Watermere at Southlake
You own a unit plus a share of the common elements; the association maintains the building and grounds.
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What Watermere at Southlake's governing documents say
Watermere at Southlake is an age-restricted (55+) condominium community in Southlake, TX. You own your unit (Villa or Tower) and share ownership of common elements, including a clubhouse. The association maintains the exterior and common areas, carries master insurance for the structure, and manages a club with optional membership.
- Age restriction (55+): The community is designated as housing for older persons. At least one occupant per unit must meet the age qualification requirements set by the declaration (typically 55 or older).
- What you own & maintain: Your unit includes the interior surfaces of walls, ceilings, floors, and the exterior surfaces of windows and doors. You own and are responsible for improvements and contents inside your unit. The association maintains common elements (including exterior walls, structure, and common areas).
- Insurance & damage: The association carries property insurance on common elements (including units' structural components) and liability insurance. You must insure your unit's betterments, improvements, and personal property, and carry personal liability coverage (minimum $500,000). In case of damage, the association handles repair and reconstruction; if the deductible applies, you may pay it if you caused the damage.
- Club membership (optional): The community includes a club (Watermere at Southlake Club) with clubhouse facilities, dining, pool, etc. Membership is separate from unit ownership and requires a club membership agreement and monthly service fee. Membership terms, fees, and rules are set by the club operator.
- Assessments & fees: Each owner pays an annual assessment divided into monthly payments: a condominium fee (for common expenses) and a services fee (for club services). Special assessments may be levied for unanticipated expenses. Assessments are a lien on the unit.
Key facts from Watermere at Southlake's documents
- Legal name
- Watermere at Southlake Condominium Association, Inc. (Section 1.06)
- Units / lots
- 148 separate Units (Article II, Section 2.01: 'divided into )
- Governing law
- Texas Uniform Condominium Act (Chapter 82 of the Texas Property Code) (Recitals; Condominium Act defined in Sec)
- Age restriction
- Community intended for housing persons 55 years of age or older; no Unit shall be permanently occupied except by a Qualifying Resident (55+) and spouse, and/or a Dependent Relative (35+) if no more than 5 such units at any time; surviving o (Article III, Section 3.02(b)(i))
- Special assessments
- Assessments levied against Owners to cover unanticipated expenses or expenses in excess of budget (Section 5.03(b)); also for repair/reconstruction when insurance proceeds insufficient (Section 7.04) (Sections 1.50, 7.04)
- Insurance
- Board may set commercially reasonable deductibles; if cost to repair single Unit covered by Association insurance is less than deductible, Owner responsible for deductible if Owner responsible for repair under Section 12.02; otherwise Assoc (Section 6.02 (as amended 2025))
- Voting & meetings
- Not explicitly stated in provided text; but amendment requires 'affirmative vote or written consent of Owners representing at least 67% of the total votes in the Association', implying one vote per Unit or per percentage interest (Section 14.06(c) (recited in Amendment R)
- Amendments
- Declaration may be amended by affirmative vote or written consent of Owners representing at least 67% of total votes; meeting must provide specific amendment to Owners between 20th and 10th day preceding meeting (Section 14.06(c) (recited in Amendment R)
About this HOA
Watermere at Southlake is a homeowners association in Southlake, TX.
HOAproxy has 2 documents on file for Watermere at Southlake: 2 uncategorized documents. Last updated 2026-04-03.
Governing documents
- Amendment To The First Amended Restated Declaraion Watermere (7 pages) — PDF
- DCCRs 1st Amd Restated 06 06 2022 Filed (193 pages) — PDF