Description

Single family lot in gated subdivision

assessments
o hoa dues (normal hoa functions and maintenance)
$875 annually (due january 1st)
o road and replacement costs (set per reserve report recommendation)
$335 annually (due january 1st)
these are set on a funding schedule to repair and replace roads and common area
amenities in the future

o home or lot landscape maintenance (bulk price)
vacant lot maintenance $56-$75 per quarter (billed quarterly)
finished home landscape maintenance $250 per quarter (billed quarterly)
great deal!! hoa has bulk maintenance contracts to reduce costs trauic
? includes front and rear yards, contact landscaper for separately billed repairs, tree
trimming, or replacements

o hoa contribution
? charge at closing to non builder buyer $500

? amenities included:
o security gates

? will remain open during construction and closed after. gates will open automatically 7am-
7pm thereafter.

o amenity center with pool and facility
o walking trails
o playground
o pickleball courts

completion requirements (phase 1)
o home required to be completed within 2 years after owner acquires title to the lot
o must commence construction within 1 year after plan approved by acc
o must complete construction of home within 18 months after commencement of construction
o initial penalty $2,000 and increase $1,000 year afterwards

• Property Type

  Land

• Subdivision

  Aspen Mdws Ph 1

• County

  Denton

• Style

  Land

• AD ID

  48996919