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Waterstone Katy TX is an affordable, newer community located on the Northeast side of Katy, near Grand Parkway (99) and Morton Rd. It offers modern design, good value, and a convenient location—perfect if you want a neighborhood that feels fresh but still connected. Beware, however, that this neighborhood is zoned to lower-rated schools.
Waterstone is located in Harris County and was primarily built between 2010 to 2016. The “typical” home in Waterstone is around 2413.5 sq ft with 4 bedrooms, 2 full baths, a 2-car garage, and on a 6,475 sf lot. About 50% of the homes are one-story, and roughly 11% have private pools.
The lifestyle here is structured for everyday enjoyment. Waterstone features a community pool with splash pad, a clubhouse (with playground) ideal for gatherings, walking trails, and scenic lakes and greenbelts throughout the subdivision.
You’ll enjoy living here if you want an affordable, newer-home neighborhood with modern construction, access to nature and amenities, and a location that gives you both convenience and a little breathing room in the Katy area.
Contact me when you’re ready to join my VIP Buyer program and tour this neighborhood!
Market Trends & Home Values
Homes in Waterstone Katy TX typically sell from $275,000 to $485,000, with a current Median Sales Price = $332,500 which is a 2% Decrease from last year.
This year about 20 homes were sold, which is a 39% Decrease from last year. Right now we have 4.2 Months of Inventory, and the Median Cumulative Days on Market is 30 days, which is 20% Faster than last year.
For detailed neighborhood market statistics, download my Katy Real Estate Market Report.
Schools & Ratings
Waterstone Katy TX is zoned to the Katy ISD school district. While school zones may change from year to year (based on student population) this neighborhood is currently zoned to the following schools (with school ratings in parentheses).
Elementary Schools
Morton Ranch Elementary School (6)
Middle Schools
Mcdonald Junior High School (5)
High Schools
Morton Ranch High School (4)
For up-to-data school ratings, zone maps, and more, download my Katy Schools Report which provides helpful lists of schools sorted by rating, type, and area. It also has links to all the schools so that you can access more school information very quickly.
Pros and Cons
Here is a list of the PROs and CONs of Waterstone Katy TX:
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PROs
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CONs
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Location & Map
Waterstone Katy TX is located on the Northeast side of Katy TX, near Grand Parkway (99) and Morton Rd.
Here’s a map of the neighborhood within Katy TX.
Commute & Access
Commuting in the Houston Metroplex can be challenging, and tends to be one of the top criteria when deciding on where to live. The best way to estimate your commute time is to use Google Maps at the time you commute. Simply enter your work address and the address of the house you are interested in, and Google Maps will estimate your commute time. This time is based on the actual time you perform the search, so use it during your expected commute times.
Click here to estimate your estimated commute time from this neighborhood
Amenities & Lifestyle
Waterstone Katy TX has a community pool with splash pad, a clubhouse/park ideal for gatherings, walking trails, and scenic lakes and greenbelts throughout the subdivision.
Here’s a summary of the amenities:
- Club House with Fitness Center = No
- Swimming Pools = Yes
- Waterpark = No
- Splash Pads = Yes
- Tennis Courts = No
- Parks/playgrounds = Yes
- Walking Trails = Yes
- Lake(s) = Yes (small)
- Golf Course = No
- Dog Park = No
Risks & Due Diligence
Waterstone Katy TX is a “master planned community” and has a Home Owner’s Association. The annual maintenance fees pay for the neighborhood amenities and upkeep and can change from year to year. Go to the neighborhood website for helpful phone numbers, community documents, annual maintenance fees, and utility information. (Or get your Realtor to locate that information for you.)
You should know that neighborhoods tend to change their HOA management company from year-to-year, so check the neighborhood website to find the current HOA management company.
Property taxes in this neighborhood vary from subdivision to subdivision. Usually, when you view a home online, its current property tax rate will be listed. You can read more about Katy TX Property Taxes here.
You will want a Realtor to help you practice Due Diligence in this neighborhood regarding high-voltage powerlines, drainage issues, lots backing to busy streets, flood zone issues, MUD tanks/treatment centers, etc. This neighborhood is located mostly in Flood Zone X (which is not in a special flood hazard area).
For more information (and maps) about flood risks and flood insurance in Katy, download my Katy Flood Report.
Current List of Homes for Sale
The following is a current list of Waterstone Katy TX homes for sale.
If you don’t see a list of homes, that means there are no Active homes on the market. 🙁
View Nearby Neighborhoods
Get information on all Katy Neighborhoods here.
Jasmine Heights Katy TX
Lakes of Bridgewater Katy TX
Raintree Village Katy TX
Silvermill Katy TX
Waterstone Katy TX
Westfield Katy TX
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Sheila is the author of KatyHomesForSaleTX.com – so you know that she knows the area! Winner of Five Star award every year since 2010.
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