Redwood

1900 Redwood Rd., San Marcos, TX 78666

Waiting List Forecast: Likely Short or None

check_circleVerified for 2024 by Connor Bailey
Rent Beds Baths SqFt
Call for Rents 1 - 4 Beds 1 - 2.5 Baths 928 - 1,992 Sq Ft
check_circle  Affordable

This property is currently under construction.

Brand-new apartment community coming to San Marcos, TX. Redwood will offer 1-, 2-, 3-, and 4-bedroom floorplans to fit your needs and budget. Each apartment for rent provides first-rate features and amenities, like wood-style plank flooring, central heat and air conditioning, USB Outlets, and fully equipped kitchens and energy efficient appliances. Pecan Groves’s residents can also enjoy a state-of-the-art fitness center, swimming pool, cybercafé, playground, community grills, and much more.

Dave's Thoughts On Redwood

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 Redwood 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, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Redwood Amenities

  • Controlled Access
  • Fitness Center
  • Playground
  • Ceiling Fan(s)
  • Dishwasher
  • Garbage Disposal
  • Washer and Dryer Hookup
  • Grilling Area
  • Computer Room
  • Swimming pool
  • Energy Efficient Appliances
  • Resident Lounge

Units at Redwood

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 928ft2 Call for Price
Two Bedroom (2/2) 1158ft2 Call for Price
Three Bedroom (3/2) 1598ft2 Call for Price
Four Bedroom (4/2.5) 1992ft2 Call for Price

Income Qualification for Redwood

*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 5 people 6 people 7 people 8 people
50% AMI for LIHTC Units $40,900 / year $46,750 / year $52,600 / year $58,400 / year $63,100 / year $67,750 / year $72,450 / year $77,100 / year
50% AMI for PBRA Units $40,900 / year $46,750 / year $52,600 / year $58,400 / year $63,100 / year $67,750 / year $72,450 / year $77,100 / year
60% AMI for LIHTC Units $49,080 / year $56,100 / year $63,120 / year $70,080 / year $75,720 / year $81,300 / year $86,940 / year $92,520 / year

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

FAQs for Redwood

Does Redwood have a waiting list?

Redwood 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 Redwood?

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 Redwood?

Redwood is managed by Solidago Residential Services headquartered in Austin, TX.

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

In addition to Redwood, 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 Redwood listing last updated?

Redwood listing on Affordable Housing Online was last updated on 02/08/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Redwood

Riverview Apartments

601 River Road, San Marcos, Texas 78666

bed 2
payment Subsidized

Asbury Place

1350 Wonder World Dr, San Marcos, Texas 78666

bed 2-3
payment $1200-1425/mo.
switch_access_shortcut Short Wait
accessibility Accessible

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

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.

Email Signup
Don't Miss A Waiting List Opening