About This Property
Frankston Retirement offers 24 low-income units in Frankston, TX, consisting of 22 one-bedroom and 2 two-bedroom apartments. The property has been in service since 1991 and provides affordable housing options for residents in Anderson County.
Property Details
Fair Market Rent - Anderson County, TX
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $879 |
| 1 Bedroom | $885 |
| 2 Bedroom | $1,035 |
| 3 Bedroom | $1,298 |
| 4 Bedroom | $1,663 |
Income Limits - Anderson County, TX
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $21,350
- Low (80%)
- $34,100
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $24,400
- Low (80%)
- $39,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $27,450
- Low (80%)
- $43,850
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $30,450
- Low (80%)
- $48,700
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $32,900
- Low (80%)
- $52,600
- Extremely Low (30%)
- $35,350
- Very Low (50%)
- $35,350
- Low (80%)
- $56,500
- Extremely Low (30%)
- $37,800
- Very Low (50%)
- $37,800
- Low (80%)
- $60,400
- Extremely Low (30%)
- $40,200
- Very Low (50%)
- $40,200
- Low (80%)
- $64,300
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $21,350 | $34,100 |
| 2 Persons | $17,420 | $24,400 | $39,000 |
| 3 Persons | $21,960 | $27,450 | $43,850 |
| 4 Persons | $26,500 | $30,450 | $48,700 |
| 5 Persons | $31,040 | $32,900 | $52,600 |
| 6 Persons | $35,350 | $35,350 | $56,500 |
| 7 Persons | $37,800 | $37,800 | $60,400 |
| 8 Persons | $40,200 | $40,200 | $64,300 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Frankston, TX?+
The Fair Market Rent (FMR) for Anderson County, TX is: $879 (Studio), $885 (1BR), $1035 (2BR), $1298 (3BR), $1663 (4BR). Actual rent at subsidized properties like Frankston Retirement is typically 30% of household income or less.
What size apartments are available at Frankston Retirement?+
Frankston Retirement offers the following unit types: 22 One-Bedroom, 2 Two-Bedroom units, for a total of 24 units.
How do I apply for housing at Frankston Retirement?+
Frankston Retirement is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Who manages Frankston Retirement?+
Frankston Retirement is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Anderson County, TX?+
For a 4-person household in Anderson County, TX, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $30,450, Low Income (80% AMI): $48,700. These limits are set by HUD and updated annually.
What is the price range for apartments in Frankston, TX?+
Based on Fair Market Rent for Anderson County, the estimated price range is: 1-bedroom: $885, 2-bedroom: $1035. Actual rent at Frankston Retirement may be lower for income-eligible households.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.