Five-year reserve planning My HOA Budget

Austin, Texas condo association

Unclaimed profile

The Independent

The Independent is a condo association in Austin, Texas. This profile tracks monthly dues $600–$1,500/mo, 370 units, built in 2019, reserve study status not yet verified, along with amenities, reserve questions, and d...

condo Public records Reserve health: Unknown Browse Austin communities Texas reserve laws

Profile 56% complete — source gaps remain

HOA dues, reserve study, and community facts

Units 370
Year built 2019
Monthly dues $600–$1,500/mo
Reserve health Unknown
Active listings 5
Median sale price $1.13M

Amenities

PoolGymDog parkConciergeElevatorParking garageClubhouseRooftopBusiness center

Board and management

No board roster is listed in the cited sources.

Reserve study and funding

We do not have reserve study details on record for The Independent. Review the editable example below before treating any forecast as community-specific.

Review editable example

5-year outlook

What changes this five-year example?

Special assessments can run into thousands per unit when major work outruns reserves. This starts with the known numeric values listed below, then lets you change every example before relying on the result for The Independent.

Reserve-health labels, year built, and Texas law summaries are not used to change the solver numbers.

Editable assessment example Adjustable dues increases Five-year reserve projection
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Known values applied: unitCount -> unit count; duesRange lower bound -> annual dues revenue.

Editable examples, not community facts: starting reserve: editable example scaled from unit count at $15k/unit; annual operating expense: editable example scaled from annual revenue at 84%.

Local calculator

Five-year reserve projection from reviewed numbers

Start with the example, enter figures by hand, or review local files before applying values. Nothing here is uploaded or saved by MHB. This example is not a reserve study, a funding-sufficiency conclusion, or an assessment prediction.

5-year ending reserve$6.90MAbove example target

Use your figures

Review documents or enter the same values by hand.

Files are read only in this browser, are not uploaded, and are not stored by MHB.

Scenario figures can be entered manually or read from local files.

Budget

Dues revenue, operating expense, and unit count.

Ready

Labeled dollar values. PDF, CSV, JSON, or text. 10 MiB max. Read locally only.

Reserve study

Starting reserve balance and scheduled capital work.

Ready

Labeled dollar values. PDF, CSV, JSON, or text. 10 MiB max. Read locally only.

Assessment history

Assessment amount and projected year.

Ready

Labeled dollar values. PDF, CSV, JSON, or text. 10 MiB max. Read locally only.

Enter figures manually

These whole-number fields match the document review fields. Changing them recomputes the projection immediately.

$0EXAMPLE TARGET - $1.0M202620272028202920302031$6.9M
Projection text equivalent
YearReserve balance
2026$5.55M
2027$5.87M
2028$6.09M
2029$6.05M
2030$6.37M
2031$6.90M
5%
4%

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Copy and CSV exports use reviewed numbers and caveats. The share link keeps only numeric controls.

Current ending balance$6.90M
Current lowest balance$5.87M2027
Ending deltaSave baseline

Save the current case before changing controls to compare ending balance, lowest balance, and yearly deltas.

Fields: manual entry fields; ending delta: 0; lowest delta: 0

Save a baseline before exact totals can be included. Until then, the handoff contains only field names and zero comparison bands for the current scenario.

Board member next stepTurn this scenario into a board-ready next step.

Send the reserve-planning context and keep the follow-up focused on board decisions.

Plan our next five years

About The Independent

The Independent is a 58-story condominium tower at 301 West Avenue in downtown Austin, completed in 2019. At 690 feet, it is the tallest building in Austin and the tallest residential tower in Texas. Known colloquially as the “Jenga Tower” for its distinctive cantilevered design where the 34th floor extends beyond lower levels, the building contains 370 units across one-bedroom, two-bedroom, three-bedroom, and penthouse configurations. It was developed by Aspen Heights and Constructive Ventures and designed by Rhode Partners.

What we know

  • Units: ~370
  • Year built: 2019
  • Floors: 58 stories (690 ft — tallest in Austin)
  • Monthly HOA dues: $600–$1,500+/mo (varies by floor and unit size)
  • Amenities: 24-hour concierge, infinity-edge heated pool overlooking Lady Bird Lake, fitness center, 34th-floor resident club room, screening room, catering kitchen, conference rooms, secure dog park and grooming station, ground-floor coffee shop and bar
  • Active listings: ~5 units for sale ($895K–$1.85M)
  • Median sale price: ~$1.13M
  • Developer: Aspen Heights Partners, Constructive Ventures, CIM Group
  • Architect: Rhode Partners
  • Management: Worth Ross Management

Reserve health

Reserve health hasn’t been verified for The Independent yet. Before you approve a budget, pay a special assessment, or close on a unit here, Texas law defines exactly what reserve records a condo must keep and what owners can request — see Texas condo reserve funding rules.

The building is relatively new (completed 2019), so the first round of major reserve-funded maintenance is still years out. Buyers should still verify the reserve study and current funding level.

What’s still missing

  • Reserve study date and balance
  • Board roster
  • Special assessment history
  • Community photos

Verification note

This profile is based on the sources named in its profile footer. It has not been board-verified; confirm material facts directly with the association.

Texas laws that apply here

Reserve funding

Texas HOA reserve funding rules, in plain language

Why Texas Property Code Chapter 209 is silent on HOA reserves — meaning the operative reserve obligation lives entirely in the dedicatory instruments, not in state statute — and what that document-driven regime means for a board, owner, or buyer.

Tex. Prop. Code ch. 209 — Texas Residential Property Owners Protection Act

Profile verification status

This profile has not been claimed or verified by the board or property manager. Treat missing details as unknown, and confirm important facts directly with the association before relying on them.

Next step

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