About This Property
Lone Oaks Apts comprises 64 low-income units in Graham, TX, with a unit mix of 24 one-bedroom, 36 two-bedroom, and 4 three-bedroom apartments. The property was placed in service in 1998 and operates with 4% LIHTC credit financing. The community serves Young County residents seeking affordable rental housing.
Property Details
Fair Market Rent - Young 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 | $744 |
| 1 Bedroom | $799 |
| 2 Bedroom | $955 |
| 3 Bedroom | $1,261 |
| 4 Bedroom | $1,393 |
Income Limits - Young County, TX
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,100
- Very Low (50%)
- $21,750
- Low (80%)
- $34,800
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $24,850
- Low (80%)
- $39,800
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $27,950
- Low (80%)
- $44,750
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $31,050
- Low (80%)
- $49,700
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $33,550
- Low (80%)
- $53,700
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $36,050
- Low (80%)
- $57,700
- Extremely Low (30%)
- $38,550
- Very Low (50%)
- $38,550
- Low (80%)
- $61,650
- Extremely Low (30%)
- $41,000
- Very Low (50%)
- $41,000
- Low (80%)
- $65,650
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,100 | $21,750 | $34,800 |
| 2 Persons | $17,420 | $24,850 | $39,800 |
| 3 Persons | $21,960 | $27,950 | $44,750 |
| 4 Persons | $26,500 | $31,050 | $49,700 |
| 5 Persons | $31,040 | $33,550 | $53,700 |
| 6 Persons | $35,580 | $36,050 | $57,700 |
| 7 Persons | $38,550 | $38,550 | $61,650 |
| 8 Persons | $41,000 | $41,000 | $65,650 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Graham, TX?+
The Fair Market Rent (FMR) for Young County, TX is: $744 (Studio), $799 (1BR), $955 (2BR), $1261 (3BR), $1393 (4BR). Actual rent at subsidized properties like Lone Oaks Apts is typically 30% of household income or less.
What size apartments are available at Lone Oaks Apts?+
Lone Oaks Apts offers the following unit types: 24 One-Bedroom, 36 Two-Bedroom, 4 Three-Bedroom units, for a total of 64 units.
Who manages Lone Oaks Apts?+
Lone Oaks Apts is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Young County, TX?+
For a 4-person household in Young County, TX, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $31,050, Low Income (80% AMI): $49,700. These limits are set by HUD and updated annually.
What is the price range for apartments in Graham, TX?+
Based on Fair Market Rent for Young County, the estimated price range is: 1-bedroom: $799, 2-bedroom: $955, 3-bedroom: $1261. Actual rent at Lone Oaks Apts may be lower for income-eligible households.
How do I apply for housing at Lone Oaks Apts?+
Lone 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.
Contact Information
Walk Score
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Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.