Waterview — the master-planned lakefront neighborhood within Rowlett — recorded 4 closed sales in February 2026 and a headline median price of $411,000, down a dramatic-looking 41.0% year over year. That figure is entirely a small-sample artifact; the 97.8% close-to-list ratio tells the real story — the highest reading in this month's entire report. Homes averaged just 30 days on market, down 17 days from last February, and active listings fell 30.4% to 16. The neighborhood's supply-demand balance tightened substantially year over year. This report covers Waterview housing market conditions for February 2026 based on NTREIS MLS data.