Ground subsidence caused by underground coalmining result in the formation of ponding water on the ground surface. Monitoring the surface water level is crucial for studying the hydrologic cycle in mining areas. In this paper, we propose a combined technique using Global Navigation Satellite System Real-Time Kinematic (GNSS RTK) and GNSS Interferometric Reflectometry (GNSS-IR) to estimate the surface water level in areas of ground subsidence caused by underground coal mining. GNSS RTK is used to measure the geodetic height of the GNSS antenna, which is then converted into the normal height using the local height anomaly model. GNSS-IR is employed to estimate the height from the water surface to the GNSS antenna (or, the reflector height). To enhance the accuracy of the reflector height estimation, a weighted average model has been developed. This model is based on the coefficient of determination of the signal fitted by the Lomb-Scargle spectrogram and can be utilized to combine the reflector height estimations derived from multiple GNSS system and band reflection signals. By subtracting the GNSS-IR reflector height from the GNSS RTK-based normal height, the proposed method-based surface water level estimation can be obtained. In an experimental campaign, a low-cost GNSS receiver was utilized for the collection of dual-frequency observations over a period of 60 days. The collected GNSS observations were used to test the method presented in this paper. The experimental campaign demonstrates a good agreement between the surface water level estimations derived from the method presented in this paper and the reference observations.