Water Ridge Estates is the area’s newest master-planned community located on Highway 16 and the intersection of FM 2353, with convenient access to Tranquility Cove. Tranquility Cove is Water Ridge Estate's exclusive private gated marina with courtesy boat slips, boat ramp and parking area. Surrounded by Possum Kingdom Lake and rolling country terrain, Water Ridge Estates offers a lakeside living experience along with resort style amenities at affordable pricing.