
About This Property
Parkstone Senior Village contains 140 low-income units serving seniors in Wichita Falls, Texas. The property has been in service since 2002 and is financed through 9% Low-Income Housing Tax Credits. The community is professionally managed to provide affordable housing options for eligible residents.
Waitlist Information
Waitlist managed by Wichita Falls Housing Assistance Program
When open, applications are accepted by mail, fax, or in-person and entered on the waiting list by date and time received. Applicants must report changes and contact the office every three months to remain on the active waiting list.
Highest priority goes to working applicants (employed for 90 consecutive days), elderly or disabled individuals/families; applications are also ranked by date and time of application. Applicants must renew their application every 90 days to remain active on the waiting list.
Waitlist data provided by section8waitlist.org
Updated April 18, 2026
Property Details
Fair Market Rent - Wichita 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 | $800 |
| 1 Bedroom | $843 |
| 2 Bedroom | $1,037 |
| 3 Bedroom | $1,418 |
| 4 Bedroom | $1,611 |
Income Limits - Wichita County, TX
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,250
- Very Low (50%)
- $23,700
- Low (80%)
- $37,950
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,100
- Low (80%)
- $43,350
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,500
- Low (80%)
- $48,750
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,850
- Low (80%)
- $54,150
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $36,600
- Low (80%)
- $58,500
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $39,300
- Low (80%)
- $62,850
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $42,000
- Low (80%)
- $67,150
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $44,700
- Low (80%)
- $71,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,250 | $23,700 | $37,950 |
| 2 Persons | $17,420 | $27,100 | $43,350 |
| 3 Persons | $21,960 | $30,500 | $48,750 |
| 4 Persons | $26,500 | $33,850 | $54,150 |
| 5 Persons | $31,040 | $36,600 | $58,500 |
| 6 Persons | $35,580 | $39,300 | $62,850 |
| 7 Persons | $40,120 | $42,000 | $67,150 |
| 8 Persons | $44,660 | $44,700 | $71,500 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Wichita Falls, TX?+
The Fair Market Rent (FMR) for Wichita County, TX is: $800 (Studio), $843 (1BR), $1037 (2BR), $1418 (3BR), $1611 (4BR). Actual rent at subsidized properties like Parkstone Senior Village is typically 30% of household income or less.
What are the income limits for affordable housing in Wichita County, TX?+
For a 4-person household in Wichita County, TX, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,850, Low Income (80% AMI): $54,150. These limits are set by HUD and updated annually.
Is there a waitlist for Parkstone Senior Village?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
How do I apply for housing at Parkstone Senior Village?+
Parkstone Senior Village is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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 Parkstone Senior Village?+
Parkstone Senior Village is managed by . You can reach them at .
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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