Lowe's Farm

Key facts from Lowe's Farm's documents

Community type

Covenant / Planned Community

Legal name

Lowe's Farm Homeowners Association, Inc. as of 2020 (Lowe's Farm Homeowners Association, Inc.)

Units / lots

269 lots as of 2002 (Final Plat, Sheet 1 of 2)

Developer / declarant

Lowe's Farm Partners No. 1, Ltd., a Texas limited partnership as of 2002 (Declaration, signature page)

Governing law

Texas Property Code Section 209.004 as of 2020 (As Required by Section 209.004, Texas Pr)

Assessments & dues

$480 per Lot for the first calendar year (prorated from formation to December 31) as of 2002 (Declaration, Section 3.7(a))

Special assessments

Board may levy a special assessment applicable to that year only to defray costs of nonrecurring maintenance or capital improvements; proceeds must be used only for the purpose stated as of 2002 (Declaration, Section 3.8)

Reserves & fees

Association has authority to impose late fees for unpaid assessments as of 2002 (Declaration, Section 3.9)

Pets

Yes, common household pets allowed as of 2002 (Declaration, Section 4.9)

Parking & vehicles

No parking on any Lot except in a paved driveway or garage; no parking on any easement; no parking on Common Maintenance Areas except in designated paved areas while using the area for its intended purpose as of 2002 (Declaration, Section 4.16)

Fences

No hedge in excess of 3 feet; no fence or wall nearer to the front Lot line than the front setback; side/rear fences require ACC approval before installation; fences must be erected with structural supports not visible from any street right as of 2002 (Declaration, Section 4.10(a))

Architectural approval

No landscaping, improvement, building, fence, wall, or other structure may be commenced, erected, placed, maintained, or altered on any Lot, nor any exterior painting or alteration, without prior written approval of the ACC as of 2002 (Declaration, Section 5.2(a))

Signs & flags

No signs visible from public view except: (a) one For Sale sign not exceeding 2'x3', fastened to a stake, max 3 feet above ground; (b) Declarant's or builders' signs during original construction/sales; (c) political signs may be erected up as of 2002 (Declaration, Section 4.14)

Setbacks / home size

No building located nearer to the front line or street side line than the building setback line shown on the Plat, unless approved by the City and ACC; eaves, steps, and unroofed terraces not considered part of the building as of 2002 (Declaration, Section 4.4)

Insurance

Board shall obtain insurance on all insurable improvements in Common Maintenance Areas covering fire and other hazards, extended coverage, vandalism, malicious mischief, in an amount sufficient to cover full replacement cost; public liabili as of 2002 (Declaration, Section 7.1)

Use restrictions

Lots are restricted to single-family residential purposes; no trade, business, or professional purposes of any kind as of 2002 (Declaration, Section 4.1)

Voting & meetings

Class A Members (all Owners except Declarant) have one vote per Lot owned; if multiple owners of a Lot, they must agree on how to cast the single vote; no more than one vote per Lot as of 2002 (Declaration, Section 3.3(a))

Amendments

Before Conversion Date: Declarant may amend by written instrument; after Conversion Date: Owners constituting at least 75% of outstanding votes must sign; amendment must be recorded in Tarrant County land records as of 2002 (Declaration, Section 8.2)

Extracted from the recorded governing documents and cited to them; may be incomplete and is not legal advice — verify against the official documents below.