Helpful information for Texas Homeowners Association Reserve Study Companies & HOA Industry Professionals
Texas Homeowners Association Reserve Study Legislation & HOA Reserve Fund Laws
Unit owners associations may adopt and amend budgets for revenues, expenditures, and reserves and collect assessments for common expenses from unit owners. Section 82.102. Resale statements must include the amount of reserves, if any, for capital expenditures and of portions of those reserves designated by the association for a specified project. Section 82.157.
There is no statutory requirement to conduct a Homeowners Association reserve study and no statutory requirement to fund reserves.
Source: Community Associations Institute Summary of State Reserve Fund Laws
Note: This information is for informational purposes and is not intended to provide legal advice.
Frequently Asked Questions (FAQs) About Texas HOA Reserve Study Companies
Why should a Texas HOA get a homeowners association reserve study if it's not legally required?
Many Texas HOAs complete a homeowners association reserve study to:
- Plan for expensive, infrequent capital replacements
- Reduce or avoid special assessments
- Maintain property values
- Improve budget transparency for homeowners
- Help boards make data-driven project decisions
- Do Texas laws require a homeowners association reserve study?
- No. Texas does not currently require HOAs to conduct a homeowners association reserve study by statute. However, HOA boards are still expected to manage community finances responsibly, and many choose to complete a reserve study voluntarily to support long-term capital planning and fulfill fiduciary obligations.
What components are typically included in a homeowners association reserve study in Texas?
A voluntary homeowners association reserve study often evaluates major shared community assets such as:
- Roofing and siding
- Private roads, sidewalks, and parking areas
- Clubhouses, pools, and recreational amenities
- Fencing, lighting, and drainage systems
- Shared mechanical or electrical infrastructure
- Routine operating costs are not included.
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