Skip to content
dwellmark
IncentiveNewly tracked

$238,999

Price observed on Lennar

347 Navidad River Drive

  • Bedrooms: 4 bd
  • Bathrooms: 2 ba
  • Size: 1,859 sqft

Move-in: Under construction$20k builder incentive

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

Sign in with Google to save. No password, no profile.

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

  • $20k builder incentivePublished by the builder, with terms
  • 1 price cut in this community in the last 30 days
  • 12 homes available in this community6 ready now
  • First tracked today

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 $238,999 on . Lennar still publishes it at $238,999, with no price change recorded since.

  1. First tracked
    $238,999
Tracked since · 0 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 incentives

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

Builder incentive

Promotional FHA 5/1 ARM Rate of 3.50% (6.708% APR) and Up to $20,000 in price reductions

Limited-Time Deals on Top Inventory

  • Offer ends: Expires Sep 13
  • Applies to: Applies across all Lennar communities
Published by builder
Details

Rate buydown. Found on the builder’s public site with its terms. Seen on builder site Sep 9, 2026. Rate offers depend on the builder’s lender, loan program and your qualification; nothing here says you would qualify.

¹ This 5/1 Adjustable-rate mortgage remains fixed at 3.50% (6.708% APR) for the FIRST FIVE years of your loan. 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 Austin/Central, TX area between 09/08/26 and 09/13/26 and close by 10/23/26. Interest rate offer requires financing through Lennar Mortgage, LLC. ¹,²Offer available on select new homes in the greater Austin/Central, TX area if buyer signs and delivers a purchase agreement between 09/08/26 and 09/13/26 and closes and fully funds on or before 10/23/26. 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. ¹Information is based on a home price of $260,999. 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. 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 ²Up to $20,000 Price Reduction is valid towards the total purchase price. Not all homesites and communities will qualify for a price reduction. See a New Home Consultant for additional information. 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. TEXAS RESIDENTS: CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A MORTGAGE BANKER OR RESIDENTIAL MORTGAGE LOAN ORIGINATOR LICENSED IN TEXAS SHOULD SEND A COMPLETED COMPLAINT FORM TO THE DEPARTMENT OF SAVINGS AND MORTGAGE LENDING (SML): 2601 N. LAMAR BLVD., SUITE 201, AUSTIN, TEXAS 78705; TEL: 1-877-276-5550. INFORMATION AND FORMS ARE AVAILABLE ON SML'S WEBSITE: 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 09/26

View the builder’s terms

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 9, 2026.

Reduced from $258,999 to $238,999.

View the builder’s terms
Incentive history · 20
  1. Offer appeared

    $20,000

    Price reduction · Price reduction · this home

    Builder’s page
  2. Offer appeared

    No figure published

    Promotional FHA 5/1 ARM Rate of 3.50% (6.708% APR) and Up to $20,000 in price reductions · Rate buydown · builder-wide

    Builder’s page
  3. Offer withdrawn

    No figure published

    Promotional FHA FIXED rate of 3.99% (5.065% APR) and Up to $20,000 in price reductions · Rate buydown · builder-wide

    Builder’s page
  4. Offer withdrawn

    No figure published

    Promotional FHA FIXED rate of 3.99% (4.775% APR) and Up to $20,000 in price reductions or Up to $6,000 in closing costs · Closing costs · builder-wide

    Builder’s page
  5. Offer appeared

    No figure published

    Promotional FHA FIXED rate of 3.99% (5.065% APR) and Up to $20,000 in price reductions · Rate buydown · builder-wide

    Builder’s page
  6. Offer appeared

    No figure published

    Promotional FHA FIXED rate of 3.99% (4.775% APR) and Up to $20,000 in price reductions or Up to $6,000 in closing costs · Closing costs · builder-wide

    Builder’s page
  7. Offer withdrawn

    No figure published

    Promotional FHA FIXED rate of 3.99% (4.775% APR) and Up to $20,000 in price reductions or Up to $6,000 in closing costs³ (in addition to discount points paid to lower the rate) · Closing costs · builder-wide

    Builder’s page
  8. Offer withdrawn

    No figure published

    Promotional FHA FIXED rate of 3.99% (4.775% APR) and Up to $20,000 in price reductions · Rate buydown · builder-wide

    Builder’s page
  9. Offer appeared

    No figure published

    Promotional FHA FIXED rate of 3.99% (4.775% APR) and Up to $20,000 in price reductions or Up to $6,000 in closing costs³ (in addition to discount points paid to lower the rate) · Closing costs · builder-wide

    Builder’s page
  10. Offer withdrawn

    No figure published

    Promotional FHA FIXED rate of 3.99% (5.053% APR) and Up to $20,000 in price reductions · Rate buydown · builder-wide

    Builder’s page
  11. Offer appeared

    No figure published

    Promotional FHA FIXED rate of 3.99% (4.775% APR) and Up to $20,000 in price reductions · Rate buydown · builder-wide

    Builder’s page
  12. Offer withdrawn

    No figure published

    Promotional FHA FIXED rate of 3.99% (4.811% APR) and Up to $20,000 in price reductions · Rate buydown · builder-wide

    Builder’s page
  13. Offer appeared

    No figure published

    Promotional FHA FIXED rate of 3.99% (5.053% APR) and Up to $20,000 in price reductions · Rate buydown · builder-wide

    Builder’s page
  14. Offer appeared

    No figure published

    Promotional FHA FIXED rate of 3.99% (4.811% APR) and Up to $20,000 in price reductions · Rate buydown · builder-wide

    Builder’s page
  15. Offer withdrawn

    No figure published

    Promotional FHA FIXED rate of 3.99% (4.811% APR) and Up to $20,000 in price reductions or Up to $6,000 in closing costs³ (in addition to discount points paid to lower the rate) · Closing costs · builder-wide

    Builder’s page
  16. Offer withdrawn

    No figure published

    Promotional FHA FIXED rate of 3.99% (4.811% APR) and Up to $20,000 in price reductions · Rate buydown · builder-wide

    Builder’s page
  17. Offer appeared

    No figure published

    Promotional FHA FIXED rate of 3.99% (4.811% APR) and Up to $20,000 in price reductions or Up to $6,000 in closing costs³ (in addition to discount points paid to lower the rate) · Closing costs · builder-wide

    Builder’s page
  18. Offer appeared

    No figure published

    Promotional FHA FIXED rate of 3.99% (4.811% APR) and Up to $20,000 in price reductions · Rate buydown · builder-wide

    Builder’s page
  19. Offer withdrawn

    No figure published

    Promotional FHA FIXED rate of 3.99% (4.791% APR) and Up to $20,000 in price reductions · Rate buydown · builder-wide

    Builder’s page
  20. Offer appeared

    No figure published

    Promotional FHA FIXED rate of 3.99% (4.791% APR) and Up to $20,000 in price reductions · Rate buydown · builder-wide

    Builder’s page

Dated from when Dwellmark observed each change.

About this home

The Dowing plan and specifications
Total floor area · 1,859 sqft20 ft

Specification

Plan
Dowing
Total area
1,859 sqft
Bedrooms
4
Bathrooms
2
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

San Marcos, TX · Lennar

View community
Available now
12of 19 offered here
Ready now
6
Price cuts, 30 days
1
Median asking
$238,999$129/sqft · this home $129/sqft

Other homes in Watermill Collection

Sorted by asking price. No winner is selected.

  1. 328 Trinity River Hollow

    • Bedrooms: 3 bd
    • Bathrooms: 2 ba
    • Size: 1,484 sqft
    • Move-in: Under construction

    $215,999

  2. 1616 Iron Truss Road

    • Bedrooms: 3 bd
    • Bathrooms: 2 ba
    • Size: 1,484 sqft
    • Move-in: Ready now

    $217,999

  3. 341 Navidad River Drive

    • Bedrooms: 4 bd
    • Bathrooms: 2 ba
    • Size: 1,676 sqft
    • Move-in: Under construction

    $225,999

  4. 1709 Iron Truss Road

    • Bedrooms: 4 bd
    • Bathrooms: 2 ba
    • Size: 1,676 sqft
    • Move-in: Ready now

    $226,999

  5. 1620 Iron Truss Road

    • Bedrooms: 4 bd
    • Bathrooms: 2 ba
    • Size: 1,676 sqft
    • Move-in: Ready now

    $229,999

All 7 homes in Watermill Collection
Recent activity in Watermill Collection
  1. New incentivePromotional FHA 5/1 ARM Rate of 3.50% (6.708% APR) and Up to $20,000 in price reductions

    Lennar incentive

  2. First seen on builder site$238,999

    Lot 14886521G20 · Dowing

    This home — photograph published by the builder

    Lot 14886521G20 · Dowing

    • Community: Watermill Collection
    • Builder: Lennar
    • City: San Marcos
    • Status: Available

    $238,999

    Current asking

    • Bedrooms: 4 bd
    • Bathrooms: 2 ba
    • Size: 1,859 sqft
    View home
  3. First seen on builder site$229,999

    Lot 14886521H02 · Ramsey

    This home — photograph published by the builder

    Lot 14886521H02 · Ramsey

    • Community: Watermill Collection
    • Builder: Lennar
    • City: San Marcos
    • Status: Available

    $229,999

    Current asking

    • Bedrooms: 4 bd
    • Bathrooms: 2 ba
    • Size: 1,676 sqft
    View home
  4. Removed from builder site

    Lot 14886521I17 · Dowing

    This home — photograph published by the builder

    Lot 14886521I17 · Dowing

    • Community: Watermill Collection
    • Builder: Lennar
    • City: San Marcos
    • Status: Available

    $238,999

    Last observed

    • Bedrooms: 4 bd
    • Bathrooms: 2 ba
    • Size: 1,859 sqft

    No longer on the builder site

  5. First seen on builder site$238,999

    Lot 14886521G17 · Dowing

    This home — photograph published by the builder

    Lot 14886521G17 · Dowing

    • Community: Watermill Collection
    • Builder: Lennar
    • City: San Marcos
    • Status: Available

    $238,999

    Current asking

    • Bedrooms: 4 bd
    • Bathrooms: 2 ba
    • Size: 1,859 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