport about 40 min via SH-121; Downtown Fort Worth about 60 min via SH-121 and SH-183.

The Reserve at Watters Questions Buyers Ask

How much are homes in The Reserve at Watters?

Southgate Homes plans start around $954,000 as of November 2026, with larger plans and finished inventory homes above $1.3 million.

Are there homes for sale right now?

No homes were on the MLS in November 2026, but the builder was still selling plans and inventory homes. Carlee can check current availability with the sales team.

What schools serve The Reserve at Watters?

Homes are zoned to Allen ISD: Cheatham Elementary, Curtis Middle School, Lowery Freshman Center and Allen High School. Confirm each address with the district.

All New Construction Neighborhoods in Allen, TX

Compare every new construction community Carlee tracks in Allen, TX. See the full Allen TX new construction guide »

Twin Creeks WattersFrom the $380s · CB JENIView community »
Chelsea CommonsFrom the $400s · Drees & CadenceView community »
The AvenueFrom the $450s · D.R. HortonView community »
Custer Ridge EstatesFrom the $930s · ShaddockView community »
The Reserve at WattersFrom the $950s · SouthgateView community »

Helpful Guides for Allen Buyers

Buying in The Reserve at Watters? Selling First?

Carlee Howard is Broker-Owner of Rafter H Realty LLC, a top 1% DFW Realtor with 10+ years helping new construction buyers — including families who need to sell and buy at the same time. Bring her to your first model home or builder visit and she will negotiate upgrades and incentives for you at no cost to you. Read more about Carlee »

(214) 444-9427 · carlee.howard@rafterhrealty.com · rafterhrealty.com

TREC Information About Brokerage Services · TREC Consumer Protection Notice

The Reserve at Watters New Construction Homes for Sale in Allen, TX

930 Stockton Dr Unit 414, Allen
$270,530
2 Beds ⋅ 2 Baths ⋅ 21426947 MLS
******** OPEN HOUSE 12:00 - 4:00PM, NOV. 14 (Saturday) ******** Brand-new 2025 cooperative residence, never lived in, located in Allen’s premier 62+ senior community (one resident must be age 62+). This fourth-floor unit offers 1,587 sq. ft. with 2 bedrooms, 2 full baths, and a flexible den ideal for an office or hobby room. Open-concept living and dining areas connect to a spacious kitchen. Luxury vinyl plank flooring extends through the main living areas, kitchen, baths, and laundry room, with carpeted bedrooms for comfort. The primary suite features a large walk-in closet, and the oversized laundry room plus additional closets provide excellent storage. Enjoy a private balcony for outdoor relaxation. The $270,530 share price includes $6,356 upgrades such as new washer, dryer, refrigerator, and upgraded floor. One assigned parking space is included in the secure basement garage. The sale price will appreciate 3% each year according to the cooperative. There is no HOA, however the cooperative needs monthly carrying charge which provides predictable housing expenses and covers property taxes, insurance, water, sewer, trash, interior and exterior maintenance, lawn care, building security, reserve funds, operating expenses, and the cooperative’s underlying mortgage principal and interest. Ideal for seniors seeking low-stress, maintenance-free, lock-and-leave living with predictable monthly budgeting. Community amenities include resident activities, controlled-access garage entry, visitor parking, and bike storage. Village Cooperative of Allen is popular among active-adult buyers seeking maintenance-free ownership instead of traditional assisted living. For community information and resident stories, search Village Cooperative of Allen.

930 Stockton Dr Unit 414, Allen

1183 Doris May Dr, Allen
$520,000
3 Beds ⋅ 3 Baths ⋅ 21397312 MLS
Own the final brand-new townhome in Watters Edge at The Farm at Allen. This never-lived-in end unit, built by Ashton Woods, is move-in ready and zoned to highly acclaimed Allen ISD. Trails, restaurants, and entertainment are within walking distance. The community sits just off Highways 121 and 75, minutes from top-rated schools, Allen Premium Outlets, Costco, and multiple retail centers. The open-concept main level features soaring 10-foot ceilings, 8-foot doors, designer lighting, and abundant natural light. A sliding glass door with curtains opens to a private patio and fenced grassy area. The kitchen offers a large island, 42-inch white cabinetry, quartz countertops, a subway tile backsplash, Energy Star stainless steel appliances, a gas cooktop, an undermount sink, and a walk-in pantry. A welcoming front porch and a half bath complete the first floor. Upstairs, the primary suite includes a private balcony with serene views, a spa-style bath with dual sinks and a walk-in shower with bench, and an oversized walk-in closet. Two split secondary bedrooms each have a walk-in closet and share a full bath. A spacious game room offers flexible space for an office, playroom, or home gym, and a large utility room completes the second floor. Additional highlights: Epoxy-coated two-car garage Smart thermostat and security system Refrigerator, microwave, washer, dryer, blinds, and curtains included Remaining Ashton Woods builder warranty will be transfers to the buyer

1183 Doris May Dr, Allen

402 Lakeway Dr, Allen
$10,599,000
7 Beds ⋅ 11 Baths ⋅ 21343406 MLS
Positioned on a premier lot overlooking Hole 3 of the Arnold Palmer Signature Course, 402 Lakeway sets a magnificent benchmark for luxury living within Allen's premier guard-gated enclave, Wimberley Place. Designed by Lloyd Lumpkins Architects and masterfully built by Sharif-Munir Custom Homes, this Neoclassical sanctuary spans over 13,000 square feet on the primary floors plus more than 5,000 square foot of finished basement. From the threshold, dramatic groin-vaulted gallery ceilings showcase exquisite attention to craftsmanship. Adjacent to the main gallery, a breathtaking two-story library serves as a sophisticated retreat, detailed with rich paneling, full-height custom bookcases, a wrought-iron overlook balcony, and sun-drenched arched windows. The floor plan balances monumental entertaining spaces with intimate daily living, anchored by a state-of-the-art chef's kitchen, a secondary spice kitchen, and a catering butler's pantry. Seven bedroom suites and eleven baths provide private retreats, including a dedicated multi-generational wing. Leisure activities are catered to with an impressive array of lifestyle amenities: a Gilded Age-inspired sunroom, a grand home theatre, full-sized elevator, oversized game room, and a health club featuring a gym and sauna. A crown jewel for car collectors and auto enthusiasts, a private drive-down ramp accesses an expansive subterranean six-plus car basement garage - a true rarity in North Texas - complete with extensive dedicated climate- controlled storage rooms. Stepping outside, loggias on both levels feature automated roll-down privacy screens and a complete outdoor summer kitchen designed for year-round entertaining against panoramic golf course backdrops. Complete with smart home automation, a rare geothermal HVAC system and full-home Generac backup generator delivering whisper-quiet efficiency and total uninterrupted peace of mind year-round, top-tier security, this estate represents an unprecedented luxury lifestyle.

402 Lakeway Dr, Allen

930 Stockton Dr Unit 109, Allen
$235,520
2 Beds ⋅ 2 Baths ⋅ 21335116 MLS
******** OPEN HOUSE 12:00 - 4:00PM, NOV. 14 (Saturday) ******** Smarter Than a Condo, Better Than Renting: Luxury 62+ Living in Allen, TX Experience the ultimate lock-and-leave lifestyle at the Village Cooperative of Allen. Unit 109 offers the asset protection of homeownership with the ease of luxury maintenance-free living in one of the nation's most desirable suburbs. Residence: Unit 109 (Wexford floor plan): This spacious 1,506 sq. ft. home features 2 bedrooms and 2 bathrooms. Perfectly situated on the first floor, it offers effortless access to the community hub, mailroom, and outdoor patio. The interior boasts a bright, open-concept design with a large primary suite featuring a walk-in closet, double sinks, and a walk-in shower. Premium $17,000 Upgrade Package Includes: • Upgraded granite countertops in the kitchen and bathrooms. • 42 inch underlit cabinetry with custom soft-close pull-out trays. • Sleek black stainless-steel appliances (refrigerator, washer, and dryer convey). • Luxury Vinyl Plank (LVP) flooring throughout—completely carpet-free. Effortless Amenities & Accessibility: Your designated parking space in the secure underground garage—which includes a car wash bay located directly across from the elevator for easy unloading. Residents also enjoy a fitness center, woodworking shop, community room, and guest suites for visiting family. Peace of Mind: The $247,520 purchase price secures your share in a thriving community. A monthly carrying charge of $2,483 simplifies your life by covering nearly everything: property taxes, insurance, utilities, and all interior and exterior maintenance. Trade equity-sapping repairs for a vibrant, resident-led lifestyle. This move-in-ready gem is the best-valued unit in the building—secure your worry-free future today!

930 Stockton Dr Unit 109, Allen

930 Stockton Dr Unit 409, Allen
$258,491
2 Beds ⋅ 2 Baths ⋅ 21331649 MLS
******** OPEN HOUSE 12:00 - 4:00PM, NOV. 14 (Saturday) ******** Experience the ultimate 62+ active adult lifestyle at the Village Cooperative of Allen, located in one of the most desirable suburbs in the U.S. This brand-new, move-in ready 409 Wexford unit offers the financial and social perks of homeownership without maintenance headaches. The Residence Located on the fourth floor; this spacious 1,506 SF open-concept apartment features a private balcony perfect for enjoying stunning sunsets. The chef-inspired kitchen includes a center island, with the refrigerator, washer, and dryer all conveying with the unit. Modern luxury vinyl plank flooring runs through the main living areas, while carpeted bedrooms provide extra comfort. The primary suite is a true retreat with a large walk-in closet, double sinks, a built-in vanity, and a sleek walk-in shower with glass doors. Amenities & Lifestyle Enjoy a secure, lock-and-leave lifestyle with reserved underground parking in a secure basement garage. The building is packed with premium amenities, including a well-appointed fitness center, Community Room for social gatherings, Club Room, Craft and Hobby Rooms, and a dedicated guest suite for your visitors. The Cooperative Advantage This unique living model provides a predictable monthly budget. The monthly carrying charge covers property taxes, insurance, water, sewer, trash, interior exterior maintenance, landscaping, and building security. Best of all, your share price appreciates at a fixed 3% annually, and you receive tax statements for your share of property taxes and mortgage interest. Operated as a resident-run not-for-profit, the cooperative focuses on maintaining value and a worry-free environment. This never-occupied unit includes over $10,000 in builder upgrades and is ready for you to call home today.

930 Stockton Dr Unit 409, Allen

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Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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