5605 Springdale Road, Austin, TX 78723
Waiting List Forecast: Likely Short or None
Verified for 2023 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $1,188 - 1,637 per Month† | 1 - 3 Beds | 1 - 2 Baths | 671 - 1,120 Sq Ft |
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.
Come visit Reserve at Springdale Apartments and find your new home today! Reserve at Springdale Apartments offers inviting 1-, 2-, and 3-bedroom apartments. No matter which you choose, you’ll find spacious living areas, generous storage space, washer/dryer connections, and a fully-equipped kitchen creating the ideal space for both relaxing and entertaining. Enjoy the many amenities including a resort-style swimming pool, playground, and fitness center with free fitness classes! The welcoming clubhouse features a business center. For your convenience, this is a gated community and offer central air and carports.
Reserve at Springdale Apartments is as convenient as it is comfortable! This community is central to several area schools and employers in Austin, including Austin Independent School District, Austin Community College, University of Texas at Austin, Amazon, and Spectrum. Reserve at Springdale Apartments is also close to several shopping, dining, and entertainment options, such as Springdale Shopping Center, H-E-B Grocery, Moonlit Pizza, Simon's Burger, Windsor Park, Little Walnut Creek Greenbelt, and Walter E. Long Park. The convenient proximity to 183 Toll, Highway 290, and I-35 gives you easy access to all that the area has to offer.
Reserve at Springdale Apartments is a pet-friendly community, gladly accepting both cats and dogs! Bring your furry friend in today and find the perfect home for you both.
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 The Reserve at Springdale 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. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes. 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) | 671ft2 | $1,188† |
| Two Bedroom (2/2) | 902ft2 | $1,421† |
| Three Bedroom (3/2) | 1120ft2 | $1,637† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $40,900 / year | $46,750 / year | $52,600 / year | $58,400 / year | $63,100 / year | $67,750 / year |
| 50% AMI for PBRA Units | $40,900 / year | $46,750 / year | $52,600 / year | $58,400 / year | $63,100 / year | $67,750 / year |
| 60% AMI for LIHTC Units | $49,080 / year | $56,100 / year | $63,120 / year | $70,080 / year | $75,720 / year | $81,300 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does The Reserve at Springdale have a waiting list?
The Reserve at Springdale 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 The Reserve at Springdale?
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 The Reserve at Springdale?
The Reserve at Springdale is managed by Apartment Management Professionals (AMP) headquartered in Austin, TX.
In addition to The Reserve at Springdale, how many other affordable housing properties (and units) are there in Austin?
In addition to The Reserve at Springdale, 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 The Reserve at Springdale listing last updated?
The Reserve at Springdale listing on Affordable Housing Online was last updated on 11/21/2023 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.Kara Qualls says:
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