About This Property
Lampasas Gardens is a 24-unit affordable housing community in Lampasas, Texas that serves families, elderly residents, disabled individuals, and those experiencing homelessness. The property contains four one-bedroom units and twenty two-bedroom units, all designated as low-income housing. The community is funded through 4% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Lampasas 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 | $789 |
| 1 Bedroom | $795 |
| 2 Bedroom | $1,044 |
| 3 Bedroom | $1,405 |
| 4 Bedroom | $1,772 |
Income Limits - Lampasas County, TX
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,400
- Very Low (50%)
- $25,650
- Low (80%)
- $41,000
- Extremely Low (30%)
- $17,600
- Very Low (50%)
- $29,300
- Low (80%)
- $46,850
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,950
- Low (80%)
- $52,700
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,600
- Low (80%)
- $58,550
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $39,550
- Low (80%)
- $63,250
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $42,500
- Low (80%)
- $67,950
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $45,400
- Low (80%)
- $72,650
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $48,350
- Low (80%)
- $77,300
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,400 | $25,650 | $41,000 |
| 2 Persons | $17,600 | $29,300 | $46,850 |
| 3 Persons | $21,960 | $32,950 | $52,700 |
| 4 Persons | $26,500 | $36,600 | $58,550 |
| 5 Persons | $31,040 | $39,550 | $63,250 |
| 6 Persons | $35,580 | $42,500 | $67,950 |
| 7 Persons | $40,120 | $45,400 | $72,650 |
| 8 Persons | $44,660 | $48,350 | $77,300 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Lampasas, TX?+
The Fair Market Rent (FMR) for Lampasas County, TX is: $789 (Studio), $795 (1BR), $1044 (2BR), $1405 (3BR), $1772 (4BR). Actual rent at subsidized properties like Lampasas Gardens is typically 30% of household income or less.
What size apartments are available at Lampasas Gardens?+
Lampasas Gardens offers the following unit types: 4 One-Bedroom, 20 Two-Bedroom units, for a total of 24 units.
What is the price range for apartments in Lampasas, TX?+
Based on Fair Market Rent for Lampasas County, the estimated price range is: 1-bedroom: $795, 2-bedroom: $1044. Actual rent at Lampasas Gardens may be lower for income-eligible households.
How do I apply for housing at Lampasas Gardens?+
Lampasas Gardens 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 Lampasas Gardens?+
Lampasas Gardens is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Lampasas Gardens?+
Lampasas Gardens primarily serves families, elderly residents, persons with disabilities, formerly homeless individuals. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Lampasas County, TX?+
For a 4-person household in Lampasas County, TX, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,600, Low Income (80% AMI): $58,550. These limits are set by HUD and updated annually.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.