7011 McKinney Falls Pkwy., Austin, TX 78744
Waiting List Forecast: Likely Short or None
Verified for 2024 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 Beds | 1 - 2 Baths | - |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
Discover the best of active senior living at Limestone Ridge. This brand new pet-friendly apartment community is ideally located in Austin, Texas. Situated just minutes from an array of retail, dining, outdoor recreation, and entertainment destinations, the community’s ideal location in Southeast Austin places you at the heart of it all. With easy access to Interstate 35, you’re only a short drive from the excitement of downtown.
Limestone Ridge has exceptional 1- and 2-bedroom floor plans that are carefully crafted for your satisfaction. Choose from spacious options featuring quality amenities such as an all-electric kitchen, balcony or patio, walk-in closets, and washer and dryer connections. Sure to exceed your expectations, the affordable senior apartments for rent are matchless in affordability and efficiency. With a unique combination of style and comfort, this community is the perfect place to call home.
This community is dedicated to providing an atmosphere of relaxation and enjoyment. The senior residents have access to a fantastic selection of premium community amenities including a swimming pool, clubhouse, and business center. Experience the active adult lifestyle you’ve been dreaming of at Limestone Ridge Senior Living apartments in Austin, TX. Be a part of the excitement!
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Limestone Ridge Senior Living does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | 650-766ft2 | Call for Price† |
| Two Bedroom (2/2) | 943-1044ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 30% AMI for PBRA Units | $24,550 / year | $28,050 / year | $31,550 / year | $35,050 / year |
| 50% AMI for LIHTC Units | $40,900 / year | $46,750 / year | $52,600 / year | $58,400 / year |
| 50% AMI for PBRA Units | $40,900 / year | $46,750 / year | $52,600 / year | $58,400 / year |
| 60% AMI for LIHTC Units | $49,080 / year | $56,100 / year | $63,120 / year | $70,080 / year |
| 80% AMI for PBRA Units | $65,450 / year | $74,800 / year | $84,150 / year | $93,450 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Limestone Ridge Senior Living have a waiting list?
Limestone Ridge Senior Living probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Limestone Ridge Senior Living?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
What property management company manges Limestone Ridge Senior Living?
Limestone Ridge Senior Living is managed by Mayfair Management Group headquartered in Boca Raton, FL.
In addition to Limestone Ridge Senior Living, how many other affordable housing properties (and units) are there in Austin?
In addition to Limestone Ridge Senior Living, we list 207 other affordable properties in Austin. Learn about these properties here. Our data research shows that there are a total of 28587 affordable units in Austin.
When was the Limestone Ridge Senior Living listing last updated?
Limestone Ridge Senior Living listing on Affordable Housing Online was last updated on 01/29/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
Wait until you have a Section 8 voucher to find housing.
It usually takes months or years to reach the top of a Section 8 HCV waiting list. Any apartments you see now will likely not be available when you get your voucher.Dawn Cournoyer says:
"Affordable Housing Online is a great resource! The site gives people a great place to search for housing list openings."