Lakewood Residential Community, Inc
Homeowners association — you own your lot and home; the association maintains common areas and enforces covenants.
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What Lakewood Residential Community, Inc's governing documents say
This is a set of covenants and restrictions for Lakewood Community, a single-family residential subdivision in Euless, Texas, governed by a homeowners association (HOA). It applies to all lot owners in the community and covers architectural control, property use, maintenance, and assessments.
- Architectural review: All new construction, exterior alterations, fences, and other improvements require prior approval from the Architectural Control Committee (ACC). Plans must be submitted at least 14 days before construction, and the ACC has 14 days to respond.
- Property use & restrictions: Lots are for single-family residential use only. No further subdivision is allowed, and no commercial, industrial, or business activities are permitted, except limited in-home work that doesn't involve employee parking or deliveries.
- Leasing & rentals: Owners may lease their lot and residence, but only the entire property (not less than the whole). Leases must comply with all provisions of the declaration.
- Parking & vehicles: Recreational vehicles (camping trailers, boats, etc.) may not be kept in the addition except within a privately owned garage, and may only be parked for up to 24 hours for loading/unloading. No parking on designated fire lanes; on-street parking is allowed only on certain streets. Vehicles with a gross vehicle weight rating over a certain limit (not specified) are prohibited, and no inoperable vehicles may be stored on lots.
- Pets & animals: Only regular household pets (cats and dogs) are allowed, for personal use only. No farm animals or exotic pets. Pets must be kept within fenced areas and not run free. Dog runs are prohibited, and doghouses must be screened and no larger than 20 square feet.
- Assessments & fees: The HOA levies annual assessments to cover common area maintenance, insurance, and other expenses. Assessments are due January 1, with payment plans available (monthly, bi-monthly, quarterly, semi-annually). Late fees apply, and unpaid assessments can lead to liens and foreclosure. Annual increases are capped at 25% without owner approval.
- Maintenance responsibilities: Owners are responsible for maintaining their lot, home interior, and exterior (unless the HOA provides front yard mowing, which it may terminate with 30 days' notice). The HOA maintains common areas. Owners must keep their property neat and clean, and are responsible for retaining walls on their lot.
- What this document doesn't cover: This excerpt does not specify the exact amount of the annual assessment, the number of pets allowed, or any age restrictions. It also doesn't detail the HOA's rules on rentals beyond the lease term requirement, or provide information on amenities like a pool or clubhouse beyond mentioning they exist.
Key facts from Lakewood Residential Community, Inc's documents
- Community type
- Homeowners Association (Name: LAKEWOOD COMMUNITY HOMEOWNERS' ASS)
- Developer / declarant
- Lakewood Community Homeowners Association, Inc. (Preamble)
- Governing law
- Texas Property Code, Article XI, Section 11.01, and Section 204.06 (Preamble)
- Assessments & dues
- Set annually by Board of Directors (Section 5.01)
- Special assessments
- Association may establish special assessments (Section 5.03)
- Collections & liens
- Association has lien on Lot for unpaid assessments, prior to first liens and tax liens; may foreclose non-judicially under Texas Property Code 51.002 (Section 5.04)
- Reserves & fees
- Charged to an Owner for transfer of significant estate or fee to a Lot and issuance of Resale Certificate (Section 4.04(f))
- Pets
- Only regular household pets such as cats and dogs; no exotic animals (Section 3.03(r))
- Leasing & rentals
- Owners may lease or rent all of a Lot with Residence (Section 3.02(a))
- Parking & vehicles
- No parking on fire lanes; on-street parking allowed on Willow Lane, Private Drive, and Beeeweed Street; guest pool parking not for owners (Section 3.03(p)(2) and (3))
- Fences
- Fences must be 6 feet high, ACC approved, not extend beyond building lines; side/rear fencing must be approved with picket width and color dictated by ACC (Section 3.05(d))
- Architectural approval
- No Residence or Improvement constructed without ACC approval (Section 3.01(a))
- Solar & roof
- Roof must be non-finished (factory painted metal roofing not allowed), minimum 30-year warranty, colors: weathered wood, slate, Oxford Gray (Section 3.06)
- Home business
- No commercial use; reasonable in-home work such as computer work allowed if no employee parking or material delivery (Section 3.03(q))
- Signs & flags
- Only certain signs allowed: signs advertising property for sale/lease, political signs during election, signs identifying occupants, signs for school groups; must be professionally produced and ACC approved (Section 3.05(h))
- Setbacks / home size
- Conform to City of Euless setback requirements and building lines on Plat (Section 3.05(a))
- Maintenance
- Owner responsible for maintenance of Lot and improvements; Association responsible for Common Areas (Sections 3.05(i) and 4.04)
- Insurance
- Board shall obtain fire and extended coverage insurance for all buildings in the Addition in amount sufficient to cover 90% of full replacement cost (Section 9.02)
- Use restrictions
- Lots shall be used only for private residential purposes (Section 3.02(a))
- Voting & meetings
- One vote per Lot; when multiple owners, they determine how to cast the single vote (Section 4.02)
- Amendments
- Covenants automatically extend; may be amended by signed written assent of 55% of Owners (Section 12.01)
About this HOA
Lakewood Residential Community, Inc is a homeowners association in Richardson, TX.
HOAproxy has 2 documents on file for Lakewood Residential Community, Inc: 2 recorded documents. Last updated 2026-08-05.