Asbury Place

1350 Wonder World Dr, San Marcos, TX 78666

Waiting List Forecast: Likely Short or None

check_circleVerified for 2024 by Amber Laird, Colleen Carter
Rent Beds Baths SqFt
$1,200 - 1,425 per Month 2 - 3 Beds 2 Baths 1,036 - 1,292 Sq Ft
check_circle  Accepts Section 8 Housing Choice Vouchers (HCV)
check_circle  Pets Allowed
check_circle  Affordable

Waitlist Forecast

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.

Asbury Place Townhomes offers 2-bedroom and 3-bedroom townhomes in San Marcos, TX. Each unit includes a split-level floor plan with large kitchens, ceiling fans, and a washer/dryer.The community is conveniently located near shopping, dining, and entertainment and with easy access to I-35 and Texas Hwy 123. On-site amenities include a fitness center, clubhouse, basketball court, and playground.

Dave's Thoughts On Asbury Place

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 Asbury Place 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, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Asbury Place Amenities

  • Fitness Center
  • Playground
  • Basketball Court
  • Clubhouse
  • 24hr Emergency Maintenance
  • Microwave
  • Washer and Dryer Hookup
  • Private Entrance
  • Large Closets

Units at Asbury Place

Unit (Bd/Ba) Ft2 Rent
Two Bedroom (2/2) 1036ft2 $1,200 $1,250
Three Bedroom (3/2) 1292ft2 $1,375 $1,425

Income Qualification for Asbury Place

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 2 people 3 people 4 people 5 people 6 people 7 people
50% AMI for LIHTC Units $46,750 / year $52,600 / year $58,400 / year $63,100 / year $67,750 / year $72,450 / year
50% AMI for PBRA Units $46,750 / year $52,600 / year $58,400 / year $63,100 / year $67,750 / year $72,450 / year
60% AMI for LIHTC Units $56,100 / year $63,120 / year $70,080 / year $75,720 / year $81,300 / year $86,940 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Asbury Place

Does Asbury Place have a waiting list?

Asbury Place 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 Asbury Place?

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 Asbury Place?

Asbury Place is managed by The Michaels Organization headquartered in Camden, NJ.

In addition to Asbury Place, how many other affordable housing properties (and units) are there in San Marcos?

In addition to Asbury Place, we list 196 other affordable properties in San Marcos. Learn about these properties here. Our data research shows that there are a total of 3428 affordable units in San Marcos.

When was the Asbury Place listing last updated?

Asbury Place listing on Affordable Housing Online was last updated on 05/29/2024 by Amber Laird. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Asbury Place

Riverview Apartments

601 River Road, San Marcos, Texas 78666

bed 2
payment Subsidized

Riverstone

1430 Wonder World Dr., San Marcos, Texas 78666

bed 1-4
payment $1172-1732/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Redwood

1900 Redwood Rd., San Marcos, Texas 78666

bed 1-4
switch_access_shortcut Short Wait

The Reserve at San Marcos

4210 N. Hwy 123, San Marcos, Texas 78666

bed 1-4
switch_access_shortcut Short Wait

Villas at Willow Springs

1506 S. Interstate I-35, San Marcos, Texas 78666

bed 2-3
payment $1200-1750/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Mission Trail at El Camino Real

3085 Highway 123, San Marcos, Texas 78113

bed 1-4
payment $1050-1800/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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