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Low Income (LIHTC)

Sherwood Arms Apts

213 N Val Verde Cir Apt 5, Keene, TX, 76059

Information verified May 8, 2026·We re-check waiting list status daily

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About This Property

Sherwood Arms Apts comprises 56 one-bedroom units in Keene, TX, serving low-income residents. The property has been in service since 1997 and is financed through 4% Low-Income Housing Tax Credits. All 56 units are designated as affordable housing.

Property Details

Total Units
56
1 Bedroom
56

Fair Market Rent - Johnson County, TX

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$1,266
1 Bedroom$1,384
2 Bedroom$1,617
3 Bedroom$2,144
4 Bedroom$2,615

Income Limits - Johnson County, TX

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$17,000
Very Low (50%)
$28,300
Low (80%)
$45,300
2 Persons
Extremely Low (30%)
$19,400
Very Low (50%)
$32,350
Low (80%)
$51,750
3 Persons
Extremely Low (30%)
$21,960
Very Low (50%)
$36,400
Low (80%)
$58,200
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$40,400
Low (80%)
$64,650
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$43,650
Low (80%)
$69,850
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$46,900
Low (80%)
$75,000
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$50,100
Low (80%)
$80,200
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$53,350
Low (80%)
$85,350

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Tax Credit Program Details

Year Placed in Service
1997
LIHTC Credit Type
4%
Low-Income Units
56 / 56

Frequently Asked Questions

What is the average rent for affordable housing in Keene, TX?+

The Fair Market Rent (FMR) for Johnson County, TX is: $1266 (Studio), $1384 (1BR), $1617 (2BR), $2144 (3BR), $2615 (4BR). Actual rent at subsidized properties like Sherwood Arms Apts is typically 30% of household income or less.

What size apartments are available at Sherwood Arms Apts?+

Sherwood Arms Apts offers the following unit types: 56 One-Bedroom units, for a total of 56 units.

What is the price range for apartments in Keene, TX?+

Based on Fair Market Rent for Johnson County, the estimated price range is: 1-bedroom: $1384. Actual rent at Sherwood Arms Apts may be lower for income-eligible households.

Who manages Sherwood Arms Apts?+

Sherwood Arms Apts is managed by . You can reach them at . Visit their website for more information.

What are the income limits for affordable housing in Johnson County, TX?+

For a 4-person household in Johnson County, TX, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $40,400, Low Income (80% AMI): $64,650. These limits are set by HUD and updated annually.

How do I apply for housing at Sherwood Arms Apts?+

Sherwood Arms 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.

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Walk Score

Car-Dependent

43
Walk
39
Bike

Nearby Schools

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Johnson County, TX

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