Davis H L Mckinney
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What Davis H L Mckinney's governing documents say
This document is an amendment to a private contract for deed (seller-financed sale) for a single-family home at 1205 West Street, McKinney, TX — not a community association's governing document. It binds only the seller and buyer, not future owners or renters, and does not establish any community-wide rules or restrictions.
- Property & parties: The property is Lot 33C, Block 33 of the H.L. Davis Addition, McKinney, TX. Seller: Antonio P. Vasquez et al. Buyer: Juan Carlos Arrellano et al. The contract is retroactive to July 22, 2004, and replaces prior agreements.
- Financial terms: Original principal balance: $109,250. Annual interest rate: 7.99%. Monthly payment (principal + interest): $840.04. Payment place: as directed by seller. Maturity date: August 1, 2035. Late charge: lesser of 8% of payment or administrative cost, if payment is 10+ days late.
- Buyer obligations: Buyer must pay all taxes and assessments, maintain property insurance with seller as named insured, keep the property in good repair, allow seller inspections, obey all laws, and not create liens. Buyer must also pay a reserve for taxes and insurance (no interest, no bond).
- Default & remedies: Buyer default: failure to pay or perform within 15 days after notice. Seller may accelerate debt or cancel contract, forfeiting buyer's payments as liquidated damages. Buyer has cure rights if property is a residence of a second-degree relative (Texas Property Code 5.065). Seller default: failure to perform within 15 days; buyer may terminate, sue, or step in to pay lienholders (deducting 150% from balance).
- Seller obligations: Seller must deliver general warranty deed and owner's title policy after full payment, pay taxes for prior years, and timely pay existing liens. Seller must provide monthly statements and notify buyer of any default/foreclosure on prior liens.
- What this document doesn't cover: This is a private sale contract, not a community or HOA rulebook. It contains no information about neighborhood covenants, architectural rules, pet restrictions, leasing limits, or any other community-wide governance.
Key facts from Davis H L Mckinney's documents
- Governing law
- Subject to provisions of Chapter 5 of the Texas Property Code (pages 7-8)
- Reserves & fees
- Buyer to make monthly deposits for taxes and insurance; fund accrues no interest; Seller holds without bond; Seller pays taxes and insurance when due; Buyer may be required to make additional deposits if insufficient (page 4)
- Amendments
- This contract may be amended only by an instrument in writing signed by the parties (page 8)
About this HOA
Davis H L Mckinney is a homeowners association in Prosper, TX.
HOAproxy has 1 document on file for Davis H L Mckinney: 1 amendment. Last updated 2026-07-24.