11 Texas condo owners pay $800 per month in HOA fees 5 years after a fire destroyed units they've yet to return to
The fire may be long extinguished, but for these condo owners, the financial fallout is still happening.
For most people, losing a home to a fire is a life-altering event. There's the shock of losing your belongings, the scramble to find somewhere else to live, and the uncertainty over when — or even whether — you'll be able to rebuild.
For a group of Texas condo owners, that uncertainty has dragged on for more than five years.
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A fire tore through Bayfront Towers, a 75-unit complex in Nassau Bay in March 2021 and destroyed 11 condos while damaging 26 others.
According to reports , 11 owners are still waiting to move back in. In the meantime, they're still on the hook for HOA fees and, in some cases, hefty special assessments.
One owner, Sarah Arends, summed up the pace of the rebuilding: "I don't know what he [the contractor is] doing; he's just pooping along."
Arends' first-floor condo was among those apartments destroyed in the fire. She had bought the unit three years earlier as part of her retirement plans.
Unfortunately, she's spent the past five years paying for a home she can't use.
Arends told Fox 26 Houston in August that she still pays close to $800 a month in HOA fees, or roughly $10,000 a year. She's also been hit with $38,000 in special assessments to help pay for reconstruction.
All told, Arends estimates she's spent about $80,000 on the property since the fire while also paying to rent somewhere else.
The association has raised more than $2.8 million in special assessments since the fire, after insurance payouts were exhausted during the first two years of rebuilding. And the rebuilding itself hasn't exactly moved at lightning speed.
The HOA says it took 18 months to get approval to rebuild at the existing elevation. After that came architectural delays. The project was supposed to be finished by May 2026. Instead, the HOA says the contractor is now more than a year behind schedule, and the board is working to bring in a new general contractor with the goal of getting owners back into their units by the end of 2026.
"We don't know if it's going to be a month, a year, five years, we don't know," Arends told Fox 26.
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