Matt Maury, a realtor with Stuart & Maury, which sells a lot of homes in the neighborhood, has a lot of info about the covenants, the architectural guidelines that the Wood Acres Citizens Association tries to enforce and the history of the neighborhood up on his website. See links below.

No, I'm not Matt, but he was the seller's agent when we bought our home in Wood Acres, which is how I know about these links.

Covenants:
https://www.matthewmaury.com/index.php/woodacres/covenants

Architectural guidelines:
https://www.matthewmaury.com/index.php/woodacres/guidelines

Community history:
https://www.matthewmaury.com/index.php/woodacres/history

In wood acres, it is technically called Civic Associations instead of an HOA.
However, it comes with architectural covenants unlike the rest of springfield neighborhood.
The covenants clearly prohibits tear down. And it requires association approval prior to any construction/fencing/addition/modifications.
Not sure if it will hurt wood acres property values over time as the houses were built in 40's and 50's.
They could be turned into 1.5M-2.5M houses easily if tear downs are allowed.