4862 Callaghan Rd., San Antonio, TX 78228
Waiting List Forecast: Likely Short or None
Verified for 2024 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $927 - 1,270 per Month† | 1 - 3 Beds | 1 - 2 Baths | 761 - 1,202 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.
Bienvenidos a Majestic Ranch - Welcome to Majestic Ranch Apartments! This community is truly majestic with its distinguished Spanish accents throughout the property such as terracotta clay tile roof, stucco exterior texture, and Talavera inspired tiles. From the moment you step in, you feel as if you’re walking into a grand Spanish hacienda!
This is a premium affordable apartment home community designed to provide housing and recreational facilities for working families and senior citizens. Majestic Ranch residents enjoy 1-, 2-, and 3-bedroom homes equipped with modern finishes and energy-efficient appliances.
This community boasts amenities such as a gated entry, community building, sparkling pool, covered parking, playground, and sport court. Majestic Ranch is also a pet friendly community. Visitenos, hablamos español.
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 Majestic Ranch 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) | 761ft2 | $927† |
| Two Bedroom (2/2) | 982ft2 | $1,106† |
| Three Bedroom (3/2) | 1202ft2 | $1,270† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $30,750 / year | $35,150 / year | $39,550 / year | $43,900 / year | $47,450 / year | $50,950 / year |
| 50% AMI for PBRA Units | $30,750 / year | $35,150 / year | $39,550 / year | $43,900 / year | $47,450 / year | $50,950 / year |
| 60% AMI for LIHTC Units | $36,900 / year | $42,180 / year | $47,460 / year | $52,680 / year | $56,940 / year | $61,140 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Majestic Ranch have a waiting list?
Majestic Ranch 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 Majestic Ranch?
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 Majestic Ranch?
Majestic Ranch is managed by Home Spring Residential Services headquartered in San Antonio, Texas.
In addition to Majestic Ranch, how many other affordable housing properties (and units) are there in San Antonio?
In addition to Majestic Ranch, we list 276 other affordable properties in San Antonio. Learn about these properties here. Our data research shows that there are a total of 34860 affordable units in San Antonio.
When was the Majestic Ranch listing last updated?
Majestic Ranch listing on Affordable Housing Online was last updated on 01/29/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
Housing options for seniors.
Many housing programs have apartments or entire properties restricted to senior residents only, including Section 202 Supportive Housing for the Elderly.Steve Rubin says:
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