Villas of Stone Glen Real Costs — Read the Reserve Study First

At $515K–$600K+ in Keller, Villas of Stone Glen prices similarly to Ladera at The Reserve in Mansfield — but it is a mature community in its second capital cycle, and the reserve study is the document that separates a good purchase from a budget surprise. Here is the full assembly with that context built in.

Resale Range
$515K–$600K+
Current market range
County
Tarrant
Keller ISD · JPS overlay
HOA
All exterior
Confirm scope + reserves
Key Document
Reserve study
2nd capital cycle risk

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The Mature-Community Ledger

ItemFigureThe Note That Matters
HOACovers all exterior — confirm current scheduleSources describe it as "totally maintenance-free, the responsibility of the HOA." Verify the current fee, three years of budgets, and whether the reserve study is funded at a level that handles roofs and major capital items in the next cycle.
Property tax (rep. $550K, over-65 filed)~$7,500–$8,500/yr after exemptionsKeller ISD in Tarrant County: JPS hospital district adds ~$0.22/$100 to the floating remainder (~$1,200/yr on this value, never freezes). School line dominates and freezes; the $200K shield covers ~36% of this value.
Insurance~$2,800–$3,500/yrThe HOA’s exterior scope may include some structural elements — confirm exactly where the master policy (if any) ends and your HO policy begins. Mature Epcon communities vary on this.
Reserve study readRequired — not optionalA community built in the early-to-mid 2000s entering its second cycle has roofs, HVAC systems, and common-area infrastructure cycling together. An underfunded reserve here means a special assessment with a delivery date — the reserve study is the prospectus.

Assembled monthly at $550K with a well-funded reserve: HOA (estimate $300–$350/mo pending current schedule), tax ~$670, insurance ~$265 — roughly $1,235–$1,285/mo. Decade carry ~$150,000–$165,000. Compare to Ladera at The Reserve in Mansfield at similar pricing but with the Mansfield double freeze protecting a larger share of the bill, and the question becomes whether established Keller trees and a vetted HOA track record are worth the Tarrant-vs-Tarrant tax structure difference. Full community guide: Villas of Stone Glen · Tarrant County taxes

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HOA scope, reserve study, three budgets — in one organized request

The mature-community homework pulled before the established trees close the deal.

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