1700 Teri Road, Austin, TX 78744
Waiting List Forecast: Likely Short or None
Verified for 2024 by Connor Bailey, Company Admin, Colleen Carter| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 3 Beds | 1 - 2 Baths | 731 - 1,300 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.
LIMITED TIME OFFER: Check out our NEWLY REDUCED RENTS, plus apply today and receive $2,000! *Some restrictions may apply.
Multi-Million Dollar Renovation Underway! Capitol Crossing, formerly known as Woodway Square, sets the standard for affordable living in Austin Texas. When you select one of our 1, 2, or 3-bedroom pet-friendly apartments, you get a place to proudly call home. Each one of our floor plans has been thoughtfully designed and is fully equipped with brand-new appliance packages, granite countertops, and modern finishes throughout. To complete your experience, our community offers a freshly renovated clubhouse, new outdoor playground, and activity center as well as an attentive management and maintenance team happy to assist you.
Your new home at 1700 Teri Road crowns your experience and puts you right at the center of it all. Situated off I-35 and Teri Road only minutes away from downtown Austin, getting to destinations such as Austin-Bergstrom Airport, downtown Austin and H-E-B is a breeze. Not to mention, your commute has never been easier, with all the top schools and employers like the University of Texas, Austin, Texas Capitol, and Samsung Austin Semiconductor located right nearby.
These newly renovated Franklin Park apartments in Austin, TX, are up for grabs, so come visit and claim the one you love today!
Call (512) 646-6093 today!
*Capitol Crossing participates in an affordable housing program. Household income & student status limitations apply. Please call for more details.
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 Capitol Crossing Apartments 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 (A1, A2 & A3) (1/1) | 731ft2 | Call for Price† |
| One Bedroom (A4) (1/1) | 773ft2 | Call for Price† |
| One Bedroom (A5) (1/1) | 791ft2 | Call for Price† |
| Two Bedroom (B4 & B5) (2/2) | 1006ft2 | Call for Price† |
| Two Bedroom (B6) (2/2) | 1042ft2 | Call for Price† |
| Two Bedroom (B1, B2 & B3) (2/2) | 999ft2 | Call for Price† |
| Three Bedroom (C1) (3/2) | 1241ft2 | Call for Price† |
| Three Bedroom Townhome (C2) (3/2) | 1290ft2 | Call for Price† |
| Three Bedroom (C3, C4 & C5) (3/2) | 1300ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $24,550 / year | $28,050 / year | $31,550 / year | $35,050 / year | $37,900 / year | $40,700 / year | $45,420 / year | $50,560 / year |
| 50% AMI for LIHTC Units | $40,900 / year | $46,750 / year | $52,600 / year | $58,400 / year | $63,100 / year | $67,750 / year | $72,450 / year | $77,100 / year |
| 50% AMI for PBRA Units | $40,900 / year | $46,750 / year | $52,600 / year | $58,400 / year | $63,100 / year | $67,750 / year | $72,450 / year | $77,100 / year |
| 60% AMI for LIHTC Units | $49,080 / year | $56,100 / year | $63,120 / year | $70,080 / year | $75,720 / year | $81,300 / year | $86,940 / year | $92,520 / year |
| 80% AMI for PBRA Units | $65,450 / year | $74,800 / year | $84,150 / year | $93,450 / year | $100,950 / year | $108,450 / year | $115,900 / year | $123,400 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Capitol Crossing Apartments have a waiting list?
Capitol Crossing Apartments 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 Capitol Crossing Apartments?
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 Capitol Crossing Apartments?
Capitol Crossing Apartments is managed by Dominium headquartered in Plymouth, MN.
In addition to Capitol Crossing Apartments, how many other affordable housing properties (and units) are there in Austin?
In addition to Capitol Crossing Apartments, we list 214 other affordable properties in Austin. Learn about these properties here. Our data research shows that there are a total of 29866 affordable units in Austin.
When was the Capitol Crossing Apartments listing last updated?
Capitol Crossing Apartments listing on Affordable Housing Online was last updated on 04/17/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
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