451 Philomena Dr., Kyle, TX 78640
Waiting List Forecast: Likely Short or None
Verified for 2024 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 4 Beds | 1 - 2.5 Baths | 870 - 1,919 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.
If you’re looking for an incredible and affordable space to call home, look no further! Balcones Trails is an apartment community located in Kyle, TX, only 20 miles southwest of downtown Austin. This community offers 1-, 2-, 3-, and 4-bedroom floor plans, all with first-class amenities. Each apartment includes a modern kitchen, full-size washer and dryer, hardwood-style flooring, a covered patio, or balcony and much more!
As a resident, you’ll enjoy an array of community amenities including an outdoor swimming pool, state-of-the-art fitness center, BBQ grills and business center. This community also hosts monthly resident events so you can socialize with your neighbors. Right off the I-35 corridor between Austin and San Antonio, Balcones Trails is ideal for those who prefer suburban living but still want easy access to the hustle and bustle of the city. From entertainment to the outdoors, you won’t be disappointed with what this desirable location has to offer.
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 Balcones 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 Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | 870ft2 | Call for Price† |
| Two Bedroom (2/2) | 1089ft2 | Call for Price† |
| Three Bedroom (3/2) | 1525ft2 | Call for Price† |
| Four Bedroom (4/2.5) | 1919ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 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 |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Balcones Trails have a waiting list?
Balcones 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 Balcones 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 Balcones Trails?
Balcones Trails is managed by Solidago Residential Services headquartered in Austin, TX.
In addition to Balcones Trails, how many other affordable housing properties (and units) are there in Kyle?
In addition to Balcones Trails, we list 162 other affordable properties in Kyle. Learn about these properties here. Our data research shows that there are a total of 1065 affordable units in Kyle.
When was the Balcones Trails listing last updated?
Balcones Trails listing on Affordable Housing Online was last updated on 04/04/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
510 Kohlers Crossing, Kyle, Texas 78640
101 Post Road Circle, Kyle, Texas 78640
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