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Price cutIncentiveReady now

$277,000

Down $23,999(8.0%)since first tracked

$300,999 when Dwellmark first tracked it

Price observed on Lennar

2721 Johnson Drive

  • Bedrooms: 3 bd
  • Bathrooms: 2 ba
  • Size: 1,860 sqft

Move-in: Ready now$24k 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

  • Price cut $24kDown 8.0% since first tracked
  • $5/sqft below the community median$149/sqft for this home vs $154/sqft across the community
  • $24k builder incentive
  • 6 price cuts in this community in the last 30 days

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 $300,999 on . The price Lennar publishes is now $277,000 down $23,999 (8.0%) since first observed, across 1 recorded change.

  1. First tracked
    $300,999
  2. Price cut
    $277,000 $24k
Tracked since · 16 days↓ $23,999 total

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

$23,999 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 $300,999 to $277,000.

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

    $23,999

    Price reduction · Price reduction · this home

    Builder’s page
  2. Offer withdrawn

    No figure published

    Promotional FHA Fixed Rate of 3.990% (4.779% APR) and Up to $9,000 Toward Closing Costs² (in addition to discount points paid to lower the rate) or Up to a $50,000 Price Reduction or Move-In Ready Appliance Package⁴ (includes refrigerator, blinds, and garage door opener⁵) · Closing costs · builder-wide

    Builder’s page
  3. Offer appeared

    No figure published

    Promotional FHA Fixed Rate of 3.990% (4.775% APR) and Move-In Ready Appliance Package² (includes refrigerator, blinds, and garage door opener³) · Rate buydown · builder-wide

    Builder’s page
  4. Offer appeared

    No figure published

    Promotional FHA Fixed Rate of 3.990% (4.779% APR) and Up to $9,000 Toward Closing Costs² (in addition to discount points paid to lower the rate) or Up to a $50,000 Price Reduction or Move-In Ready Appliance Package⁴ (includes refrigerator, blinds, and garage door opener⁵) · Closing costs · builder-wide

    Builder’s page
  5. Offer withdrawn

    No figure published

    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) · Closing costs · builder-wide

    Builder’s page
  6. Offer appeared

    No figure published

    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) · Closing costs · builder-wide

    Builder’s page
  7. Offer withdrawn

    No figure published

    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% (4.783% APR) or Promotional FHA 5/1 ARM rate of 3.375% (6.596% APR) · Closing costs · builder-wide

    Builder’s page
  8. Offer appeared

    No figure published

    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% (4.783% APR) or Promotional FHA 5/1 ARM rate of 3.375% (6.596% APR) · Closing costs · builder-wide

    Builder’s page

Dated from when Dwellmark observed each change.

About this home

The Layton plan and specifications
Total floor area · 1,860 sqft20 ft

Specification

Plan
Layton
Total area
1,860 sqft
Bedrooms
3
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

Sherman, TX · Lennar

View community
Available now
7of 14 offered here
Ready now
7
Price cuts, 30 days
6
Median asking
$270,999$154/sqft · this home $149/sqft

Other homes in Watermill Collection

Sorted by asking price. No winner is selected.

  1. 402 McNelly Lane

    • Bedrooms: 3 bd
    • Bathrooms: 2 ba
    • Size: 1,302 sqft
    • Move-in: Ready now

    $247,999

  2. 311 McNelly Lane

    • Bedrooms: 3 bd
    • Bathrooms: 2 ba
    • Size: 1,522 sqft
    • Move-in: Ready now

    $254,999

    Down $23k

  3. 2746 Johnson Drive

    • Bedrooms: 4 bd
    • Bathrooms: 2 ba
    • Size: 1,720 sqft
    • Move-in: Ready now

    $269,999

    Down $23k

  4. 2809 Worth Drive

    • Bedrooms: 4 bd
    • Bathrooms: 2 ba
    • Size: 1,760 sqft
    • Move-in: Ready now

    $270,999

  5. 2722 Johnson Drive

    • Bedrooms: 4 bd
    • Bathrooms: 2 ba
    • Size: 1,908 sqft
    • Move-in: Ready now

    $283,999

All 7 homes in Watermill Collection
Recent activity in Watermill Collection
  1. Price cut$277,999 → $254,999

    Lot 15661891A07 · Newlin

    This home — photograph published by the builder

    Lot 15661891A07 · Newlin

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

    $254,999

    Current asking

    • Bedrooms: 3 bd
    • Bathrooms: 2 ba
    • Size: 1,522 sqft
    View home
  2. Price cut$300,999 → $277,000

    Lot 15661891A32 · Layton

    This home — photograph published by the builder

    Lot 15661891A32 · Layton

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

    $277,000

    Current asking

    • Bedrooms: 3 bd
    • Bathrooms: 2 ba
    • Size: 1,860 sqft
    View home
  3. Removed from builder site

    Lot 15661891A30 · Newlin

    This home — photograph published by the builder

    Lot 15661891A30 · Newlin

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

    $276,999

    Last observed

    • Bedrooms: 3 bd
    • Bathrooms: 2 ba
    • Size: 1,522 sqft

    No longer on the builder site

  4. First seen on builder site$277,999

    Lot 15661891A07 · Newlin

    This home — photograph published by the builder

    Lot 15661891A07 · Newlin

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

    $254,999

    Current asking

    • Bedrooms: 3 bd
    • Bathrooms: 2 ba
    • Size: 1,522 sqft
    View home
  5. Removed from builder site

    Lot 15661891A26 · Newlin

    This home — photograph published by the builder

    Lot 15661891A26 · Newlin

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

    $254,999

    Last observed

    • Bedrooms: 3 bd
    • Bathrooms: 2 ba
    • Size: 1,522 sqft

    No longer on the builder site

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