Since the 1960s, developers in the Las Vegas Valley have been building alternative communities to single-family homes, like Tera II Condos.
A favorite of many due to their low-maintenance upkeep and wide array of offerings, condos and townhomes continue to be built today even by recognizable national home builders like Lennar.
While the purchase price of townhomes and condos is appealing compared to single-family homes, these neighborhoods often carry higher monthly HOA fees. For Tera II Condos, the HOA dues are $155 Monthly.
This post provides more detail on Tera II Condos, including a breakdown of HOA costs and the amenities offered, if any. You can also explore the parks near Tera II Condos, which聽schools are zoned for Tera II Condos, the surrounding communities and neighborhoods, and more details of what defines a condominium and townhome.
About Tera II Condos
Built in 1999, Tera II Condos is a gated community with a two-story design. The community is located in the 89122 zip code of Las Vegas.
Although less common for condos and townhomes, many neighborhoods in Las Vegas are part of a larger master-planned community. Tera II Condos is part of .
One of the top draws of living in a Condominium is the amenities they offer. Tera II Condos features HOA management, and guest parking. If a garage is essential, it’s important to note, Tera II Condos does not have garages.
The Clark County Assessor office recognizes the legal name of the community as Infinity Palms 2 Condo.
Tera II Condos HOA dues
A homeowners association is responsible for the management and upkeep of a neighborhood. With it comes a set of rules and regulations called CC&Rs which stands for covenants, conditions, and restrictions. Homes in managed communities also pay HOA dues.
Since Tera II Condos is part of a homeowners association, the dues are $155 Monthly. With No Master-Planned Community, the total dues for Tera II Condos are $155.
When purchasing in an HOA community, you receive an HOA resale package that explains the rules, regulations, and upkeep. With Tera II Condos having $155聽in dues, here’s a look at the professionally maintained features of the neighborhood:
- Common area landscaping: No
- Security(roving or gated): No
- Gated grounds: Yes
- Maintenance: No
- Common area taxes: No
For more information regarding the HOA (if applicable), you can contact the managing association Tera HOA at 702-262-9091.
School zoning for Tera II Condos
School zoning can change from neighborhood to neighborhood. Children living in Tera II Condos are zoned for the following schools:
- High School: Basic Academy
- Junior High: Cortney Francis
- Elementary School K-2: Whitney
- Elementary School 3-5: Whitney
The has a mix of year-round or 9-month elementary school classes. The elementary schools zoned for Tera II Condos are nine months, not year-round.
What’s the difference between Townhomes And Condominiums?
You likely recognize condominiums and townhouses by their style of construction. Condos are built-in apartment-style buildings, while townhouses resemble a traditional detached homes.
The key聽difference between owning a condo and a townhouse聽is how you hold the title. With condominium ownership, you own the space inside the walls. When you own a townhouse, you own it fee simple, which means you own the structure and land beneath it.
What are the benefits of owning a condo or townhouse?
One key benefit of a condo is they are often more affordable than traditional detached homes and townhouses. Condos also offer a sense of community and can be an excellent option for people who don鈥檛 want to worry about maintaining a yard.
In fact, in most condo and townhome communities, the association is responsible for the roofing and exterior of the property.
