Southwest Austin - Dripping Springs Edition | July 2025

Real estate

BY ELISABETH JIMENEZ

Residents in neighborhoods and housing subdi- visions can occasionally see, or even vote on, the creation of special districts to provide additional services and resources such as utilities, public safety improvements and sidewalks. While some special districts have overlapping characteristics, these special districts can vary in terms of respon- sibilities, regulation and fees. The details Special districts can include homeowners associations, or HOAs; municipal utility districts, or MUDs; property improvement districts, or PIDs; and tax increment financing districts, or TIFs. Each district is created with a goal to provide specific services to a housing division, according to a report from title company Austin Title. HOAs, MUDs and more explained

Differences between HOAs, MUDs, PIDs and TIFs Established by property owner petition to city or county Established by real estate developer Established by city/county legislation on behalf of city/county, not property owners Regulates and manages shared areas such as gardens, parks, courtyards Develops infrastructure such as landscaping, sidewalks, roadways, etc. Provides utilities such as water, sewer, stormwater drainage Funded through additional dues, assessments or fees paid by homeowners Funded through increased tax revenues paid into special fund Utilizes voter-approved bond funds

HOA MUD PID TIF

Oversight from TCEQ, initial board selected by TCEQ Oversight from board elected by property owners Oversight from city or county

NOTE: RULES, REGULATIONS AND SERVICES MAY VARY BY DISTRICT.

SOURCE: AUSTIN TITLE/COMMUNITY IMPACT

New Craftsman Style Homes in South Austin

in the $400s

DREW LANE south austin

2 beds | 2.5 baths Dog Park Lawn maintenance included Near Old Manchaca/ Slaughter Lane

Sign Up for Pre-Sales

Disclaimer: @July 2025 Ash Creek Homes. All rights reserved. Information shown is representative of proposed Ash Creek Homes plans for Drew Lane. Photos and renderings are strictly for illustrative purposes only. All information is not guaranteed and remains subject to change or delay without notice. Maps and plans are not to scale, and all dimensions are approximate. Please see Ash Creek Homes sales associate for details and visit www.ashcreekhomes.com.

28

COMMUNITYIMPACT.COM

Powered by