The Windermere Oaks Water Supply Corp (WOWSC) Board of Directors is pushing a deal that would hand over our community’s water system—and 40 acres of valuable land—to a company backed by private equity.
This is a dangerous gamble with your home’s value and the rural feeling of this entire region.
We all bought into Windermere Oaks because it offered the rare gift of country living—quiet roads, open skies, and a rural character that set it apart from the sprawl.
In the Board’s current deal Central States Water Resources, there is nothing preventing them from clearing all that land and erecting a regional water plant into the heart of that landscape.
That would shatter the very reason people chose to live here, replacing pastoral views with industrial infrastructure and eroding both the sense of place and property values. There is nothing in the current deal preventing CSWR from doing so. They want to make money, pure and simple, and they are establishing a foothold to do so.
What’s at Stake
- 40 Acres of Land: The property east of Exeter as we drive in to our homes is stretch that makes Windermere feel like we are living out in the country. If sold, it could be replaced by a monstrous regional water and wastewater facility, an eyesore for residents every time we drive into our neighborhood, with cyclone fences and razor wire.
- Loss of Local Control: Selling to a private equity-backed company means decisions about our water supply will be made by investors whose primary concern is profit—not the well-being of our community.
- Unrestricted Water Sales: Nothing would prevent this company from selling water to industrial users like bitcoin mining operations or data centers. There is significant land available west of the airport and donkey farm that is for sale, all without restrictions. Imagine massive facilities west of the airport and donkey farm, consuming huge amounts of water and generating relentless noise. Please investigate what communities in Granbury and Rockwall are experiencing with data centers and bitcoin miners — noise and water consumption.
Private Equity: Locusts on Communities
Private equity firms have been criticized across the country for behaving like locusts—descending on communities, extracting value, and leaving behind long-term damage. They are not accountable to residents, only to their investors. When profit margins tighten, community needs are the first to be sacrificed.
- They prioritize short-term gains over long-term interests of neighbors.
- They often raise rates while cutting corners on service.
- They treat essential resources like water as just another commodity.
Do we really want our water—our most vital resource—controlled by outsiders with no stake in our community’s future?
A Better Path Forward
Instead of selling this land to private equity, the Board of Directors should sell it to the Property Owners Association (POA). That way, control of the land remains in the hands of the community, preserving the rural character of Windermere Oaks and ensuring that decisions about its use reflect the values of the people who actually live here. The POA could lease the land at reasonable price to Central States Water Resources.
Voting NO Now Just means a Pause
Let’s talk about this major issue as a community. There’s no reason we can’t come up with a solution to protect Windermere Oaks.
Call to Action
WOWSC members: Vote NO on the proposed sale. Protect our land, our water, and our community from the potention outcome consumed by private equity interests. Once we lose control, we will never get it back.