Texas HOA Statistics

September 17, 2024

A Homeowners Association (HOA) is an organization that governs and manages a residential community, such as a neighborhood, condo complex, or planned development. HOAs enforce community rules, maintain shared spaces, and uphold property standards, ensuring a cohesive and attractive environment. Homeowners in the community pay fees to fund services like landscaping, maintenance, and amenities.

Often, an HOA hires a management company to handle day-to-day operations, such as collecting dues, coordinating repairs, and ensuring compliance with regulations. HOA management companies provide professional oversight and expertise, helping the board of directors efficiently run the community while reducing the workload for volunteer board members. This ensures that the HOA functions smoothly and that homeowners’ needs are met promptly and professionally.

Texas HOA Stats

2021 – 20.79% of homes in Texas belong to an HOA
6,139,000 million people live in an HOA in Texas
$7.96B – Assessments are collected annually in Texas
Texas is home to the Third Most HOAs in the country behind Florida & California
2,796,000 houses in Texas belong to an HOA

Texas HOA Stats by City

Dallas

813400 households that are part of an HOA in Dallas – 2021
Average (Mean) is $154/month

Houston

1,119,000 households that are part of HOA in Houston – 2019
Average (Mean) is $93/month

San Antonio

973 Registered Communities in San Antonio

Austin

711 Registered Communities in Austin

HOA Growth In Texas

HOAs are growing across the country but Texas has seen an increase of 20% since 2017. This can be attributed to a number of factors but a few key ones include:

Rapid Urban Development: Texas has experienced significant population growth, leading to a surge in new housing developments. Many of these new neighborhoods, especially in urban and suburban areas, are planned communities that are often governed by HOAs. These associations help manage and maintain common areas and ensure that property values are preserved as the population expands.
Community Amenities: HOAs are increasingly popular because they offer a wide range of amenities such as parks, pools, fitness centers, and walking trails. These features are attractive to homebuyers looking for a high-quality lifestyle with access to shared facilities that enhance the neighborhood’s value and livability.
Property Value Protection: HOAs play a crucial role in maintaining neighborhood aesthetics and enforcing community standards. In Texas, where real estate demand is high, many homeowners are drawn to HOAs as they help protect property values by ensuring that neighbors adhere to architectural guidelines, landscaping standards, and other rules that preserve the overall appeal of the community.
Demand for Organized Neighborhoods: With rapid growth and new developments, there is a need for organized communities that have clear guidelines and expectations. HOAs provide that structure, which appeals to many homeowners seeking a well-managed and cohesive neighborhood experience.
Developer Influence: In Texas, real estate developers often create HOAs to manage common areas and community facilities. Developers find HOAs useful for maintaining the look and feel of a neighborhood, which helps in selling homes, as buyers are drawn to communities with long-term sustainability and upkeep plans in place.
The combination of urban growth, increased demand for community amenities, and the desire to protect property investments has led to a notable rise in HOAs across Texas