Greatwood Lake

Greatwood Lake HOA Fees, Rules & Amenities (Richmond, TX)

Richmond, Texas

Last Updated: May 29, 2026

About This Community

Greatwood Lake is a planned community in Richmond, Texas (ZIP 77469). The HOA fee is $325 per month. On-site amenities include Fitness Center, Clubhouse. Long-term rentals are allowed, but short-term / Airbnb-style rentals are not permitted. Pets are not allowed under the current HOA rules.

Estimated Monthly HOA Fee
$325
Est. Yearly Fee$3,900/yr

HOA Rules & Restrictions

Rentals Allowed
Yes
Airbnb / Short-term Rentals
No
Pet Friendly
No

Pet Restrictions

No breed restrictions, must be leashed in common areas

Parking Rules

Street parking allowed, visitor passes available

Rental Status

Rentals AllowedYES

Amenities

Fitness Center
Clubhouse

Frequently Asked Questions About Greatwood Lake

Living in Richmond, Texas

Greatwood Lake is one of Richmond's HOA communities tracked on HOA's HUB. Richmond sits in Texas, and is part of the broader Texas HOA market. Homeowners here are part of a planned community with monthly HOA dues averaging $325, which typically covers shared maintenance, common-area upkeep, and association management.

Before buying or moving into any Richmond HOA, it's worth comparing fees, pet policies, rental rules, and amenities across nearby neighborhoods. Use our HOA comparison tool to put Greatwood Lake side-by-side with other associations in the area, or read our HOA buyer guides for tips on closing costs, special assessments, and resale rules specific to Texas.

Amenities at Greatwood Lake include fitness center, clubhouse. Always confirm what's currently active with the HOA board before relying on any amenity for your buying decision - clubhouses, pools, and gates sometimes change status year over year.

HOA's Hub Insights

If you're shopping Richmond's higher end, Greatwood Lake is one to compare carefully: monthly HOA dues run about $325, often covering a fuller set of services like security, landscaping, and clubhouse access. Greatwood Lake limits pets, which keeps grounds quieter but is worth flagging early if you're moving in with a four-legged family member. Owner-investors get more runway here - long-term leases are allowed under the association's current rules. Short-term and Airbnb-style rentals are off the table, in keeping with most owner-occupied Texas HOAs. Residents share access to fitness center, clubhouse, which factor into the monthly dues. Smart buyers always request the current CC&Rs, the most recent reserve study, and 24 months of board minutes before closing on any HOA-governed home.

🏡 Our Quick Take

💰 HOA FeesHigh
🏘️ Home TypeSingle-Family
👨‍👩‍👧 Best ForFamilies
📍 Location AppealGrowing Area
⚠️ RestrictionsModerate

Quick Facts

Statusactive
PetsNot Allowed
RentalsAllowed
AirbnbNot Allowed

Contact Information

Visit Website
Arbor Ranch Dr, Richmond, TX 77469, United States

Google Reviews

4.2

5 reviews

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Data Disclaimer

HOA information on this page is provided for research purposes and may change over time. Monthly fees, amenities, pet policies, rental rules, and contact details should always be verified directly with the Greatwood Lake board, the property management company, or a licensed Texas real estate professional before making any buying, selling, or moving decision. HOA's HUB does not guarantee the accuracy, completeness, or current status of any listed community.