7600 E Houston Rd, Houston, TX 77028
Waiting List Forecast: Likely Short or None
Verified for 2023 by Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $664 - 1,116 per Month† | 1 - 3 Beds | 1 - 2 Baths | 850 - 1,185 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.
HOME SWEET HOME IN HOUSTON, TX
Are you looking for the apartment home of your dreams? Villas at Colt Run is an amazing income-based apartment community in Houston, Texas. With restaurants, entertainment hotspots, and abundant shopping just minutes away, everything you could ever want is within close reach. A convenient location ensures that your commute will be a breeze. Come discover the opportunities waiting for you at Villas at Colt Run!
Villas at Colt Run is proud to offer the best income-restricted apartments for rent in the business. Choose from a spacious and unique floor plans with one, two, or three bedroom options. Residences features include 9-foot ceilings, washer and dryer connections, and energy-efficient appliances. Living space is increased with a balcony or patio, perfect for relaxing. They're primary goal is to provide our residents a lifestyle of comfort and enjoyment.
Because Villas at Colt Run participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, 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) | 850ft2 | $664 $812† |
| Two Bedroom (2/2) | 1072ft2 | $805 $983† |
| Three Bedroom (3/2) | 1185ft2 | $910 $1,116† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $32,650 / year | $37,300 / year | $41,950 / year | $46,600 / year | $50,350 / year | $54,100 / year |
| 50% AMI for PBRA Units | $32,650 / year | $37,300 / year | $41,950 / year | $46,600 / year | $50,350 / year | $54,100 / year |
| 60% AMI for LIHTC Units | $39,180 / year | $44,760 / year | $50,340 / year | $55,920 / year | $60,420 / year | $64,920 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Villas at Colt Run have a waiting list?
Villas at Colt Run 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 at Colt Run?
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 at Colt Run?
Villas at Colt Run is managed by Capstone Real Estate Services, Inc. headquartered in Austin, Texas.
In addition to Villas at Colt Run, how many other affordable housing properties (and units) are there in Houston?
In addition to Villas at Colt Run, we list 328 other affordable properties in Houston. Learn about these properties here. Our data research shows that there are a total of 51825 affordable units in Houston.
When was the Villas at Colt Run listing last updated?
Villas at Colt Run listing on Affordable Housing Online was last updated on 01/02/2023 by Lorena Bentley. Remember, a property's status can change so you should contact the property to confirm.
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