About This Property
Cayetano Villas of La Vernia consists of 48 affordable housing units in La Vernia, Texas, with 41 designated as low-income housing. The property, which was placed in service in 2016, includes 16 one-bedroom, 24 two-bedroom, and 8 three-bedroom units. The development is managed by Wilson County in the La Vernia area.
Property Details
Fair Market Rent - Wilson 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 | $1,067 |
| 1 Bedroom | $1,197 |
| 2 Bedroom | $1,458 |
| 3 Bedroom | $1,846 |
| 4 Bedroom | $2,206 |
Income Limits - Wilson County, TX
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,600
- Very Low (50%)
- $25,950
- Low (80%)
- $41,550
- Extremely Low (30%)
- $17,800
- Very Low (50%)
- $29,650
- Low (80%)
- $47,450
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $33,350
- Low (80%)
- $53,400
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $37,050
- Low (80%)
- $59,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $40,050
- Low (80%)
- $64,050
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $43,000
- Low (80%)
- $68,800
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $45,950
- Low (80%)
- $73,550
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $48,950
- Low (80%)
- $78,300
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,600 | $25,950 | $41,550 |
| 2 Persons | $17,800 | $29,650 | $47,450 |
| 3 Persons | $21,960 | $33,350 | $53,400 |
| 4 Persons | $26,500 | $37,050 | $59,300 |
| 5 Persons | $31,040 | $40,050 | $64,050 |
| 6 Persons | $35,580 | $43,000 | $68,800 |
| 7 Persons | $40,120 | $45,950 | $73,550 |
| 8 Persons | $44,660 | $48,950 | $78,300 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in La Vernia, TX?+
The Fair Market Rent (FMR) for Wilson County, TX is: $1067 (Studio), $1197 (1BR), $1458 (2BR), $1846 (3BR), $2206 (4BR). Actual rent at subsidized properties like Cayetano Villas of La Vernia is typically 30% of household income or less.
What size apartments are available at Cayetano Villas of La Vernia?+
Cayetano Villas of La Vernia offers the following unit types: 16 One-Bedroom, 24 Two-Bedroom, 8 Three-Bedroom units, for a total of 48 units.
What are the income limits for affordable housing in Wilson County, TX?+
For a 4-person household in Wilson County, TX, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $37,050, Low Income (80% AMI): $59,300. These limits are set by HUD and updated annually.
Who manages Cayetano Villas of La Vernia?+
Cayetano Villas of La Vernia is managed by . You can reach them at .
What is the price range for apartments in La Vernia, TX?+
Based on Fair Market Rent for Wilson County, the estimated price range is: 1-bedroom: $1197, 2-bedroom: $1458, 3-bedroom: $1846. Actual rent at Cayetano Villas of La Vernia may be lower for income-eligible households.
How do I apply for housing at Cayetano Villas of La Vernia?+
Cayetano Villas of La Vernia 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.