Villas of Hickory Estates

3211 Hickory Tree Rd, Balch Springs, TX 75180

Waiting List Forecast: Likely Short or None

check_circleVerified for 2018 by Colleen Carter, Joshua Cappell

Rent	Beds	Baths	SqFt
Call for Rents^†	Floorplan Info Upon Request	-	-

Call (972) 913-0711 Email

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.

Villas of Hickory Estates is a beautifully designed community exclusively for independent adults 55 years and better. There are 1-bedroom and 2-bedroom units that each feature personal entrances, central heat/air, washer and dryer connections, linen closets, and a dishwasher. Community amenities include a clubhouse, fitness center, business center, library, hair salon, resident garden, swimming pool, and theater room. Villas of Hickory Estates offers planned resident activities and 24-hour emergency maintenance.

Dave's Thoughts On Villas of Hickory Estates

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 Villas of Hickory Estates 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

Villas of Hickory Estates Amenities

Fitness Center
Community Room
Business Center
Library
Pool
Covered Parking
Gated Community
Handicapped Accessible
Dishwasher
Microwave
Community Garden
Central Heat & Air
24 Hour Maintenance
Full-Size Washer & Dryer Connections

Income Qualification for Villas of Hickory Estates

*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 Villas of Hickory Estates

Does Villas of Hickory Estates have a waiting list?

Villas of Hickory Estates 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 Villas of Hickory Estates?

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 Villas of Hickory Estates?

Villas of Hickory Estates is managed by Quest Asset Management headquartered in Dallas, Texas.

In addition to Villas of Hickory Estates, how many other affordable housing properties (and units) are there in Balch Springs?

In addition to Villas of Hickory Estates, 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.