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Low Income (LIHTC)Waitlist Open

Tealwood Place Apts

5300 Professional Dr, Wichita Falls, TX, 76302

Information verified May 8, 2026·We re-check waiting list status daily

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About This Property

Tealwood Place Apts contains 180 low-income residential units in Wichita Falls, TX, with a unit mix of 36 one-bedroom, 84 two-bedroom, and 60 three-bedroom apartments. The property was placed in service in 1996 and receives 4% LIHTC credit financing. The development serves the Wichita County area and operates under professional management.

Waitlist Information

Waitlist managed by Wichita Falls Housing Assistance Program

Public Housing Waitlist
Closed
Opened January 25, 2024
Closed May 20, 2024

The three-bedroom Public Housing waiting list was last open from January 25, 2024, to May 20, 2024, and is currently closed as of April 2026.

Last verified February 19, 2026
Section 8 (HCV) Waitlist
Open
Apply: In-person

The waiting list prioritizes working applicants (employed for 90+ consecutive days), elderly individuals/families, and disabled individuals/families; applications must be renewed every 90 days.

Last verified February 6, 2026

Waitlist data provided by section8waitlist.org

Updated May 8, 2026

Property Details

Total Units
180
1 Bedroom
36
2 Bedroom
84
3 Bedroom
60

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.

BedroomsFMR
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.

1 Person
Extremely Low (30%)
$14,250
Very Low (50%)
$23,700
Low (80%)
$37,950
2 Persons
Extremely Low (30%)
$17,420
Very Low (50%)
$27,100
Low (80%)
$43,350
3 Persons
Extremely Low (30%)
$21,960
Very Low (50%)
$30,500
Low (80%)
$48,750
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$33,850
Low (80%)
$54,150
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$36,600
Low (80%)
$58,500
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$39,300
Low (80%)
$62,850
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$42,000
Low (80%)
$67,150
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$44,700
Low (80%)
$71,500

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Tax Credit Program Details

Year Placed in Service
1996
LIHTC Credit Type
4%
Low-Income Units
180 / 180

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 Tealwood Place Apts is typically 30% of household income or less.

What size apartments are available at Tealwood Place Apts?+

Tealwood Place Apts offers the following unit types: 36 One-Bedroom, 84 Two-Bedroom, 60 Three-Bedroom units, for a total of 180 units.

What is the price range for apartments in Wichita Falls, TX?+

Based on Fair Market Rent for Wichita County, the estimated price range is: 1-bedroom: $843, 2-bedroom: $1037, 3-bedroom: $1418. Actual rent at Tealwood Place Apts may be lower for income-eligible households.

Is there a waitlist for Tealwood Place Apts?+

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.

Who manages Tealwood Place Apts?+

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

How do I apply for housing at Tealwood Place Apts?+

Tealwood Place 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.

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.

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Walk Score

Somewhat Walkable

51
Walk
38
Bike

Nearby Schools

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

Location

Wichita County, TX

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