Parkland Preserve: True Cost of Ownership

CDD $2,390–$3,924/year. HOA $920/year. St. Johns County tax at 13.47 mills. The complete 10-year math at the low and high CDD scenarios.

The D.R. Horton sales sheet for Parkland Preserve shows an HOA of $230 per quarter. That is the number most buyers carry into their monthly budget calculation. The number it does not show — because it appears on your tax bill, not on any builder document — is the CDD ranging from $2,390 to $3,924 per year. At the high end, your annual CDD alone exceeds three and a half times the annual HOA. This guide runs both scenarios across 10 years so you know exactly what you are comparing when you look at this community against alternatives without a CDD.

Year-1 Monthly Cost Breakdown

Cost Item	Annual	Monthly
HOA ($230/qtr)	$920	$77
CDD — low scenario	$2,390	$199
CDD — high scenario	$3,924	$327
Property tax on $425K (year 1)	$5,051	$421
Homeowners insurance (estimate)	$3,500–$4,500	$292–$375
Total non-mortgage (low CDD, mid insurance)	~$11,861	~$989
Total non-mortgage (high CDD, mid insurance)	~$13,395	~$1,116

Why Your CDD Amount Is Not the Brochure NumberD.R. Horton Freedom Series materials sometimes reference a CDD range for the entire community. Your specific lot's CDD is determined by the phase in which it was built and the bond structure for that phase. A home in Phase 1 may carry a higher bond balance than a home in Phase 4. To find your number: pull the parcel at sjcpa.us or ask the seller for two years of tax bills. The CDD line will appear explicitly. Do not close without confirming this figure.

10-Year Total Cost of Ownership

Assumes $425,000 purchase price. Property tax: 13.47 mills, $50K exemption applied year 1; 3% annual SOH cap thereafter. HOA held flat at $920/year. CDD held flat (CDDs can increase — verify). Insurance excluded from projection.

Year	Property Tax	HOA	CDD (Low)	Total Low	CDD (High)	Total High
1	$5,051	$920	$2,390	$8,361	$3,924	$9,895
2	$4,900	$920	$2,390	$8,210	$3,924	$9,744
3	$4,753	$920	$2,390	$8,063	$3,924	$9,597
4	$4,611	$920	$2,390	$7,921	$3,924	$9,455
5	$4,473	$920	$2,390	$7,783	$3,924	$9,317
6	$4,339	$920	$2,390	$7,649	$3,924	$9,183
7	$4,209	$920	$2,390	$7,519	$3,924	$9,053
8	$4,083	$920	$2,390	$7,393	$3,924	$8,927
9	$3,961	$920	$2,390	$7,271	$3,924	$8,805
10	$3,842	$920	$2,390	$7,152	$3,924	$8,686
10-Year Total	$44,222	$9,200	$23,900	$77,322	$39,240	$92,662

The CDD Phase Question — How to Find Your Number

Parkland Preserve was built across multiple phases from 2019 through approximately 2024. The CDD bond structure differs by phase. Here is how to confirm which scenario applies to any specific home:

Go to sjcpa.us and search by address or parcel ID
In the tax detail, look for line items labeled "CDD" or "Community Development District"
The amount shown is the current annual CDD assessment for that parcel
On a resale, request the seller's two most recent tax bills — the CDD line is shown explicitly
On new construction from D.R. Horton, ask the sales team for the CDD disclosure document (they are required to provide it)

What the HOA Covers — and What It Does Not

Parkland Preserve HOA at $230/quarter covers lawn mowing and trimming for your homesite (not just common areas), amenity center maintenance, lifestyle director salary, gated entry maintenance, and dog park upkeep. It does not cover: irrigation system maintenance beyond basic coverage, interior home maintenance, landscaping upgrades, or any capital projects beyond what the reserve fund supports. Request the HOA reserve study to confirm whether reserves are adequately funded for future capital repairs — this matters more on a resale than a new-construction purchase.

Compare to No-CDD Alternatives

Know the CDD on your specific Parkland Preserve lot before you make an offer. The $1,534 annual difference between the low and high scenarios adds up to $15,340 over 10 years.

Connect with a Local Agent →

CDD range $2,390–$3,924 sourced from county parcel records and agent disclosures. HOA $230/quarter confirmed. Property tax at 2025 St. Johns County millage of 13.47 mills. Insurance is estimated range only. 10-year projections assume flat HOA and CDD; both can change. This page is for research purposes only.