Allen, Texas
The Reserve at Watters, Allen
A 124 homesite Southgate Homes community at Watters Drive and Stacy Road, with new luxury homes still selling in 2026.
Call or text 469-285-9301 · same-day response
Inside The Reserve at Watters
The Reserve at Watters is a new-construction community by Southgate Homes, a Green Brick Partners company, with 124 homesites near Watters Drive and Stacy Road in Allen. Sales opened in late 2023, and in October 2026 builder plans ran from about 2,900 to 4,500 square feet with three-car garages, a pool, an event lawn, a pavilion and trails. It fits buyers who want a brand new home in an established part of Allen, close to Watters Creek and Allen High School, without moving out to the newer suburbs.
The lesson here is how to compare a new build with resale. In October 2026 the base plans started around $954,000 while finished homes with upgrades were listed at $1,197,579 to $1,338,916, so the real number is the finished price, not the base price. I walk buyers through what is included, what upgrades usually add and how nearby resales compare, and for owners who bought here early, I price against the builder's current inventory, because that is your direct competition.
The builder's rep works for the builder. I work for you.
As your agent I owe you fiduciary duties under Texas law: I have to put your interests above everyone else's, including my own, and tell you anything material I learn about the deal. In that sales office, I'm the only real advocate you have.
I walk the slab, the framing before drywall and the final with you and your inspector, and I know what to push back on.
A builder's rep sells one community. I put your budget side by side across builders, with the PID or MUD, the school district and the incentive each one is offering that month.
Builders offer price cuts, closing costs or a rate buydown. I run the numbers on each option so you take the one that does the most for your monthly payment.
Builders write their own contracts, not the standard state forms. I go through every page with you, and stay on it until you have the keys.
On new construction the builder usually pays my fee, and I confirm it in writing before you sign. Bring me, or register me, on your first visit, because many builders won't add an agent later.
The facts
Community pool, Event lawn and pavilion, Playground and picnic area, Fire pit, Walking, jogging and bike trails along a creek
The Reserve at Watters is near Watters Drive and Stacy Road in north Allen (ZIP 75013), with the community address listed at 988 Pepperwort Drive, close to Watters Creek and Allen High School.
A builder marketplace page lists a total tax rate of 1.79%+ and no special district fee (Oct 2026), which lines up with the City of Allen, Collin County, Collin College and Allen ISD rates for tax year 2025 (about 1.77%). New homes are taxed on the improved value after completion, so I estimate the full tax bill on the finished price, not the lot value.
Where The Reserve at Watters sits
Drive times, schools and shopping around it. Ask me for a tour of the area.
Meet Miguel.
Miguel Gomez is a Texas REALTOR® with Texava Brokerage. He works with first-time home buyers, new construction and families relocating to North Texas, and he gets back to you the same day.
About The Reserve at Watters
How much are new homes in The Reserve at Watters?
What school district is The Reserve at Watters in?
What is the HOA in The Reserve at Watters?
How do I sell my home in The Reserve at Watters while the builder is still selling?
Current incentives here
Posted offers from builders in this community, checked against each builder's own site. Most require the builder's lender, and the posted number is where negotiating starts. Bring your agent to the first visit.
$20,000 toward closing costs on select quick move-in homes
Must use Green Brick Mortgage and Green Brick Title. While funds last; not combinable; not for contract rewrites, transfers or prior Southgate buyers.
No end date posted · Checked Oct 20, 2026 · Builder source
Every home that sold in The Reserve at Watters, last 90 days
Sale price, price per square foot and days on market for each sale, pulled from the MLS by Miguel. Useful if you are thinking about selling or want to know if a listing is priced right.
New listings in The Reserve at Watters, straight from the MLS
Miguel sets up an MLS search with your price range, and new homes reach you the day they hit the market, with photos, price and history. Your number stays with Miguel.
Looking in The Reserve at Watters?
I track new listings, resale history and builder incentives here. Tell me what you need and I'll send what fits.
- Multi-Housing News: Southgate Homes debuts 2 DFW communities (Dec 2023)
- Jome: The Reserve at Watters by Southgate Homes, Allen TX
- Century 21 Judge Fite listing: 2122 Wakefield Lane, Reserve at Watters (Aug 2026)
- NewHomeSource: new home communities in 75013
- Collin Central Appraisal District entity rates, 2025 (Texas Open Data Portal)
HOA dues, MUD and PID assessments and school zoning change by section. Miguel verifies them for every address.