Skip to content
dwellmark
MarketPhoenix, AZ
Back to the community

Watermill Collection

by Lennar · Balch Springs, TX · Dallas & Inner Suburbs

Market snapshot

Current builder-published inventory and asking-price activity in this community.

Quick move-ins

1

Ready now

0

Cuts, 30 days

1

Price range

$289k–$289k

Median asking

$288,999

Median $/sqft

$155/sqft

Source: LennarLast checked 5 days ago

Current incentives

Closing costs

Up to $9,000 Toward Closing Costs¹(in addition to discount points paid to lower the rate) and Promotional FHA FIXED rate of 3.99% (4.775% APR) or Promotional FHA 5/1 ARM rate of 3.375% (6.530% APR)

Applies across all Lennar communities

Publicly verified

Limited-Time Savings on New Homes

Full terms

³This 5/1 adjustable rate mortgage remains fixed for the first FIVE years. Starting in year SIX, the rate will adjust once a year based on index changes. APR achieved by Lennar-paid discount points. Offers available when you sign a purchase agreement on a select new home in the greater Dallas/Fort Worth area between 08/19/26 and 08/23/26 and closes and fully funds by 09/30/26. APR achieved by Lennar paid discount points. Interest rate and closing cost offer require financing through Lennar Mortgage, LLC. ¹,²,³ Offer available on select new homes in the greater Dallas/Fort Worth, TX area if buyer signs and delivers a purchase agreement between 08/19/26 and 08/23/26 and closes and fully funds by 09/30/26. Offer may not be combined with any other existing promotions. Not an offer to enter into an interest rate or discount point agreement and any such agreement may only be made in writing signed by both the borrower and the lender. Offers, incentives and seller contributions are subject to certain terms, conditions and restrictions. Certain incentives could affect the loan amount. Lennar reserves the right to change or withdraw any offer at any time. Offer requires financing through seller’s affiliate Lennar Mortgage, LLC but use of Lennar Mortgage, LLC is not required to purchase a home (See Affiliated Business Arrangement Disclosure -  https://mcv0gwmvppxkjtntxgnb0-0xn53y.pub.sfmc-content.com/2wss1jvor1f). Lennar Mortgage, LLC, NMLS # 1058. www.lennarmortgage.com.  ¹At closing, Lennar will provide buyer a credit in an amount not to exceed $9,000, as determined on your Loan Estimate, excluding prepaids. Credit funds may not be used to further buy down the rate. ²,³Information is based on a home price of $249,999. Limited funds are available; rate(s) may change or not be available at the time of loan commitment, lock-in or closing if funds are exhausted. Specific terms apply and buyer is subject to qualification that includes, but not limited to, a minimum of 3.5% down, a minimum credit score of 680, owner occupancy requirements FHA maximum loan limits and/or any changes in investor guidelines or programs. Features, amenities, floor plans, elevations, and designs vary and are subject to changes or substitution without notice. Items shown are artist’s renderings and may contain options that are not standard on all models or not included in the purchase price. Availability may vary. Sq. ft. is estimated; actual sq. ft. will differ. Prices do not include closing costs and other fees to be paid by buyer (including a builder fee, if applicable, as described in the purchase agreement) and are subject to change without notice. 7 TAC §81.200(c) – "CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A MORTGAGE BANKER OR A LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550. THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV. " This is not an offer in states where prior registration is required. Void where prohibited by law. Copyright © 2026 Lennar Corporation and Lennar Mortgage, LLC. All rights reserved. Lennar, the Lennar logo, Lennar Mortgage LLC, and the Lennar Mortgage LLC, logo are U.S. registered service marks or service marks of Lennar Corporation and/or its subsidiaries. Date 08/26

Expires Aug 23Last verified Aug 20, 2026View builder terms

Community activity

  1. New incentiveUp to $9,000 Toward Closing Costs¹(in addition to discount points paid to lower the rate) and Promotional FHA FIXED rate of 3.99% (4.775% APR) or Promotional FHA 5/1 ARM rate of 3.375% (6.530% APR)

    Lennar incentive

  2. Price reduced$293,999 → $288,999

    Lot 29108890224 · Layton

    Lot 29108890224 · Layton

    Watermill Collection · Lennar

    Available · Balch Springs

    $288,999

    Current asking

    3 bd2 ba1,860 sqft
    View home
  3. New home listed$293,999

    Lot 29108890224 · Layton

    Lot 29108890224 · Layton

    Watermill Collection · Lennar

    Available · Balch Springs

    $288,999

    Current asking

    3 bd2 ba1,860 sqft
    View home

All homes · 1

Builder image

Price reduced
$288,999was $294k
$5k1.7%since first seen

122 Little FoxHOLD

Watermill Collection · Lennar

Lot 29108890224 · Layton · Balch Springs, TX

Beds
3
Baths
2
Square feet
1,860
Price per square foot
$155/sqft
  • Price reduced $5k
  • $5k published incentive
  • 1 community price cut in 30 days

Source: LennarLast checked 28 min ago