Parmore Arcadia Trails

1501 Mercury Rd, Balch Springs, TX 75181

Waiting List Forecast: Likely Short or None

check_circleVerified for 2023 by Connor Bailey, Colleen Carter
Rent Beds Baths SqFt
Call for Rents 1 - 2 Beds 1 - 2 Baths 698 - 950 Sq Ft
check_circle  Near Elderly (55+)
check_circle  Pets Allowed
check_circle  Affordable

Waitlist Forecast

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.

Parmore Arcadia Trails is a 55+ community that offers 1-bedroom and 2-bedroom apartment homes with each unit featuring a fully-equipped kitchen. Property amenities include a resident club room, business center, fitness center, crafting room, library, Amazon package lockers, private dog park, on-site laundry facility, resort-style swimming pool with outdoor courtyard & grilling area, pickleball court, and a putting green. 

Dave's Thoughts On Parmore Arcadia Trails

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 Parmore Arcadia Trails 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, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Parmore Arcadia Trails Amenities

  • Fitness Center
  • Community Room
  • Business Center
  • Clubhouse
  • Library
  • Grilling Area
  • Swimming pool
  • Sport Court
  • On-Site Laundry
  • Dog Park

Units at Parmore Arcadia Trails

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 698ft2 Call for Price
Two Bedroom (2/2) 950ft2 Call for Price

Income Qualification for Parmore Arcadia Trails

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people
50% AMI for LIHTC Units $36,100 / year $41,250 / year $46,400 / year $51,550 / year
50% AMI for PBRA Units $36,100 / year $41,250 / year $46,400 / year $51,550 / year
60% AMI for LIHTC Units $43,320 / year $49,500 / year $55,680 / year $61,860 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Parmore Arcadia Trails

Does Parmore Arcadia Trails have a waiting list?

Parmore Arcadia Trails 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 Parmore Arcadia Trails?

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 Parmore Arcadia Trails?

Parmore Arcadia Trails is managed by Asset Living Property Management headquartered in Houston, Texas.

In addition to Parmore Arcadia Trails, how many other affordable housing properties (and units) are there in Balch Springs?

In addition to Parmore Arcadia Trails, we list 9 other affordable properties in Balch Springs. Learn about these properties here. Our data research shows that there are a total of 1563 affordable units in Balch Springs.

When was the Parmore Arcadia Trails listing last updated?

Parmore Arcadia Trails listing on Affordable Housing Online was last updated on 09/18/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Parmore Arcadia Trails

3 Springs Apartments

4520 Ambassador Way, Balch Springs, Texas 75180

bed 1-3
payment $1080-1513/mo.
switch_access_shortcut Short Wait

Spring Oaks Apartments

4317 Shepherd Ln, Balch Springs, Texas 75180

bed 1-3
switch_access_shortcut Short Wait
accessibility Accessible

Villas of Hickory Estates

3211 Hickory Tree Rd, Balch Springs, Texas 75180

switch_access_shortcut Short Wait
accessibility Accessible

Forestwood Apartment Homes

4011 S Beltine Rd, Balch Springs, Texas 75181

bed 1-3
payment $1037-1447/mo.
switch_access_shortcut Short Wait

Timbers at Hickory Tree

3401 Hickory Tree Rd, Balch Springs, Texas 75180

bed 1-3
payment $1115-1531/mo.
switch_access_shortcut Short Wait

Torrington Arcadia Trails

1001 Mercury Rd., Balch Springs, Texas 75181

bed 1-3
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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