North Lake Estates Homeowners' Association, Inc.
Homeowners association — you own your lot and home; the association maintains common areas and enforces covenants.
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What North Lake Estates Homeowners' Association, Inc.'s governing documents say
North Lake Estates is a single-family-home HOA in Little Elm, TX. This document is an amendment to the community's master declaration, not a complete rulebook. It updates fee structures for lot acquisitions and assessments and adds definitions for new entities involved in a landbanking transaction.
- Acquisition assessment: A $350 assessment is paid to the association at closing by any new owner (excluding Declarant, Builder, or Development Owner) when a lot is acquired.
- Annual & special assessments: Assessments are uniform for all lots, but lots owned by a Builder or Development Owner are charged only 70% of the regular rate until the lot is sold to a consumer.
- Reserve fund contribution: A $350 contribution to the reserve fund is collected at closing from any owner other than Declarant, Successor Declarant, Declarant-affiliate, or Development Owner. This applies to sales from Builder to Owner or Owner to Owner, but not from Builder to Development Owner or vice versa.
- Resale/transfer fees: Resale and transfer fees charged by the managing agent must not be waived or withheld without the agent's written approval.
- New definitions added: The amendment adds definitions for 'Development Owner' (Millrose Properties Texas, LLC and affiliates) and 'Landbanking Transaction' (where Lennar conveys title to Development Owner with a contract to repurchase over time).
- What this document doesn't cover: This is a partial amendment; it does not contain rules on pets, leasing, architectural standards, parking, or other common HOA restrictions. Those would be in the original Declaration of Covenants, Conditions and Restrictions.
Key facts from North Lake Estates Homeowners' Association, Inc.'s documents
- Community type
- homeowners association (Recital B: Declaration of Covenants, Con)
- Developer / declarant
- CADG PROPERTY HOLDINGS III, LLC, a Texas limited liability company (First paragraph under 'AMENDMENT TO DECL)
- Amendments
- Section 7.1 of Declaration allows amendment within ten years from recording by Declarant without consent or joinder of any party or need to call a meeting of the Association (Recital D: Pursuant to Section 7.1 of th)
About this HOA
North Lake Estates Homeowners' Association, Inc. is a homeowners association in Little Elm, TX.
HOAproxy has 1 document on file for North Lake Estates Homeowners' Association, Inc.: 1 CC&R. Last updated 2026-06-03.