About This Property
Sycamore Lane Apts contains 79 two-bedroom units designated for low-income households in Palestine, Texas. The property has been in service since 1995 and is funded through 4% Low-Income Housing Tax Credits. All 79 units serve the affordable housing market 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 Palestine, 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 Sycamore Lane Apts is typically 30% of household income or less.
What size apartments are available at Sycamore Lane Apts?+
Sycamore Lane Apts offers the following unit types: 79 Two-Bedroom units, for a total of 79 units.
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.
Who manages Sycamore Lane Apts?+
Sycamore Lane Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Sycamore Lane Apts?+
Sycamore Lane Apts 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.
What is the price range for apartments in Palestine, TX?+
Based on Fair Market Rent for Anderson County, the estimated price range is: 2-bedroom: $1035. Actual rent at Sycamore Lane Apts may be lower for income-eligible households.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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