Water-lubricated material is the fundamental ingredient of a water-lubricated bearing (WLB), of which the friction and wear properties directly affect the working performance and service life of a WLB. We designed a micron-scale stripe texture and fabricated a negative microtexture mold by femtosecond laser etching. The microtextures were fabricated onto the surface of Thordon and polyurethane water-lubricated materials by a precision thermoforming machine. Tribological tests showed that the microstripe texture on water-lubricated materials had lower friction and wear properties than that on pristine surface materials. The results demonstrated that the presence of the microstripe texture effectively improved the friction and anti-wear properties of the water-lubricated materials. This study provides a new idea for the design and preparation of water-lubricated materials with good water-lubricating and anti-wear properties.