Five-year reserve planning My HOA Budget

Dallas, Texas condo association

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Museum Tower

Museum Tower is a condo association in Dallas, Texas. This profile tracks monthly dues $2,500–$5,200/mo, 115 units, built in 2013, reserve study status not yet verified, along with amenities, reserve questions, and do...

condo Public records Reserve health: No study on record Browse Dallas communities Texas reserve laws

Profile 56% complete — board members can fill in the rest

HOA dues, reserve study, and community facts

Units 115
Year built 2013
Monthly dues $2,500–$5,200/mo
Reserve health Check my risk
Active listings 12

Amenities

PoolGymSpaDog parkConciergeElevatorParking garageClubhouseRooftopBusiness center

Board and management

No board listed — who's managing your dues?

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Reserve study and funding

Museum Tower has no reserve study on record. Without one, there's no way to know if dues cover what's coming.

Check what's missing

5-year outlook

Will you get hit with a special assessment?

Special assessments can run into thousands per unit when major work outruns reserves. We model that risk for Museum Tower based on reserve health, building age, and Texas requirements — so you see it coming before the board votes.

Special assessment risk Planned dues increases Reserve shortfall forecast
I am a...

Values used: scaled defaults where community data is unknown — starting reserve (scaled from unit count at $15k/unit); annual opex (scaled from revenue at 84%).

Try it on a typical condo

A mid-size urban condo, five years out

Starting reserve $1.5M · $500K/yr dues revenue · $420K/yr operating expenses · $1.5M of reserve-study capital work over five years. Switch on the levers your board actually controls and watch where the reserve lands.

5-year ending reserve$3.92MPlan is healthy
$0HEALTHY TARGET · $1.0M202620272028202920302031$3.9M
Annual dues increase+5% compounding · $3.45M/yr → $4.40M/yr by 2031
5%
Operating expense growth+4% YoY · insurance, vendors, utilities · $2.90M/yr → $3.53M/yr by 2031
4%
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 Museum Tower

Museum Tower is a 42-story ultra-luxury condominium building in the Dallas Arts District, completed in January 2013. Rising above Klyde Warren Park and adjacent to major cultural institutions, the tower contains approximately 115 residences ranging from 1,650 to 8,700 sq ft. Units feature floor-to-ceiling glass windows and select homes have direct elevator access. The building is known for its striking glass architecture and is an iconic fixture of the Dallas skyline.

What we know

  • Units: ~115
  • Year built: 2013
  • Floors: 42 stories
  • Monthly HOA dues: ~$2,500–$5,200/mo ($0.87/sq ft; varies by unit size)
  • HOA covers: All facilities, management, gas, insurance, ground maintenance, structural maintenance, pest control, sewer, security, trash, utilities, water
  • Amenities: 80-foot pool with spa and fire pit, 24/7 valet and concierge, butler service, fitness center and movement studio, two owner’s lounges, terrace lounge, club room/conference room, gallery space, two guest suites, private dog park and grooming facility, outdoor fireplace and cooking area, great lawn, two house cars
  • Active listings: ~12 units for sale
  • List price range: $2.5M–$5.9M (avg $1,308/sq ft)

Reserve health

Reserve health hasn’t been verified for Museum Tower 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.

Given the high per-unit dues that cover extensive services, buyers should still verify the reserve study and funding level.

What’s still missing

  • Median sale price (individual sales vary widely)
  • Management company name
  • Reserve study date and balance
  • Board roster
  • Special assessment history
  • Community photos

For board members

If you serve on this board, you can claim this page to add reserve data, board roster, and community photos.

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

Is this your community?

Board members and property managers can claim this page to add photos, amenities, board roster, and reserve details. Make Museum Tower look as good online as it does in person.

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Next step

Need documents from Museum Tower?

We can help you request reserve studies, budgets, and meeting minutes. Pick the option that fits.

I own here — request documents I'm buying — request documents