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Notice of Assessment Decrease
Published: November 20, 2025
On November 19, 2025, the Board of Directors, in an open meeting, reviewed all estimated budget expenses for 2026 and unanimously voted to decrease the 2026 assessments.
The Board of Directors approved a decrease effective January 1, 2026; Assessments will decrease from $650.00 annually to $550.00 annually. Payments for your assessments will be due in the amount of $550.00 on January 1, 2026.
6.3 Regular Annual Maintenance Assessments.
(a) Annual Budget. For each calendar year or a part thereof during the term of this Declaration, the Board shall establish an estimated budget of the expenses to be incurred by the Association for the forthcoming year in performing its duties (collectively, the “Common Expenses”). Based upon such budget, the Association shall then assess each Lot an annual fee (the “Maintenance Assessment”) which shall be paid by each Owner in advance as follows: annually on the first day of each January, unless the Board determines a different schedule. The Common Expenses and the budget on which the Maintenance Assessment is based shall include any and all costs and expenses incurred by, or fees charged to the Association by the Alcove at Hickory Creek Homeowner’s Association, Inc., a Texas non-profit corporation…
If you have auto pay set up, please be sure to update the amount of your payment prior to the January 1, 2026 effective date.
Should you have any questions, please contact Essex Association Management, L.P. by visiting your association website at www.alcoveathickorycreekhoa.com and following the prompts to submit a web submission under the “Contact Us” tab.