140 Royale Senior Way, San Marcos, TX 78666
Waiting List Forecast: Likely Short or None
Verified for 2024 by Connor Bailey, Colleen Carter| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $1,493 per Month† | 1 - 2 Beds | 1 - 2 Baths | - |
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.
Located in the cozy suburb of San Marcos, Villas del San Xavier Senior Residences offers affordable 1-bedroom and 2-bedroom apartment homes for adults 55 and better. Each unit is single-story and features a fully equipped kitchen, pantry, washer/dryer connections, walk-in shower, extra storage, and large walk-in closets. Community amenities include a clubhouse, state-of-the-art fitness center, library, salon, game room, shimmering swimming pool, dog park, and planned activities for residents. Villas del San Xavier is conveniently located near major hospitals and medical care. The community also offers residents easy access to the freeway as well as shopping, dining, and public parks.
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 del San Xavier 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) | 710-735ft2 | Call for Price† |
| Two Bedroom (2/2) | 964ft2 | $1,493† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $40,900 / year | $46,750 / year | $52,600 / year | $58,400 / year |
| 50% AMI for PBRA Units | $40,900 / year | $46,750 / year | $52,600 / year | $58,400 / year |
| 60% AMI for LIHTC Units | $49,080 / year | $56,100 / year | $63,120 / year | $70,080 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Villas del San Xavier have a waiting list?
Villas del San Xavier 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 del San Xavier?
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.
In addition to Villas del San Xavier, how many other affordable housing properties (and units) are there in San Marcos?
In addition to Villas del San Xavier, we list 19 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 del San Xavier listing last updated?
Villas del San Xavier listing on Affordable Housing Online was last updated on 04/09/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
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