Addison, Texas
Waterford Park, Addison
A 182-home Addison neighborhood from the early 1990s, built around a neighborhood pond with trails, zoned to Dallas ISD.
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Inside Waterford Park
Waterford Park is a single-family neighborhood in Addison made up of Phase I (65 homes, approved in 1991) and Phase II (117 homes, approved in 1992), according to the town's 2022 housing summary, with homes listed as built in 1993. Listings show Dallas ISD (Bush Elementary, Walker Middle and White High), a neighborhood pond and trails, and a location a few minutes from Brookhaven Country Club. A 3,015 sq ft four-bedroom home listed at $699,000 in May 2026, and a 1,948 sq ft home listed at $650,000 in July 2025.
The lesson here is that price per square foot swings with size. The smaller home above listed at about $334 per sq ft and the larger one at about $232, so a single neighborhood average can mislead both buyers and sellers. When I price a Waterford Park home, I compare it to sales within a few hundred square feet of the same size, and I credit real system updates, like the HVAC, electrical and roof work one May 2026 listing called out.
The facts
Neighborhood pond, Trails and greenbelt, Near Brookhaven Country Club (per listing), Addison Athletic Club access for town residents ($10 one-time fee)
Waterford Park is in Addison's 75001 ZIP code in Dallas County, with streets such as Waterford Drive and Lakeway Court, and listings place it minutes from Brookhaven Country Club.
For tax year 2025, an Addison home in Dallas ISD paid about 2.14% combined before exemptions (town 0.6081, Dallas ISD 0.993835, plus 0.534075 for Dallas County, Parkland Hospital and Dallas College per $100). The town adopted a lower 0.5981 rate for 2026 and offers a 20% homestead exemption, and I confirm the taxing entities for the exact address before you offer.
Where Waterford Park 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 Waterford Park
What schools serve Waterford Park in Addison?
Is there an HOA in Waterford Park?
What do homes cost in Waterford Park?
How much is my Waterford Park home worth?
Every home that sold in Waterford Park, 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 Waterford Park, 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 Waterford Park?
I track new listings, resale history and builder incentives here. Tell me what you need and I'll send what fits.
- Town of Addison: Housing FAQ (July 2022)
- MLS listing: 3792 Waterford Dr, Waterford Park 02 (May 2026)
- MLS listing: 3772 Lakeway Ct, Waterford Park 02 (July 2025)
- Town of Addison: Addison Athletic Club member services
- Dallas Central Appraisal District: 2025 Ad Valorem Tax Rates
- Town of Addison FY2027 Adopted Budget
HOA dues, MUD and PID assessments and school zoning change by section. Miguel verifies them for every address.