About This Property
Pine Run Apartments is a 32-unit affordable housing community in Honey Grove, TX that has been in service since 2005. The property comprises 16 one-bedroom and 16 two-bedroom units designated for low-income residents and operates under 9% Low-Income Housing Tax Credit financing. All units serve households meeting low-income eligibility requirements.
Property Details
Fair Market Rent - Fannin 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 | $754 |
| 1 Bedroom | $759 |
| 2 Bedroom | $997 |
| 3 Bedroom | $1,405 |
| 4 Bedroom | $1,665 |
Income Limits - Fannin County, TX
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,950
- Very Low (50%)
- $23,250
- Low (80%)
- $37,150
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $26,550
- Low (80%)
- $42,450
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $29,850
- Low (80%)
- $47,750
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,150
- Low (80%)
- $53,050
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $35,850
- Low (80%)
- $57,300
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $38,500
- Low (80%)
- $61,550
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $41,150
- Low (80%)
- $65,800
- Extremely Low (30%)
- $43,800
- Very Low (50%)
- $43,800
- Low (80%)
- $70,050
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,950 | $23,250 | $37,150 |
| 2 Persons | $17,420 | $26,550 | $42,450 |
| 3 Persons | $21,960 | $29,850 | $47,750 |
| 4 Persons | $26,500 | $33,150 | $53,050 |
| 5 Persons | $31,040 | $35,850 | $57,300 |
| 6 Persons | $35,580 | $38,500 | $61,550 |
| 7 Persons | $40,120 | $41,150 | $65,800 |
| 8 Persons | $43,800 | $43,800 | $70,050 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Honey Grove, TX?+
The Fair Market Rent (FMR) for Fannin County, TX is: $754 (Studio), $759 (1BR), $997 (2BR), $1405 (3BR), $1665 (4BR). Actual rent at subsidized properties like Pine Run Apts is typically 30% of household income or less.
What size apartments are available at Pine Run Apts?+
Pine Run Apts offers the following unit types: 16 One-Bedroom, 16 Two-Bedroom units, for a total of 32 units.
What is the price range for apartments in Honey Grove, TX?+
Based on Fair Market Rent for Fannin County, the estimated price range is: 1-bedroom: $759, 2-bedroom: $997. Actual rent at Pine Run Apts may be lower for income-eligible households.
Who manages Pine Run Apts?+
Pine Run Apts is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Fannin County, TX?+
For a 4-person household in Fannin County, TX, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,150, Low Income (80% AMI): $53,050. These limits are set by HUD and updated annually.
How do I apply for housing at Pine Run Apts?+
Pine Run 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.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
