UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Retreat Ph 01
MLS Listing ID 20738924
HOA Fees $600
HOA Y/N Mandatory
Annual Tax Amount $351
Lot Size 0.294 Acres
Acres 0.294
Lot Dimensions 80x120
Property Sub-Type Unimproved Land
Property Description
As both a property owner and the listing agent for a lot at The Retreat in Cleburne, I recently discovered that the POA, Double Diamond at The Retreat, is imposing a **$10,000 transfer fee** when a lot is sold.
After learning of this fee, I made multiple attempts to obtain documentation and a clear explanation of how it is calculated and justified, but I have not received the transparency I requested. I was also informed by the POA (Property Owners Association) that the transfer fee is **at the Developer's discretion**, meaning the Developer can determine the amount of the fee.
Many lot owners may be completely unaware of this fee and could be blindsided when they decide to sell their property. Owners deserve transparency regarding significant costs that can impact the value and marketability of their investment.
If you are a current lot owner at The Retreat and would like to join other owners in seeking greater transparency and exploring potential legal action regarding this matter. have your agent or real estate professional reach out.
Together, we can work toward protecting the interests of all lot owners at The Retreat.
Location
State TX
County Johnson
Community Club House, Community Pool, Concierge, Curbs, Fitness Center, Gated, Golf, Jogging Path/Bike Path, Playground, Sidewalks
Zoning Residential
Direction From Downtown Fort Worth, take I-35W S US-287 S US-377 S to US-67 S in Keene from FM917 W and FM2280 S. Merge onto US-67 S. Continue on FM 1434 N. Drive to Retreat Blvd. See GPS for more details
Exterior
Community Features Club House, Community Pool, Concierge, Curbs, Fitness Center, Gated, Golf, Jogging Path/Bike Path, Playground, Sidewalks
Utilities Available City Sewer, City Water, Concrete, Curbs, Individual Gas Meter, Individual Water Meter, Sidewalk
Lot Frontage 80.0
Garage No
Building
Lot Description Cleared, Interior Lot
Schools
Elementary Schools Rio Vista
Middle Schools Rio Vista
High Schools Rio Vista
School District Rio Vista Isd
Others
Restrictions No Restrictions
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA-203K, USDA Loan, VA Loan
Listing Terms 1031 Exchange, Cash, Conventional, FHA-203K, USDA Loan, VA Loan
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20738924
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