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IncentiveReady now

$314,990

Price observed on Lennar

1040 High Meadows Lane

  • Bedrooms: 4 bd
  • Bathrooms: 2.5 ba
  • Size: 2,263 sqft

Move-in: Ready now$20k builder incentive

Save it and Dwellmark will email you when the price, availability or incentive changes.

View on Lennar
Watermill Collection by Lennar — photograph published by the builder
Builder image. May be a rendering or another home built to this plan.

Why this home stands out

  • $15/sqft below the community median$139/sqft for this home vs $154/sqft across the community
  • $20k builder incentive
  • 1 price cut in this community in the last 30 days
  • Ready nowThe builder lists it as move-in ready

Observed records, not appraisals or recommendations.

Price history

Asking prices as observed on Lennar’s site, dated by observation.

Dwellmark first observed this home at $314,990 on . Lennar still publishes it at $314,990, with no price change recorded since.

  1. First tracked
    $314,990
Tracked since · 14 daysNo net change

Each row is an asking price Dwellmark observed on Lennar’s site on that date. History begins when Dwellmark first observed this home; the first price shown may not be the builder’s original list price, and a price cut is the difference between two observed asking prices.

Builder incentive

Published by the builder. Terms and eligibility are under Details.

Builder incentive

$20,000 price reduction

Price reduction

  • Applies to: Applies to this home
Published by builderConditions apply
Details

Price reduction. Found on the builder’s public site without full terms. Conditions apply, and the offer may not reach this home. Seen on builder site Sep 7, 2026.

Reduced from $334,990 to $314,990.

View the builder’s terms
Incentive history · 8
  1. Offer withdrawn

    No figure published

    Promotional FHA 5/1 ARM rate of 3.375% (6.804% APR) and Receive up to $10,000 toward closing costs²(In addition to discount points paid to lower the rate) or Up to a $20,000 Price Reduction or Move-In Ready Appliance Package⁴ (includes refrigerator, washer/dryer, garage opener and blinds) · Closing costs · builder-wide

    Builder’s page
  2. Offer appeared

    No figure published

    Promotional FHA 5/1 ARM rate of 3.375% (6.835% APR) and Receive up to $6,000 toward closing costs²(In addition to discount points paid to lower the rate) or Up to a $20,000 Price Reduction or Move-In Ready Appliance Package⁴ (includes refrigerator, washer/dryer, garage opener and blinds) · Closing costs · builder-wide

    Builder’s page
  3. Offer withdrawn

    No figure published

    Promotional FHA 5/1 ARM rate of 3.375% (6.804% APR) and Receive up to $10,000 toward closing costs² In addition to discount points paid to lower the rate or Move-In Ready appliance package includes refrigerator, washer/dryer, garage opener and Blinds · Closing costs · builder-wide

    Builder’s page
  4. Offer appeared

    No figure published

    Promotional FHA 5/1 ARM rate of 3.375% (6.804% APR) and Receive up to $10,000 toward closing costs²(In addition to discount points paid to lower the rate) or Up to a $20,000 Price Reduction or Move-In Ready Appliance Package⁴ (includes refrigerator, washer/dryer, garage opener and blinds) · Closing costs · builder-wide

    Builder’s page
  5. Offer withdrawn

    No figure published

    Promotional FHA 5/1 ARM rate of 3.375% (6.766% APR) and Receive up to $10,000 toward closing costs² In addition to discount points paid to lower the rate or Move-In Ready appliance package includes refrigerator, washer/dryer, garage opener and Blinds · Closing costs · builder-wide

    Builder’s page
  6. Offer appeared

    No figure published

    Promotional FHA 5/1 ARM rate of 3.375% (6.804% APR) and Receive up to $10,000 toward closing costs² In addition to discount points paid to lower the rate or Move-In Ready appliance package includes refrigerator, washer/dryer, garage opener and Blinds · Closing costs · builder-wide

    Builder’s page
  7. Offer appeared

    $20,000

    Price reduction · Price reduction · this home

    Builder’s page
  8. Offer appeared

    No figure published

    Promotional FHA 5/1 ARM rate of 3.375% (6.766% APR) and Receive up to $10,000 toward closing costs² In addition to discount points paid to lower the rate or Move-In Ready appliance package includes refrigerator, washer/dryer, garage opener and Blinds · Closing costs · builder-wide

    Builder’s page

Dated from when Dwellmark observed each change.

About this home

The Sherman plan and specifications
Total floor area · 2,263 sqft20 ft

Specification

Plan
Sherman
Total area
2,263 sqft
Bedrooms
4
Bathrooms
2.5
Storeys
Garage

Drawn by dwellmark.house from Lennar’s published area, storeys and garage bays, not copied from their floor plan. The outline and the 10ft × 20ft bay are ours.

See the plan on Lennar

Watermill Collection

Katy, TX · Lennar

View community
Available now
7
Ready now
5
Price cuts, 30 days
1
Median asking
$285,990$154/sqft · this home $139/sqft

Other homes in Watermill Collection

Sorted by asking price. No winner is selected.

  1. 1021 High Meadows Lane

    • Bedrooms: 3 bd
    • Bathrooms: 2 ba
    • Size: 1,538 sqft
    • Move-in: Ready now

    $269,990

  2. 1033 High Meadows Lane

    • Bedrooms: 4 bd
    • Bathrooms: 2 ba
    • Size: 1,776 sqft
    • Move-in: Ready now

    $273,991

  3. 1037 High Meadows Lane

    • Bedrooms: 4 bd
    • Bathrooms: 2 ba
    • Size: 1,736 sqft
    • Move-in: Ready now

    $281,990

  4. 1049 High Meadows Lane

    • Bedrooms: 4 bd
    • Bathrooms: 2 ba
    • Size: 1,776 sqft
    • Move-in: Ready now

    $285,990

  5. 1028 High Meadows Lane

    • Bedrooms: 4 bd
    • Bathrooms: 2.5 ba
    • Size: 1,984 sqft
    • Move-in: Under construction

    $301,990

All 7 homes in Watermill Collection
Recent activity in Watermill Collection
  1. Price cut$315,990 → $305,991

    Lot 22710891560 · Sherman

    This home — photograph published by the builder

    Lot 22710891560 · Sherman

    • Community: Watermill Collection
    • Builder: Lennar
    • City: Katy
    • Status: Available

    $305,991

    Current asking

    • Bedrooms: 4 bd
    • Bathrooms: 2.5 ba
    • Size: 2,263 sqft
    View home
  2. First seen on builder site$314,990

    Lot 22710891568 · Sherman

    This home — photograph published by the builder

    Lot 22710891568 · Sherman

    • Community: Watermill Collection
    • Builder: Lennar
    • City: Katy
    • Status: Available

    $314,990

    Current asking

    • Bedrooms: 4 bd
    • Bathrooms: 2.5 ba
    • Size: 2,263 sqft
    View home
  3. First seen on builder site$315,990

    Lot 22710891560 · Sherman

    This home — photograph published by the builder

    Lot 22710891560 · Sherman

    • Community: Watermill Collection
    • Builder: Lennar
    • City: Katy
    • Status: Available

    $305,991

    Current asking

    • Bedrooms: 4 bd
    • Bathrooms: 2.5 ba
    • Size: 2,263 sqft
    View home
  4. First seen on builder site$301,990

    Lot 22710891565 · Littleton

    This home — photograph published by the builder

    Lot 22710891565 · Littleton

    • Community: Watermill Collection
    • Builder: Lennar
    • City: Katy
    • Status: Available

    $301,990

    Current asking

    • Bedrooms: 4 bd
    • Bathrooms: 2.5 ba
    • Size: 1,984 sqft
    View home
  5. First seen on builder site$269,990

    Lot 22710891322 · Newlin

    This home — photograph published by the builder

    Lot 22710891322 · Newlin

    • Community: Watermill Collection
    • Builder: Lennar
    • City: Katy
    • Status: Available

    $269,990

    Current asking

    • Bedrooms: 3 bd
    • Bathrooms: 2 ba
    • Size: 1,538 sqft
    View home

Source and tracking

Source
Lennar
Builder page last read

Dwellmark reads Lennar’s public site and records what it publishes, with the date of each observation. It receives no feed from the builder and is not paid by them. The builder’s page is authoritative for price, availability and offer terms. How tracking works