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Annual Assessment

HOA Assessments received from MP Homeowners pay for maintenance of all facilities, 24-hour security, street lights, landscape maintenance, utilities for all facilities, operation of the MP Office, mosquito fogging of the subdivision, insurance for facilities and the HOA, and much more. Towards the end of each financial year (October-September), the Board reviews the present and previous year's expenses and income. The Board uses that review to set the yearly HOA Assessment. There is a budget meeting in July of every year that is open to the members of the Association. In November of every year, there is a complete audit from a reputable, independent and unbaised CPA Firm, who is familiar with HOA Finances.  Homeowners can find PDF copies of all Board Meeting Agendas, Board Meeting Minutes, Governing Documents (ACC Guidelines, CC&Rs, Articles of Incorporation, Bylaws and other filed policy documents), and Annual Budget in the Homeowner Portal. If you would like to request a copy of the Year to Date Budget, Balance Sheet or Income Statement please request via email at This email address is being protected from spambots. You need JavaScript enabled to view it.. 

The yearly HOA Assessment, as provided for in our Covenants, is set by the Board of Directors at the public Board Meeting the first Tuesday of September every year. At the time of closing, all homeowners sign an agreement to become financially responsible for this assessment. During the month of October of each year, statements are mailed to all members for their annual assessment due and payable January 1st of each year. Please mail your payment in the return envelope included with your statement before the due date.  If you do not receive a statement for your assessment, it is YOUR responsibility to contact the MPCA Office at This email address is being protected from spambots. You need JavaScript enabled to view it. or 281-492-2949. Notice of billing and any other pertinent information is published in the news feed of this website and our facebook page. 

The annual association fee for 2025 is $425 and is due on January 1, 2025.

Ways to Pay:  

  •  In Person: Payment by check or money order can be made in the MPCA Office. There is no processing fee for this option. CASH PAYMENTS ARE NOT ACCEPTED IN THE OFFICE. Make checks or money order out to Memorial Parkway Community Association. 
  • Payment Plans: Payment plans are available in the office. Plans will consist of 3-4 monthly payments depending on when a homeowner starts a payment plan.  3 payment option November-$145 down payment, December-$140, and January-$140; 4 payment option October $107, November, December, January $106. You must come into the office prior to December 20, 2024 to get on a payment plan at no charge. After December 20th, there is a $35 charge to get on a payment plan.
  • Pay by Mail: Payment by check or money order can be mailed directly to the MPCA Office, 21600 Cimarron Parkway Katy, TX 77450. You may use the return envelope received with your assessment statement. There is no processing fee for this option. CASH PAYMENTS ARE NOT ACCEPTED BY MAIL. Make checks or money order out to Memorial Parkway Community Association. 
  • Pay Online: Log into your 'Homeowner Portal' or register a new one, and select the yellow 'Make a Payment' button. You can pay by credit/debit card or eCheck, and even set up recurring payments. By choosing to pay online, there will be a small convenience fee charged by Zego, the payment processing company.
  • Pay by Phone: To pay by phone using a debit/credit card, call Zego directly at 1-866-729-5327. Zego is available by phone 24/7 to accept your payment. By choosing to pay by phone, there will be a small convenience fee charged by Zego, the payment processing company.  

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