What You’ll Pay in Property Taxes in Flower Mound
Property taxes in Flower Mound are generally in line with the state average, typically falling between 0.8%–1.2% annually. The typical property tax rate in Flower Mound is around 1.0%. For a home valued at $350,000, that translates to about $3,500 per year or $292 per month in property taxes.
Keep in mind that your exact property tax rate will depend on factors like your home’s assessed value, exemptions you qualify for, and the current municipal and county tax rates. In similar suburban cities in Texas, property taxes often range from 0.6% to 1.2% of a home’s appraised value each year.
How HOA Fees Work in Flower Mound
In addition to property taxes, many homeowners in Flower Mound also pay Homeowners Association (HOA) fees. These monthly dues cover the costs of maintaining and improving common areas and amenities in your neighborhood or development.
Typical services and amenities covered by HOA fees include:
- Trash collection and recycling
- Landscaping of common areas
- Community pool and fitness center access
- Security patrols or gated entry
- Clubhouse and park maintenance
- Exterior upkeep of condos or townhomes
In Flower Mound, HOAs often include irrigation or xeriscaping services to minimize water usage while keeping the neighborhood looking lush and inviting. Some communities may also maintain tennis courts, walking trails, or small lakes and ponds.
Typical Monthly HOA Costs
HOA fees in Flower Mound typically range from $70 to $200 per month, but can be higher in luxury developments with extensive amenities. Here’s a comparison of common HOA fee ranges:
| Type of Community | Typical Monthly HOA Fee |
|---|---|
| Minimal amenities | $70 – $120 |
| Average suburban development | $120 – $200 |
| Luxury neighborhood or condo | $200 – $500+ |
For example, if you purchase a $295,000 home in Flower Mound with a 0.8% property tax rate and a $150 monthly HOA fee, you can expect to pay around $345 per month for those combined costs.
🏆 Most cost-effective setup: Neighborhoods with fewer amenities tend to have lower HOA fees, like $70–$120/month. These communities still provide key services like trash pickup and common area landscaping.
Hidden or Seasonal Fees to Expect
Beyond monthly dues, there are some hidden or seasonal HOA costs to watch out for:
- One-time move-in or account setup fees ($100-300)
- Annual assessment increases (typically 2-10%)
- Special assessments for major repairs or upgrades
- Surprising local fees in Flower Mound like pet registration or parking permits
In summer months, irrigation surcharges for homeowners in Flower Mound can add $20-50/month to water bills to keep lawns green. Some neighborhoods also charge additional fees for clubhouse rentals, community events, or extra landscaping services.
Are These Costs Worth It?
While no one loves paying taxes and fees, HOA dues provide Flower Mound residents access to well-maintained amenities and help protect property values. Having shared spaces like pools, parks, and trails fosters a greater sense of community.
Proactive enforcement of neighborhood standards and exterior upkeep also helps HOA communities retain a polished, cohesive look. This curb appeal often translates to higher resale values compared to non-HOA homes.
However, HOA living does mean abiding by community rules like lawn care standards, parking restrictions, and approved exterior paint colors. Some homeowners prefer the freedom of a neighborhood without an HOA.
In Flower Mound, HOA homes often retain higher resale value, especially in communities with premium amenities like resort-style pools, tennis courts, and private lakes. The key is finding a neighborhood with fees and rules that align with your budget and lifestyle.
FAQs About Property Tax and HOA in Flower Mound
How much is the average HOA in Flower Mound?
Typical HOA fees in Flower Mound range from $70 to $200 per month, with most homeowners paying between $120 and $200. Luxury communities can have fees of $200 to $500+.
Can your HOA fees increase?
Yes, HOA fees can increase over time to keep up with inflation, higher vendor costs, and aging amenities. Most HOAs raise dues 2-10% annually. Special assessments may also be charged for major projects.
Do you pay both property tax and HOA?
Yes, homeowners in Flower Mound pay both property taxes (paid annually or with your mortgage) and HOA dues (paid monthly or quarterly). A home with a 1% tax rate and $150 HOA fee would pay about $345/month for those combined.
How do property tax rates compare between neighboring cities?
Property taxes in the DFW suburbs typically range from 0.6% to 1.2%. Flower Mound’s 1% average rate is in line with neighboring cities like Lewisville (1.1%) and Coppell (0.9%). Highland Village tends to have slightly lower rates around 0.8%.
Is an HOA fee worth it for new homeowners?
It depends on your budget and priorities. HOA fees provide access to shared amenities and protect property values, but also mean additional costs and rules. Focus your home search on neighborhoods with fees and features that fit your lifestyle.
Final Cost Insights for Flower Mound Homeowners
When budgeting for a home in Flower Mound, expect to pay around 1% in property taxes and $120 to $200 per month in HOA fees. Keep in mind that premier neighborhoods with extensive amenities can have dues of $200 to $500+.
While these costs can seem daunting, HOA communities often command higher resale prices. Flower Mound homes in well-managed neighborhoods with desirable amenities and curb appeal tend to hold their value best.
As you weigh your options, consider how much you’ll pay for housing in Flower Mound and factor in the lifestyle perks and potential appreciation of an HOA home. The right neighborhood is one that fits both your budget and your vision of home.