Buying or Selling a Condo at The Huntingdon: The Texas Forms and Sales Data

The residence homestead exemption rests on occupancy. Texas defines a residence homestead as a structure used as a residence and occupied as its owner's principal residence. A person may receive the exemption for one residence homestead in a tax year. A home kept as a second residence, while the owner's principal residence is elsewhere, sits outside that definition. The county appraisal district for the address answers questions about a particular account.

The size of the exemption shows what rides on the principal residence that does claim it. A school district exempts $140,000 of appraised value. A taxing unit may adopt a percentage exemption of up to 20 percent, with a $5,000 floor where that percentage produces less. Property tax at this address follows the county's appraised value at the combined rate for the address. The ten-year series behind the market data puts that combined rate between about two and two and a half percent. Confirm the taxable value for your own account with the appraisal district before you budget.

The association maintains property insurance on the insurable common elements. In a tower with horizontally bounded homes, that policy must include the units, to the extent reasonably available. It need not include improvements and betterments owners installed. An association policy does not stop you buying your own, and a lender may require coverage beyond the association's.

Three mechanics matter if a loss happens while you are away. The board may set commercially reasonable deductibles. A claim for a loss covered by the common-element policy is submitted by and adjusted with the association, rather than by one owner. The insurer may not cancel or refuse to renew less than 30 days after written notice to the association. This association's deductible and premium appear in the insurance summary attached to a resale certificate. Read that summary beside your own interior quote, so the gap between the two policies is visible before closing.

Three lines: the maintenance fee, property tax and an interior insurance policy. The fee is a rate times floor area, about $1.15 per square foot per month on current listings. That is roughly $3,450 on a 3,000 square foot home and about $5,750 on a 5,000 square foot one, whether or not you are in residence.

The fee does not pause while the home is empty. Under the older condominium chapter, an owner is not exempted from contributing by waiving the use of the common elements or abandoning the home. Model the rate rising. Listed homes here went from $0.96 per square foot in 2022 to $1.14 in 2025, about 18.8 percent, close to six percent a year compounding. On a 5,000 square foot home the gap between those two rates is roughly $950 a month. The rate pays for a staffed building: concierge, valet parking, an on-site manager, an on-site guard, a porter and courtesy patrol, plus common-area insurance, water, sewer and partial utilities. For a home left for weeks at a time, that staff is the lock-and-leave part of the bill. Only the resale certificate for a specific home states what it currently owes.

Usually, yes. Section 5.008 of the Texas Property Code requires the notice from a seller of residential real property comprising not more than one dwelling unit, which describes a home in this tower. It is completed to the best of the seller's belief and knowledge on the date it is signed. Section 5.008(e) lists eleven transfers the section does not reach.

For an owner who visits part of the year, one early item asks whether the seller is occupying the home. The rest covers defects, items in need of repair, association fees and assessments, lawsuits affecting the property, and conditions affecting health or safety. Where the seller does not know an answer, the statute has the seller indicate that on the notice, and doing so complies with the section. The notice is due on or before the effective date of the contract. A purchaser who contracts without it may terminate for any reason within seven days after receiving it. So fill it in before the listing goes live, while you can check the home in person.

In the recorded management certificate. Section 82.116 requires the association to record it in the county's real property records. It states the amount and description of every fee charged to a seller or a buyer on a transfer. The county clerk indexes it as a Condominium Association Management Certificate, so anyone can pull it without being under contract.

The same certificate gives the recording data for the declaration and every amendment, which is the chain of instruments to order from the clerk. The one recorded for this building lists the association's address as the building itself. It names the association's attorney and an online document portal, and names no third-party managing agent. The association must record an amended certificate within 30 days of notice of a change. It must also file the certificate electronically with the Texas Real Estate Commission within seven days of recording. The resale certificate's own fee is separate: the association may charge a reasonable and necessary fee, not to exceed $375, to furnish it.

It can. Fannie Mae treats a project as ineligible where its legal documents curtail an owner's ability to use the property during any part of the year, or impose mandatory rental pooling. Unless the declaration provides otherwise, the board may adopt and amend rules on use, occupancy and leasing. That power reaches a regime recorded before 1 January 1994.

That makes the governing documents part of the financing, even for an owner who never lets the home. A seller furnishes the declaration, the bylaws and any association rules along with the resale certificate, so ask for all three as soon as you are under contract. Read the use and occupancy provisions before the option period ends, and send them to your lender. A rule in force when you buy can be amended later, within whatever limits the declaration sets. The declaration is the document that shows how far a rule can move, and your lender's reading of those paragraphs is the answer that counts for your file.

Yes. The Texas Real Estate Research Center breaks its statistics out by single family, condominium and townhouse property types, each split between new and existing construction sold through MLS systems. Those are metro figures across many buildings. For one tower of 98 homes, the condominium line describes the wider Houston market rather than this address.

The Texas Real Estate Research Center's overview also states that existing home sales negotiated outside the MLS are not included. A Huntingdon home sold privately therefore adds nothing to those counts. Inside the building, the measure that tracks a particular home is narrower. Ask for the four or five plans on comparable floors that traded or listed recently, each with its asking price, square footage and marketing period. The market feed puts the building at 12.0 months of inventory, a figure that one new listing or one sale can move sharply.