About This Property
Race Street Lofts offers 80 low-income residential units in Marble Falls, Texas. The property was placed in service in 2012 and receives funding through the HOME program. This multifamily community serves residents in Burnet County.
Waitlist Information
Waitlist managed by Marble Falls Housing Authority
Eligibility is based on annual gross income, age/disability status, and US citizenship/eligible immigration. Declining two invitations for housing will result in the application being purged from the waitlist.
Eligibility is based on annual gross income, age/disability status, and US citizenship/eligible immigration.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - Burnet 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 | $1,138 |
| 3 Bedroom | $1,604 |
| 4 Bedroom | $1,637 |
Income Limits - Burnet County, TX
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,950
- Very Low (50%)
- $24,900
- Low (80%)
- $39,850
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,450
- Low (80%)
- $45,550
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,000
- Low (80%)
- $51,250
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $35,550
- Low (80%)
- $56,900
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,400
- Low (80%)
- $61,500
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $41,250
- Low (80%)
- $66,050
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $44,100
- Low (80%)
- $70,600
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $46,950
- Low (80%)
- $75,150
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,950 | $24,900 | $39,850 |
| 2 Persons | $17,420 | $28,450 | $45,550 |
| 3 Persons | $21,960 | $32,000 | $51,250 |
| 4 Persons | $26,500 | $35,550 | $56,900 |
| 5 Persons | $31,040 | $38,400 | $61,500 |
| 6 Persons | $35,580 | $41,250 | $66,050 |
| 7 Persons | $40,120 | $44,100 | $70,600 |
| 8 Persons | $44,660 | $46,950 | $75,150 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Marble Falls, TX?+
The Fair Market Rent (FMR) for Burnet County, TX is: $879 (Studio), $885 (1BR), $1138 (2BR), $1604 (3BR), $1637 (4BR). Actual rent at subsidized properties like Race Street Lofts - Marble Falls is typically 30% of household income or less.
What are the income limits for affordable housing in Burnet County, TX?+
For a 4-person household in Burnet County, TX, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,550, Low Income (80% AMI): $56,900. These limits are set by HUD and updated annually.
Is there a waitlist for Race Street Lofts - Marble Falls?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
How do I apply for housing at Race Street Lofts - Marble Falls?+
Race Street Lofts - Marble Falls 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 Race Street Lofts - Marble Falls?+
Race Street Lofts - Marble Falls is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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