Prosper, TX 75078 940 Paris Drive

Single Family Lot in Gated Subdivision Assessments o HOA Dues (normal HOA functions and maintenance) $875 annually (due January 1st) o Road and Replacement Costs (set per reserve report recommendation) $335 annually (due January 1st) These are set on a funding schedule to repair and replace roads and common area amenities in the future o Home or Lot landscape maintenance (bulk price) Vacant lot maintenance $56-$75 per quarter (billed quarterly) Finished home landscape maintenance $250 per quarter (billed quarterly) Great deal!! HOA has bulk maintenance contracts to reduce costs traUic ? Includes front and rear yards, contact landscaper for separately billed repairs, tree trimming, or replacements o HOA Contribution ? Charge at closing to non builder buyer $500 ? Amenities included: o Security Gates ? Will remain open during construction and closed after. Gates will open automatically 7am- 7pm thereafter. o Amenity center with pool and facility o Walking trails o Playground o Pickleball courts Completion Requirements (Phase 1) o Home required to be completed within 2 years after owner acquires title to the lot o Must commence construction within 1 year after plan approved by ACC o Must complete construction of home within 18 months after commencement of construction o Initial penalty $2,000 and increase $1,000 year afterwards