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Waterstone Homes for Sale

11 listings found

Waterstone is a master-planned residential community in Hays County, positioned along the fast-growing corridor south of Austin near Kyle. Built by national builders Meritage Homes and Lennar, the neighborhood offers single-family homes and townhomes with energy-efficient construction and modern floor plans that newer communities in this part of Texas are known for. The community sits at an interesting intersection of two school districts, Hays Consolidated ISD and Boerne ISD, giving buyers in different sections of Waterstone distinct school options. Its location puts Kyle's expanding retail corridor within minutes while keeping Austin accessible via the I-35 corridor. Neighborhoods | Schools | New Construction | Getting Around | Market Overview | FAQs

$282,490 Median Price
48 Avg Days on Market
36 Active Listings
5.7 Months of Inventory
For Sale For Rent Land Farms & Ranches
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3 bed, 2 bath, residential lease at 206 Sambre ST, Kyle TX 78640, Kyle TX For Lease 11 photos
$1,650/mo
3 bd 2 ba 1,230 sqft
206 Sambre ST, Kyle TX 78640 Kyle, TX 78640
24.9 mi away
4 bed, 2 bath, residential lease at 247 Alamito Ave, Kyle TX 78640, Kyle TX For Lease 33 photos
$1,975/mo
4 bd 2 ba 1,815 sqft
247 Alamito Ave, Kyle TX 78640 Kyle, TX 78640
25.1 mi away
4 bed, 3 bath, residential lease at 227 Rodney Boat RD, Kyle TX 78640, Kyle TX For Lease New Construction 34 photos
$2,399/mo
4 bd 3 ba 2,207 sqft
227 Rodney Boat RD, Kyle TX 78640 Kyle, TX 78640
25.5 mi away
5 bed, 4 bath, residential lease at 191 Rodney Boat RD, Kyle TX 78640, Kyle TX For Lease New Construction 40 photos
$2,899/mo
5 bd 4 ba 3,223 sqft
191 Rodney Boat RD, Kyle TX 78640 Kyle, TX 78640
2 days on market 25.4 mi away
4 bed, 2 bath, residential lease at 234 Magalia LN, Kyle TX 78640, Kyle TX For Lease 28 photos
$1,995/mo
4 bd 2 ba 1,845 sqft
234 Magalia LN, Kyle TX 78640 Kyle, TX 78640
8 days on market 25.2 mi away
3 bed, 3 bath, residential lease at 110 Haw Branch VW, Kyle TX 78640, Kyle TX For Lease 15 photos
$1,699/mo
3 bd 3 ba 1,427 sqft
110 Haw Branch VW, Kyle TX 78640 Kyle, TX 78640
20 days on market 25.1 mi away
5 bed, 3 bath, residential lease at 499 Avre LOOP, Kyle TX 78640, Kyle TX For Lease 40 photos
$2,499/mo
5 bd 3 ba 2,608 sqft
499 Avre LOOP, Kyle TX 78640 Kyle, TX 78640
33 days on market 25.1 mi away
3 bed, 2 bath, residential lease at 184 Chapel Beck DR, Kyle TX 78640, Kyle TX For Lease 40 photos
$1,550/mo
3 bd 2 ba 1,230 sqft
184 Chapel Beck DR, Kyle TX 78640 Kyle, TX 78640
41 days on market 25.1 mi away
4 bed, 4 bath, residential lease at 259 Sormonne LOOP, Kyle TX 78640, Kyle TX For Lease 34 photos
$2,150/mo
4 bd 4 ba 1,923 sqft
259 Sormonne LOOP, Kyle TX 78640 Kyle, TX 78640
58 days on market 24.9 mi away
3 bed, 2 bath, residential lease at 126 Avre LOOP, San Marcos TX 78640, San Marcos TX For Lease 39 photos
$1,500/mo
3 bd 2 ba 1,230 sqft
126 Avre LOOP, San Marcos TX 78640 San Marcos, TX 78640
115 days on market 25.2 mi away
4 bed, 3 bath, residential lease at 295 Alamito Ave, Kyle TX 78640, Kyle TX For Lease 29 photos
$1,995/mo
4 bd 3 ba 1,969 sqft
295 Alamito Ave, Kyle TX 78640 Kyle, TX 78640
137 days on market 25.1 mi away

Recent Sales in This Area

See what homes have recently sold nearby

4 bed, 3 bath, residential lease at 283 Honey Onyx TRL, Kyle TX 78640, Kyle TX Off Market
Sold Jan 2026
4 bd 3 ba 2,012 sqft
283 Honey Onyx TRL, Kyle TX 78640 Kyle, TX 78640
4 bed, 2 bath, residential lease at 487 Alamito Ave, Kyle TX 78640, Kyle TX Off Market
Sold Jan 2026
4 bd 2 ba 1,815 sqft
487 Alamito Ave, Kyle TX 78640 Kyle, TX 78640
3 bed, 2 bath, residential at 562 Sormonne LOOP, Kyle TX 78640, Kyle TX Off Market
Sold Dec 2025
3 bd 2 ba 1,230 sqft
562 Sormonne LOOP, Kyle TX 78640 Kyle, TX 78640
4 bed, 2 bath, residential at 553 Sormonne LOOP, Kyle TX 78640, Kyle TX Off Market
Sold Dec 2025
4 bd 2 ba 1,815 sqft
553 Sormonne LOOP, Kyle TX 78640 Kyle, TX 78640
3 bed, 2 bath, residential lease at 228 Rodney Boat RD, Kyle TX 78640, Kyle TX Off Market
Sold Dec 2025
3 bd 2 ba 1,949 sqft
228 Rodney Boat RD, Kyle TX 78640 Kyle, TX 78640

About Waterstone Homes for Sale

Neighborhoods & Subdivisions in Waterstone

Waterstone is divided into several sections that each serve a slightly different buyer. The core Waterstone subdivision is the largest portion of the community and contains the majority of the detached single-family homes, typically on compact lots that balance private outdoor space with low-maintenance living. Waterstone Village is the premium tier within the development, where homes tend to run larger with more finishes included and lot premiums that reflect the additional space and position. Rounding out the options, Waterstone Village Townhomes brings attached housing into the mix for buyers who want new construction without the responsibilities of a standalone home.

That range of product types within a single community is relatively uncommon in Hays County's newer developments and gives Waterstone broader appeal across different buyer profiles. Because Meritage Homes and Lennar are both building simultaneously, buyers can comparison shop between two major national builders on the same visit, weighing floor plans, finish packages, lot availability, and incentive programs side by side before committing.

Schools Serving Waterstone

Waterstone sits in a zone where two school districts serve the community: Hays Consolidated ISD and Boerne ISD. Which district applies depends on the specific location of a home within Waterstone, so confirming school zoning before going under contract is an important step for any buyer with school-age children.

Homes zoned to Hays CISD are served by Hemphill Elementary, Laura B Wallace Middle School, and Jack C. Hays High School. Hays High is a large campus in Buda with broad athletics, performing arts facilities, and a full range of dual-enrollment and advanced coursework options. Hays CISD has grown rapidly alongside the boom in south Austin suburbs and continues investing in new facilities and programs to keep pace with enrollment growth.

For homes zoned to Boerne ISD, students attend Herff Elementary, Voss Middle School, and Boerne High School. Boerne ISD carries a strong reputation for academic performance and smaller campus environments. Boerne High School is well regarded across both academics and extracurriculars, offering a different experience from the larger Hays CISD campuses. Buyers with a specific district preference should verify zoning with their agent during the search process, as school assignments in communities straddling district boundaries can vary street by street.

New Construction in Waterstone

New construction is the defining characteristic of the Waterstone market. Meritage Homes and Lennar both maintain active build programs in the community, which means buyers typically have three paths to entry: purchasing from the ground up with full customization options, selecting from quick-move-in inventory already under construction, or buying a completed spec home ready for immediate occupancy.

Meritage builds to high energy-efficiency standards, with spray foam insulation, high-efficiency HVAC systems, and smart home technology bundled into most of their homes as standard features rather than paid upgrades. That construction approach tends to produce noticeably lower utility costs compared to older resale homes in the area. Lennar's "Everything's Included" model takes a different but equally buyer-friendly approach, bundling quartz countertops, stainless appliances, designer tile, and home automation into the base price to reduce the upgrade surprises that catch buyers off guard in other new construction communities.

One thing worth knowing before purchasing from a production builder is that their contracts are written with the builder's interests in mind. Having an independent buyer's agent review the contract, attend walk-throughs, and hold the builder accountable through construction costs you nothing as a buyer. The team at Neuhaus Realty Group has worked with buyers in master-planned communities across Hays County and can help you navigate incentive cycles, lot premiums, and upgrade negotiations without the builder's sales staff shaping the entire conversation.

Getting Around Waterstone

Waterstone's position in Hays County near Kyle puts residents squarely on the I-35 corridor, which is both the community's greatest commuting asset and its most predictable challenge. Under normal traffic conditions, the drive to downtown Austin runs roughly 30 to 40 minutes, with South Congress and South Lamar reachable without leaving the interstate. The tech campuses concentrated in North Austin and the Domain area require more time, making peak-hour timing an important factor for anyone working in those areas.

For daily errands, Kyle's commercial corridor along I-35 has expanded substantially and now includes major grocery chains, urgent care and medical offices, restaurants, and big-box retail within a few minutes of the neighborhood. That level of commercial development close to home is a meaningful quality-of-life factor that was largely absent in this part of the county just a decade ago.

Buyers comparing multiple communities in the area will want to look at Kyle broadly, as the city has several distinct new construction projects active simultaneously. For a wider view of what is available across the region, browsing Austin area homes for sale helps put Waterstone's location in context relative to other Hays County communities and the broader metro.

Waterstone Real Estate Market Overview

Because Waterstone is predominantly a new construction community, its market dynamic differs from resale-heavy neighborhoods where comparable sales directly determine pricing. Builder incentives, interest rate buydowns, and spec home pricing strategies tend to set the tone for valuations across the neighborhood. When builders are motivated to move inventory, the incentives they offer, particularly temporary or permanent rate buydowns, can represent more real value than a negotiated discount on the purchase price itself.

The townhome product at Waterstone Village Townhomes creates a lower price-point entry into the community for buyers who want new construction without committing to the price level of detached single-family homes. At the other end of the spectrum, Waterstone Village's larger homes attract buyers prioritizing size and finish level over price optimization.

Builder competition within the same community is relatively unusual and works to buyers' advantage. With Meritage and Lennar both active, buyers who visit both sales offices and compare offers transparently often find that competition between the two translates into better terms. Working with a buyer's agent who monitors incentive programs across both builders is a real advantage in this kind of market environment.

Whether you are buying new construction or evaluating resale options nearby, Neuhaus Realty Group can help you understand how Waterstone compares to other active communities in Hays County and make sure you are getting the best terms available before you sign anything.

Frequently Asked Questions

What school districts serve Waterstone?
Waterstone is served by two school districts: Hays Consolidated ISD and Boerne ISD. Which district applies depends on the specific location of the home within the community. Hays CISD students attend Hemphill Elementary, Laura B Wallace Middle School, and Jack C. Hays High School. Boerne ISD students attend Herff Elementary, Voss Middle School, and Boerne High School. Always confirm school zoning on the specific property address before going under contract.
Is Waterstone primarily a new construction community?
Yes. Waterstone is built primarily by Meritage Homes and Lennar, both of which maintain active build programs in the community. Buyers typically have options ranging from ground-up custom builds to quick-move-in homes and completed spec inventory. Resale homes do exist in the community but are less common given how recently most of the neighborhood was developed.
How far is Waterstone from downtown Austin?
Waterstone is located in Hays County near Kyle, which sits on I-35 south of Austin. Most residents can reach downtown Austin in 30 to 40 minutes under normal traffic conditions. Rush hour on I-35 through South Austin can extend that significantly, so buyers commuting to North Austin or the Domain should test the drive during peak hours before committing.
What types of homes are available in Waterstone?
Waterstone offers detached single-family homes across the Waterstone and Waterstone Village subdivisions, with Waterstone Village generally featuring larger floor plans and more premium finishes. Waterstone Village Townhomes adds attached housing for buyers who prefer a lower-maintenance option. Most homes in the community are newer or currently under construction by Meritage Homes or Lennar.
What are property taxes like in Hays County?
Hays County property tax rates generally run in the range of 1.7 to 2.0 percent of assessed value, which is competitive within the Austin metro. However, newer master-planned communities like Waterstone often carry additional Municipal Utility District (MUD) levies that are assessed on top of the county and city rates. Buyers should ask for the full tax breakdown for any specific property, including all applicable district fees, before finalizing their purchase decision.
Does Waterstone have an HOA?
Master-planned communities developed by builders like Meritage and Lennar almost always include a homeowners association to maintain common areas and community standards. HOA fees, rules, and amenities can vary between sections of the community, so requesting the full HOA disclosure documents and current fee schedule should be a standard part of due diligence on any Waterstone home.
What is there to do near Waterstone?
Kyle has developed a full commercial corridor along I-35 with grocery stores, restaurants, healthcare, and retail within a few minutes of the neighborhood. The Plum Creek area and Kyle's developing downtown offer additional dining and entertainment. Austin's South Congress and South Lamar districts are accessible in well under an hour for those looking for a more urban experience on weekends.
Are there comparable communities near Waterstone worth comparing?
Kyle has multiple active new construction communities at similar price points with overlapping builder programs, making it worth exploring broadly before settling on one neighborhood. Buyers who want to compare Hays County options more thoroughly can browse Austin area homes for sale to see what is active across the metro. The team at Neuhaus Realty Group can help you compare communities efficiently and identify which one best fits your priorities.
Ed Neuhaus, Austin Realtor

Ed Neuhaus

Broker / Owner, Neuhaus Realty Group · TREC #593057

Licensed Texas Realtor since 2007 serving Austin and the Hill Country. Investor, STR operator, and straight-talking advisor for buyers, sellers, and investors. 16 five-star reviews.

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Listing data provided by ACTRIS MLS. Information deemed reliable but not guaranteed. © 2026 Austin Central Texas Realty Information Service.

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