Affordable Housing Hub
Low Income (LIHTC)

Shady Oaks Apts

506 Ellen Powell Dr, Hempstead, TX, 77445

Information verified April 18, 2026·We re-check waiting list status daily

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About This Property

Shady Oaks Apts comprises 40 low-income rental units in Hempstead, TX and was placed in service in 2005. The property receives funding through the HOME program and utilizes 9% Low-Income Housing Tax Credits to support affordability. The community serves households with limited incomes in Waller County.

Property Details

Total Units
40

Fair Market Rent - Waller County, TX

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

BedroomsFMR
Studio/Efficiency$1,073
1 Bedroom$1,135
2 Bedroom$1,357
3 Bedroom$1,792
4 Bedroom$2,303

Income Limits - Waller County, TX

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

1 Person
Extremely Low (30%)
$16,650
Very Low (50%)
$27,750
Low (80%)
$44,350
2 Persons
Extremely Low (30%)
$19,000
Very Low (50%)
$31,700
Low (80%)
$50,700
3 Persons
Extremely Low (30%)
$21,960
Very Low (50%)
$35,650
Low (80%)
$57,050
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$39,600
Low (80%)
$63,350
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$42,800
Low (80%)
$68,450
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$45,950
Low (80%)
$73,500
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$49,150
Low (80%)
$78,600
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$52,300
Low (80%)
$83,650

Tax Credit Program Details

Year Placed in Service
2005
LIHTC Credit Type
9%
Low-Income Units
40 / 40
Funding Programs
HOME

Frequently Asked Questions

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

The Fair Market Rent (FMR) for Waller County, TX is: $1073 (Studio), $1135 (1BR), $1357 (2BR), $1792 (3BR), $2303 (4BR). Actual rent at subsidized properties like Shady Oaks Apts is typically 30% of household income or less.

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

For a 4-person household in Waller County, TX, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $39,600, Low Income (80% AMI): $63,350. These limits are set by HUD and updated annually.

How do I apply for housing at Shady Oaks Apts?+

Shady Oaks 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.

Who manages Shady Oaks Apts?+

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

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Contact Information

Walk Score

Almost All Errands Require a Car

1
Walk
30
Bike

Nearby Schools

PK,KG,1,2,3,4,5

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

Location

Waller County, TX

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