About This Property
Big Lake Seniors is a 20-unit affordable housing community in Big Lake, TX that serves low-income seniors. All units are one-bedroom apartments, and the property has been in service since 1995. The development utilizes 4% Low-Income Housing Tax Credits to maintain affordable rents.
Property Details
Fair Market Rent - Reagan 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 | $829 |
| 1 Bedroom | $857 |
| 2 Bedroom | $1,065 |
| 3 Bedroom | $1,288 |
| 4 Bedroom | $1,583 |
Income Limits - Reagan County, TX
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,350
- Very Low (50%)
- $27,250
- Low (80%)
- $43,600
- Extremely Low (30%)
- $18,700
- Very Low (50%)
- $31,150
- Low (80%)
- $49,800
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $35,050
- Low (80%)
- $56,050
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $38,900
- Low (80%)
- $62,250
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $42,050
- Low (80%)
- $67,250
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $45,150
- Low (80%)
- $72,250
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $48,250
- Low (80%)
- $77,200
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $51,350
- Low (80%)
- $82,200
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,350 | $27,250 | $43,600 |
| 2 Persons | $18,700 | $31,150 | $49,800 |
| 3 Persons | $21,960 | $35,050 | $56,050 |
| 4 Persons | $26,500 | $38,900 | $62,250 |
| 5 Persons | $31,040 | $42,050 | $67,250 |
| 6 Persons | $35,580 | $45,150 | $72,250 |
| 7 Persons | $40,120 | $48,250 | $77,200 |
| 8 Persons | $44,660 | $51,350 | $82,200 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Big Lake, TX?+
The Fair Market Rent (FMR) for Reagan County, TX is: $829 (Studio), $857 (1BR), $1065 (2BR), $1288 (3BR), $1583 (4BR). Actual rent at subsidized properties like Big Lake Seniors is typically 30% of household income or less.
What size apartments are available at Big Lake Seniors?+
Big Lake Seniors offers the following unit types: 20 One-Bedroom units, for a total of 20 units.
How do I apply for housing at Big Lake Seniors?+
Big Lake Seniors 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 Big Lake Seniors?+
Big Lake Seniors is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Reagan County, TX?+
For a 4-person household in Reagan County, TX, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $38,900, Low Income (80% AMI): $62,250. These limits are set by HUD and updated annually.
What is the price range for apartments in Big Lake, TX?+
Based on Fair Market Rent for Reagan County, the estimated price range is: 1-bedroom: $857. Actual rent at Big Lake Seniors may be lower for income-eligible households.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.