The Preserve at Mustang Creek

1401 County Road 118, Round Rock, TX 78634

Waiting List Forecast: Likely Short or None

check_circleVerified for 2024 by Connor Bailey

Rent	Beds	Baths	SqFt
Call for Rents^†	1 - 2 Beds	1 Bath	-

This property is currently under construction.

The Preserve at Mustang Creek is not just a place to live; it's a community where neighbors become friends, and every day is an opportunity to create lasting memories. The community amenities are designed to cater to your every need. Stay active at the state-of-the-art fitness center and virtual studio, or unwind in the clubhouse equipped with modern conveniences such as a Cafe Kitchen and spacious Activity Room.

At The Preserve, pride is taken in providing residents with a sophisticated living environment that prioritizes both relaxation and entertainment. The spacious 1- and 2-bedroom apartments are crafted with elegance and functionality in mind, featuring high-end finishes, contemporary designs, and an abundance of natural light. Whether you're lounging in the comfort of your own home or enjoying the fresh air on your private patio, every detail has been carefully considered to enhance your living experience.

This community is currently under construction and expected to be completed in Fall 2025.

Dave's Thoughts On The Preserve at Mustang Creek

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 The Preserve at Mustang Creek 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

The Preserve at Mustang Creek Amenities

Fitness Center
Community Room
Clubhouse

Units at The Preserve at Mustang Creek

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	-	Call for Price^†
Two Bedroom (2/1)	-	Call for Price^†

Income Qualification for The Preserve at Mustang Creek

*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 The Preserve at Mustang Creek

Does The Preserve at Mustang Creek have a waiting list?

The Preserve at Mustang Creek 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 The Preserve at Mustang Creek?

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 The Preserve at Mustang Creek?

The Preserve at Mustang Creek is managed by Asset Living Property Management headquartered in Houston, Texas.

In addition to The Preserve at Mustang Creek, how many other affordable housing properties (and units) are there in Round Rock?

In addition to The Preserve at Mustang Creek, we list 108 other affordable properties in Round Rock. Learn about these properties here. Our data research shows that there are a total of 2027 affordable units in Round Rock.

When was the The Preserve at Mustang Creek listing last updated?

The Preserve at Mustang Creek listing on Affordable Housing Online was last updated on 04/25/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.

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