Preston Creek

What Preston Creek's governing documents say

Preston Creek is a single-family home subdivision in Plano, TX governed by a homeowners association (HOA). The HOA is responsible for maintaining common landscaped areas and enforcing rules that apply to all lot owners. As a homeowner, you must pay annual assessments and comply with architectural, use, and maintenance restrictions.

• Assessments & fees: Annual assessments began at $300 per lot in 1999, payable in one installment by January 31 each year. The HOA can levy special assessments for capital improvements or individual assessments for damage caused by an owner. Assessments are a contractual lien on the lot and a personal obligation of the owner, with enforcement including foreclosure.
• Use restrictions: Lots are for single-family residential use only. Prohibited uses include raising livestock, bulk storage of flammable liquids (over 10 gallons in an approved container), dumping rubbish, and temporary dwellings like trailers or mobile homes. No overnight parking of large trucks (1 ton or larger) except during construction, and no inoperable or hazardous vehicles.
• Architectural review: All exterior structures, fences, or walls require written approval from a two-member Architectural Review Committee. Plans must be submitted; if no response within 30 days, approval is deemed given. The committee reviews for conformity and harmony with existing improvements.
• Maintenance responsibilities: Owners must keep their lots mowed and maintained in a neat and attractive manner. If an owner fails to do so, the HOA may perform maintenance and bill the owner; nonpayment does not create a lien but is collectible.
• Leasing & rentals: This document does not mention any restrictions on leasing or rental duration. (Reference other documents for rental rules.)
• What this document doesn't cover: This excerpt does not specify rules about pets, leasing minimums, or amenities like pools or clubhouses. It also does not include current assessment amounts beyond the initial 1999 figure. For complete current rules, consult the most recent amended declarations.

Plain-language summary generated from the governing documents on file for this community. It may be incomplete and is not legal advice — read the full documents below or consult the official recorded versions.