$TOP Throwing Your Hard Earned Money Away on Rent!!! 

 Steeplechase Terrace
8903 Keymill Dr, Houston, TX 77064  281.517.0033

Location:

Key Map Number: 409F

Schools:  (School information should be verified for accuracy/changes)

Bang Elementary- 8900 Rio Grande  281.897.4760

Cook Middle School- 9111 Wheatland 281.897.4400

Jersey Village High School- 7600 Solomon 713.896.3400

Tax Rates: (subject to change/verification)

2.71% (before homestead exemption)

Utilities:

Gas- Centerpoint                   713.659.2111

Electric- Reliant Energy        713.207.7777

Comcast Cable/ Phone          281.802.7440

Advantage Water                   281.807.9500

AT&T is NOT available in the community

Other:

Jersey Village/ Cy-Fair Chamber of Commerce                 281.955.1100

Library- Northwest Branch           281.890.2665

Texas Dept. of Public Safety        713.681.6187

Voter and Registration                  713.224.1919

Emergency Numbers:

Emergency         911

Harris County Sheriff           713.221.6000

Jersey Village Police Chief  713.466.2116

Cy Fair Medical Center        281.890.4285

Poison Control                      800.764.7661

Area Recreation:

Cypress Academy Gym        281.469.1481

Jersey Village Golf Course  713.896.0900

Houston National Golf          281.304.1400

Willowbrook Mall                 281.890.6255

YMCA                                   281.469.1481

Colleges:

University of Houston                713.743.1000

Houston Community College    713.718.2000

Cy-Fair Community College     281.290.3200

Steeplechase Terrace: Commonly Asked Questions

What are the Home Owners Association (HOA) fees?
As of 06/07/08: the HOA fees are only $720..00 per year.  This figure can change based on improvements made to the property benefiting all homeowners, and/or other factors. Fees are paid each month by the owner to cover a proportional share of the common expenses of the property. Expenses can typically include, but are not limited to: gas; sewer; water, electricity for common areas; pool maintenance; lawn cutting; insurance for common areas; professional management, parking lot maintenance; legal and audit fees; as well as short- and long-term replacement reserve. $125.00 processing fee & $300.00 capitol improvements fee due at closing.

What are "common elements/areas."
Areas of the property that are to be used by all residents are called common elements or areas. These can include, but are not limited to pool area club house, picnic area, playground, walkways and lawns. Each Townhome owner has an undivided ownership interest in the common elements.

How are the HOA fees calculated?
HOA fees are based on the annual estimated expenses for the property.  HOA fees are always subject to increase or decrease based on changes in budgeted expenses.

Do I have to obtain my own insurance?
Townhome owners, like traditional single family dwellings, are required to obtain insurance to cover any loss, interior and exterior, regarding his or her own unit in the case of fire, theft or other unforeseen circumstance. Insurance for  liability around the property (common areas) is covered in the monthly HOA fee.

Who takes care of things around the property?
The developer or a professional management firm typically runs the day-to-day operations in and around the property while Townhome sales are underway. After a minimum of 75% of the homes have closed, the developer turns the reins of the "Home Owners Association" over to the owners, who elect directors and officers among themselves to handle the future decision-making and operations. The directors may then choose to manage the property themselves, or they may seek the services of a professional management firm.

How do I obtain a mortgage? / What will the interest rate be?
The first step is to get pre-qualified by a loan officer or other financing professional. We have a lender, Baymont Financial, available to speak with visitors to answer their question regarding financing suited to their individual needs and situation. The greater the down payment, the less the monthly mortgage payment will be.The lenders we work with offer down payments as low as 0% to qualified individuals.  Interest rates are variable but can generally be described currently as among the lowest in decades. Acting now can lock in today's low rate for the entire life of the loan. This is a fantastic time to buy!

What about property taxes?
Owners pay property taxes. Most buyers prefer to pay property taxes a bit at a time, rather than at once, so lenders will include an amount for taxes in the payment you send in each month.

--SEE ACTUAL DCCR FOR FULL DETAILS/INFORMATION on HOA, insurance requirements, etc.- SALES COUNSELOR CAN PROVIDE YOU A COPY AT YOUR REQUEST--  revised 07/05/09