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Low Income (LIHTC)Waitlist Open

Lake Ridge Apartments

401 N 3rd St Apt 1, Mabank, TX, 75147

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

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About This Property

Lake Ridge Apartments contains 42 low-income residential units in Mabank, Texas, with a unit mix of 16 one-bedroom and 2 two-bedroom apartments. The property was placed in service in 1988 and utilizes 9% Low-Income Housing Tax Credits. The community serves households at or below area median income limits.

Waitlist Information

Waitlist managed by Housing Authority of Mabank

Public Housing Waitlist
Open
Opened February 1, 2020
Apply: Multiple

The waiting list is for 1, 2, 3, and 4-bedroom apartments. Eligibility is based on annual gross income, age/disability, and citizenship/eligible immigration status. Declining two invitations to apply will result in the application being purged from the waitlist.

Last verified April 18, 2026
Section 8 (HCV) Waitlist
Closed

The waitlist for Section 8 Housing Choice Vouchers is currently closed.

Last verified March 20, 2026

Waitlist data provided by section8waitlist.org

Updated May 8, 2026

Property Details

Total Units
42
1 Bedroom
16
2 Bedroom
2

Fair Market Rent - Kaufman County, TX

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

BedroomsFMR
Studio/Efficiency$1,426
1 Bedroom$1,500
2 Bedroom$1,758
3 Bedroom$2,212
4 Bedroom$2,847

Income Limits - Kaufman County, TX

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

1 Person
Extremely Low (30%)
$18,700
Very Low (50%)
$31,150
Low (80%)
$49,850
2 Persons
Extremely Low (30%)
$21,400
Very Low (50%)
$35,600
Low (80%)
$57,000
3 Persons
Extremely Low (30%)
$24,050
Very Low (50%)
$40,050
Low (80%)
$64,100
4 Persons
Extremely Low (30%)
$26,700
Very Low (50%)
$44,500
Low (80%)
$71,200
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$48,100
Low (80%)
$76,900
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$51,650
Low (80%)
$82,600
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$55,200
Low (80%)
$88,300
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$58,750
Low (80%)
$94,000

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Tax Credit Program Details

Year Placed in Service
8888
LIHTC Credit Type
9%
Low-Income Units
42 / 42

Frequently Asked Questions

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

The Fair Market Rent (FMR) for Kaufman County, TX is: $1426 (Studio), $1500 (1BR), $1758 (2BR), $2212 (3BR), $2847 (4BR). Actual rent at subsidized properties like Lake Ridge Apartments is typically 30% of household income or less.

What size apartments are available at Lake Ridge Apartments?+

Lake Ridge Apartments offers the following unit types: 16 One-Bedroom, 2 Two-Bedroom units, for a total of 42 units.

Who manages Lake Ridge Apartments?+

Lake Ridge Apartments is managed by . You can reach them at . Visit their website for more information.

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

Based on Fair Market Rent for Kaufman County, the estimated price range is: 1-bedroom: $1500, 2-bedroom: $1758. Actual rent at Lake Ridge Apartments may be lower for income-eligible households.

Is there a waitlist for Lake Ridge Apartments?+

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.

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

For a 4-person household in Kaufman County, TX, the income limits are: Extremely Low Income (30% AMI): $26,700, Very Low Income (50% AMI): $44,500, Low Income (80% AMI): $71,200. These limits are set by HUD and updated annually.

How do I apply for housing at Lake Ridge Apartments?+

Lake Ridge Apartments 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.

Begin Application Now

Contact Information

Walk Score

Somewhat Walkable

54
Walk
40
Bike

Nearby Schools

KG,1,2,3,4

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

Location

Kaufman County, TX

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