The Annual Assessment for 2024 is $300
Your HOA dues can be paid by check or money order to:
La Bandera III
PO Box 26691
Benbrook, TX 76126
You may also hand deliver your payment to the HOA President or Treasurer if you wish to save postage (email lb3hoa@gmail.com for details).
We also offer payment via bank transfer, debit, or credit card with Paypal. Please note Paypal charges the HOA a fee for each transfer.
Currently, the HOA Annual Assessment is $300. This includes payment to the Team Ranch Master HOA, collection for wall maintenance, funds to repair/replace the neighborhood signage in the future, maintaining our greenspaces and other expenses required to maintain the neighborhood.
The table below demonstrates how each dollar of a homeowner's dues are applied (assuming all 111 homeowners pay their dues).
|
Expense |
Budget |
|---|---|
| Master Dues | $8,400 |
| Landscape | $6,000 |
| Repair/Maintenance | $500 |
| Insurance | $3,000 |
| Water | $1,800 |
| Other | $1,000 |
| Wall Maintenance Fund | $5,500 |
| Monument/Signage Replacement | $5,500 |
| General Reserve | $1,600 |
| Total | $33,300 |
| Per Household | $300 |
The Annual Assessment for each year is due the 31st of December of the preceding year.
Invoices for dues will be distributed in November. Payment is due by December 31st. Late Fees will be assessed on any account significantly overdue, in accordance with the La Bandera Phase III Fine Schedule and Collection Policy.
To prevent future financial difficulties, the HOA will be diligent in the collection of dues. Please help your HOA by paying your dues timely. We sincerely hope everyone takes their payment of dues seriously and avoids these additional charges. The HOA reserves the right to waive penalties as long as the homeowner contacts the HOA prior to the penalty being levied.
If you have questions or concerns regarding HOA dues, please contact one of your HOA board members.