About This Property
Presidio Palms consists of 80 low-income residential units in San Elizario, Texas, featuring a mix of one-, two-, three-, and four-bedroom floor plans. The property has been in service since 2010 and receives 4% Low-Income Housing Tax Credit financing. The unit distribution includes 4 one-bedroom, 40 two-bedroom, 32 three-bedroom, and 4 four-bedroom apartments.
Property Details
Fair Market Rent - El Paso 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 | $804 |
| 1 Bedroom | $980 |
| 2 Bedroom | $1,150 |
| 3 Bedroom | $1,594 |
| 4 Bedroom | $1,952 |
Income Limits - El Paso 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 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in San Elizario, TX?+
The Fair Market Rent (FMR) for El Paso County, TX is: $804 (Studio), $980 (1BR), $1150 (2BR), $1594 (3BR), $1952 (4BR). Actual rent at subsidized properties like Presidio Palms is typically 30% of household income or less.
What size apartments are available at Presidio Palms?+
Presidio Palms offers the following unit types: 4 One-Bedroom, 40 Two-Bedroom, 32 Three-Bedroom, 4 Four-Bedroom units, for a total of 80 units.
How do I apply for housing at Presidio Palms?+
Presidio Palms 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 are the income limits for affordable housing in El Paso County, TX?+
For a 4-person household in El Paso 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 Presidio Palms?+
Presidio Palms is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in San Elizario, TX?+
Based on Fair Market Rent for El Paso County, the estimated price range is: 1-bedroom: $980, 2-bedroom: $1150, 3-bedroom: $1594. Actual rent at Presidio Palms may be lower for income-eligible households.
Who is eligible to live at Presidio Palms?+
Presidio Palms primarily serves UNSPECIFIED. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
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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