Greenway Place
Homeowners association — you own your lot and home; the association maintains common areas and enforces covenants.
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What Greenway Place's governing documents say
Greenway Place is a condominium community in University Park, TX – you own your individual unit and share ownership of the building's common elements, which the association maintains. The community has a maximum of 50 units, with a possible future addition of up to 20 more units.
- Leasing & rentals: Units may be leased, but leases must be for a term of at least one year, in writing, and subject to the governing documents. An executed copy must be submitted to the association, and the association may require use of approved lease forms.
- What you own & maintain: You own your unit's interior, including finish materials, fixtures, and appliances. The association maintains the common elements (e.g., structures, systems, common areas) and carries master insurance. Owners must maintain their units in good repair and report water damage or mold immediately.
- Future development: The declarant reserves the right to develop a future development area, adding up to 20 additional units, which would adjust allocated interests. The declarant also retains various development and easement rights.
- Assessments & fees: Owners pay monthly assessments for common expenses, plus possible special or individual assessments. A working capital contribution equal to two months' assessment is required from each owner (excluding declarant).
- Resale restrictions: Owners cannot offer a unit for sale during the Sales Restriction Period, which runs from conveyance by declarant until the earlier of one year later or when the last unit is sold. This restriction does not apply to foreclosure by a first lienholder.
- Use restrictions: Units are for residential use only. Garage spaces are for parking only. All owners and tenants must comply with the governing documents; violations may result in suspension of voting rights.
Key facts from Greenway Place's documents
- Community type
- Condominium
- Legal name
- Greenway Place Condominiums
- Units / lots
- Maximum 50 Units (plus up to 20 in Future Development Area) (Section 1.1 - "Condominium" definition: )
- Developer / declarant
- Rivendell Eastern LP, a Texas limited partnership (Section 1.1 - "Declarant" definition)
- Governing law
- Uniform Condominium Act, Texas Property Code, Chapter 82, Section 82.001 et seq. (Section 1.1 - "Act" definition)
- Assessments & dues
- Budget prepared by Association, delivered to Owners, setting forth each Owner's monthly share based on Allocated Interests (Section 7.1(b): "the Association shall d)
- Special assessments
- Allowed for non-recurring Common Expenses relating to maintenance, care, alteration, improvement, replacement, operation, management of Condominium and administration of Association (Section 7.1(c): "the Association shall p)
- Collections & liens
- Association has a lien on each Unit for unpaid Assessments, senior to all subsequent liens except Priority Lien Indebtedness and Governmental Impositions; may foreclose non-judicially under Texas Property Code Section 51.002 (Section 7.4: "Declarant hereby reserves )
- Reserves & fees
- Association shall establish and maintain adequate reserve fund, funded by Monthly Assessments rather than Special Assessments (Section 5.1(b): "The Association shall e)
- Leasing & rentals
- Units may be leased, subject to restrictions (Section 3.2: "Units may be leased; howev)
- Parking & vehicles
- Parking Spaces (19) are General Common Elements; each Unit includes a Garage Space for exclusive parking use (Section 1.1 - "Parking Spaces" definitio)
- Architectural approval
- Owner alterations, additions, improvements to Unit require prior written approval of Association if visible from other Units, Common Elements, or exterior, or if changing floor plan, boundaries, or creating apertures in party walls (Section 5.3: "no Owner (other than Decla)
- Signs & flags
- Declarant may place signs on Common Elements for sales, leasing, management offices; no restrictions on other signs mentioned (Section 3.4(c): "Declarant shall have th)
- Maintenance
- Portion of Roof Easement Area used by Declarant maintained by Declarant; remaining portions maintained by Association (Section 3.6(d): "The portion of the Roof)
- Insurance
- Association shall obtain and maintain insurance required by Act and Bylaws; may carry additional insurance for Common Elements and operations including liability for officers, directors, trustees, employees (Section 6.1(a): "the Association shall o)
- Use restrictions
- No Unit shall be used or occupied for other than residential purposes, except Garage Spaces used exclusively for parking (Section 3.1: "no Unit shall be used or o)
- Voting & meetings
- Each Owner (one vote per Unit owned) entitled to vote on matters within membership voting rights (Section 4.2: "Each member shall be entit)
- Amendments
- Declarant may file Supplemental Declarations for various purposes without Owner vote during Declarant Control; after that, not specified in this excerpt (Section 1.1 - "Supplemental Declaration")
About this HOA
Greenway Place is a homeowners association in University Park, TX.
HOAproxy has 5 documents on file for Greenway Place: 4 amendments and 1 recorded document. Last updated 2026-06-07.
Governing documents
- Document (5 pages) — PDF
- Document (30 pages) — PDF
- Document (30 pages) — PDF
- Document (30 pages) — PDF
- Document (4 pages) — PDF