
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
Applications are for 1-4 bedroom units. Average wait time is at least 18 months for one-bedroom and 6-12 months for two or more bedrooms. Preferences for displaced by natural disaster, victims of domestic violence, or displaced by government action.
Applications are accepted in-person every Tuesday between 8:00 AM and 5:00 PM at 1800 7th street, in the Neighborhood Services building. Highest priority for working applicants (employed at least 90 consecutive days), elderly, or disabled individuals/families. Income must be at or below 50% of the Wichita Falls Area Median Income. Applicants must renew their application every 90 days to remain active on the waiting list.
Waitlist data provided by section8waitlist.org
Updated September 7, 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 |
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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 Open. 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.
Who manages Parkstone Senior Village?+
Parkstone Senior Village is managed by . You can reach them at .
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.
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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