505 Sunset Dr., Lindale, TX 75771
Waiting List Forecast: Likely Short or None
Verified for 2022 by Connor Bailey, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $395 - 1,100 per Month† | 1 - 2 Beds | 1 - 2 Baths | 750 - 1,000 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.
Introducing Legacy Trails of Lindale. This community is brand new to lovely Lindale, Texas and offer superior 55+ senior living apartments. Strategically established a short drive away from Interstate 20, commuting is seamless. This community is in proximity to fine dining, superb shopping, and thrilling entertainment. This community brings comfort and convenience complemented by Lindale’s small-town charm.
This community is excited to present spacious 1- and 2-bedroom layouts. The apartments are carefully crafted with each resident in mind. Features include an all-electric kitchen complete with a dishwasher and refrigerator, extra storage, stunning hardwood floors, large walk-in closets, central air and heating, and a washer and dryer. Be sure to bring home your pets, since this is a pet-friendly senior community.
Legacy Trails of Lindale provides essential community amenities that are sure to impress. You can visit the welcoming clubhouse or stay connected in the business center. Residents love spending an afternoon in the shimmering swimming pool or getting a quick workout in the state-of-the-art fitness center. This brand new community will surpass your expectations.
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 Legacy Trails of Lindale 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. 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 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) | 750ft2 | $395 $925† |
| Two Bedroom (2/2) | 1000ft2 | $463 $1,100† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $29,100 / year | $33,250 / year | $37,400 / year | $41,550 / year |
| 50% AMI for PBRA Units | $29,100 / year | $33,250 / year | $37,400 / year | $41,550 / year |
| 60% AMI for LIHTC Units | $34,920 / year | $39,900 / year | $44,880 / year | $49,860 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Legacy Trails of Lindale have a waiting list?
Legacy Trails of Lindale 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 Legacy Trails of Lindale?
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 Legacy Trails of Lindale?
Legacy Trails of Lindale is managed by Mayfair Management Group headquartered in Boca Raton, FL.
In addition to Legacy Trails of Lindale, how many other affordable housing properties (and units) are there in Lindale?
In addition to Legacy Trails of Lindale, we list 9 other affordable properties in Lindale. Learn about these properties here. Our data research shows that there are a total of 180 affordable units in Lindale.
13780 CR 4198, Lindale, Texas 75771
16100 Rolling Meadows Dr Unit 16100, Lindale, Texas 75771
16130 Rolling Meadows Dr Unit 16130, Lindale, Texas 75771
16131 Rolling Meadows Dr Unit 16131, Lindale, Texas 75771
16121 Rolling Meadows Dr Unit 16121, Lindale, Texas 75771
Do you have little or no income?
Be aware that some housing assistance programs have a minimum income requirement, such as Low-Income Housing Tax Credit aparments.Takesha Powell says:
"Affordable Housing Online is a great resource that provides a lot of helpful links to get low-income and affordable housing."