1506 S. Interstate I-35, San Marcos, TX 78666
Waiting List Forecast: Likely Short or None
Verified for 2024 by Andrianna Gardner, Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $1,200 - 1,750 per Month† | 2 - 3 Beds | 2 - 2.5 Baths | 1,025 - 1,333 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.
Nestled in a picturesque setting, Villas at Willow Springs is the perfect balance between tranquility and an active lifestyle. The poolside lounge, shaded outdoor play center, and picnic area offers many options for enjoying a beautiful Austin, Texas day while each home provides an idyllic retreat. Tile floors, multiple walk-in closets with built-in shelving systems, dual bathroom vanities, and a breakfast bar give you everything you’re looking for in a home without all the hassle and high costs of upkeep. Come home to Villas at Willow Springs and let the beautifully landscaped views and perfectly laid out floor plans will remind you how home is supposed to feel.
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 Villas at Willow Springs 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 |
|---|---|---|
| Two Bedroom Apartment (Flat) (2/2) | 1025ft2 | $1,200 $1,400† |
| Two Bedroom Townhome (2/2.5) | 1059ft2 | $1,200 $1,450† |
| Two Bedroom Apartment (Loft) (2/2) | 1167ft2 | $1,200 $1,450† |
| Three Bedroom Apartment (Flat) (3/2) | 1194ft2 | $1,310 $1,475† |
| Three Bedroom Townhome (3/2.5) | 1331ft2 | $1,750 $1,625† |
| Three Bedroom Apartment (Loft) (3/2) | 1333ft2 | $1,310 $1,475† |
| AMI* | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $46,750 / year | $52,600 / year | $58,400 / year | $63,100 / year | $67,750 / year |
| 50% AMI for PBRA Units | $46,750 / year | $52,600 / year | $58,400 / year | $63,100 / year | $67,750 / year |
| 60% AMI for LIHTC Units | $56,100 / year | $63,120 / year | $70,080 / year | $75,720 / year | $81,300 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Villas at Willow Springs have a waiting list?
Villas at Willow Springs 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 Villas at Willow Springs?
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 Villas at Willow Springs?
Villas at Willow Springs is managed by The Michaels Organization headquartered in Camden, NJ.
In addition to Villas at Willow Springs, how many other affordable housing properties (and units) are there in San Marcos?
In addition to Villas at Willow Springs, 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 Villas at Willow Springs listing last updated?
Villas at Willow Springs listing on Affordable Housing Online was last updated on 01/24/2024 by Andrianna Gardner. Remember, a property's status can change so you should contact the property to confirm.
1430 Wonder World Dr., San Marcos, Texas 78666
3085 Highway 123, San Marcos, Texas 78113
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