Hidden Glen is the newest senior development located in Salado, Texas. It is a leasing community for individuals age 55 and older. At present there is no waiting list and model apartments are available to be viewed now.
Each apartment includes washer and dryer hook-ups, window coverings and a kitchen that includes a range/oven, microwave, garbage disposal and dishwasher. A 1 bedroom/1bath apartment is 710 square-feet with rent that is $565 per month. A 2-bedroom/2 bath apartment is 850 square feet and the rent is $665 per month. Residents are responsible for all utilities, including power and water. Phone, cable and Internet is up to the individual.
The property also contains a furnished community building with a kitchen, business center, fitness center, covered outdoor gathering area, community garden and a walking trail. Hidden Glen is the ideal choice for seniors seeking a relaxing, friendly and comfortable community. Certain age and income restrictions apply.
|One Bedroom (1/1)||710||$565|
|Two Bedroom (2/2)||850||$665|
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.
Hidden Glen is managed by Fairway Management, Inc..