Elgin Meadow Park Apartments

401 N Highway 95, Elgin, TX 78621

Waiting List Forecast: Likely Long or Closed for Rent Assisted units, and Likely Short or None for other affordable units

check_circleVerified for 2022 by Connor Bailey, Colleen Carter, Joshua Cappell
Rent Beds Baths SqFt
Call for Rents 1 - 2 Beds 1 Bath -
check_circle  Project-Based Rental Assistance

Waitlist Forecast

Since this property is a USDA 515 and LIHTC property that might have rental assistance for some or all units, there might be seperate or split waiting lists for rental assistance and non-rental assistance units. In this case, the rental assistance waiting list can be much longer than properties without rental assistance. The non-rental assistance units waiting list is likely much shorter or it may not have a waiting list at all. 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.

Elgin Meadow Park is an affordable community offering 1-bedroom and 2-bedroom apartment homes. Each unit features a fully-equipped kitchen with pantry and wood plank vinyl floors throughout the apartment. Elgin Meadow Park is conveniently located near many local schools, shopping, and dining options. The community is only a 25 mile drive to Austin with easy access to US-290.

Dave's Thoughts On Elgin Meadow Park Apartments

Because it participates in the USDA Section 515 Rural Rental Housing program, Elgin Meadow Park Apartments is likely located in a rural community and may be one of only a few rental housing choices in the area. To qualify for residency in a Section 515 property, you must earn 80% or less of Area Median Income (AMI). However, this property also participates in the LIHTC program. 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 also participates in USDA's Section 521 Rental Assistance program, residents who earn 50% of the AMI or less may qualify for a subsidy that limits your rent payment to 30% of your income. The Section 521 subsidy may be attached to all or just some of the units. Since this property has benefited from the LIHTC program, it is likely to be in better condition and offer more amenities than other Section 515 properties. These properties are almost always owned and managed by private/corporate owners or nonprofits. If you live in a rural area and need help paying your rent, this property may be good for you.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Elgin Meadow Park Apartments Amenities

  • On-Site Manager
  • Close to Dining
  • Near Schools
  • Carpet
  • Kitchen Pantry
  • Spacious floor plans
  • Near Shopping
  • Fully Equipped Kitchen
  • Close to Entertainment
  • Faux Wood Floors
  • On-Site Laundry

Units at Elgin Meadow Park Apartments

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) - Rent is Based On Your Income
Two Bedroom (2/1) - Rent is Based On Your Income

Income Qualification for Elgin Meadow Park Apartments

*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 $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

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

FAQs for Elgin Meadow Park Apartments

Does Elgin Meadow Park Apartments have a waiting list?

Elgin Meadow Park Apartments probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Elgin Meadow Park Apartments?

We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.

What property management company manges Elgin Meadow Park Apartments?

Elgin Meadow Park Apartments is managed by Hamilton Valley Management headquartered in Burnet, Texas.

In addition to Elgin Meadow Park Apartments, how many other affordable housing properties (and units) are there in Elgin?

In addition to Elgin Meadow Park Apartments, we list 28 other affordable properties in Elgin. Learn about these properties here. Our data research shows that there are a total of 160 affordable units in Elgin.

When was the Elgin Meadow Park Apartments listing last updated?

Elgin Meadow Park Apartments listing on Affordable Housing Online was last updated on 11/29/2022 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Elgin Meadow Park Apartments

Parkview Apartments

405 N Hwy 95, Elgin, Texas 78621

bed 2
payment $1150/mo.

513 Central Ave

513 Central Ave, Elgin, Texas 78621

bed 3
payment $1600/mo.

186 Tillage Rd

186 Tillage Rd, Elgin, Texas 78621

bed 3
payment $1895/mo.

148 Vicksburg Loop

148 Vicksburg Loop, Elgin, Texas 78621

bed 3
payment $1800/mo.

415 Martin Luther King Blvd

415 Martin Luther King Blvd, Elgin, Texas 78621

bed 2
payment $1395/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

212 Monterrey St Unit B

212 Monterrey St Unit B, Elgin, Texas 78621

bed 3
payment $1295/mo.
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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