About This Property
Riverwalk Townhomes offers 76 low-income units in Stephenville, Texas. The property has been in service since 2004 and is financed through 9% Low-Income Housing Tax Credits. Prospective residents can contact the management office for occupancy information and application details.
Property Details
Fair Market Rent - Erath 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 | $851 |
| 1 Bedroom | $857 |
| 2 Bedroom | $1,082 |
| 3 Bedroom | $1,525 |
| 4 Bedroom | $1,836 |
Income Limits - Erath County, TX
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,950
- Very Low (50%)
- $23,250
- Low (80%)
- $37,200
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $26,600
- Low (80%)
- $42,500
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $29,900
- Low (80%)
- $47,800
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,200
- Low (80%)
- $53,100
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $35,900
- Low (80%)
- $57,350
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $38,550
- Low (80%)
- $61,600
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $41,200
- Low (80%)
- $65,850
- Extremely Low (30%)
- $43,850
- Very Low (50%)
- $43,850
- Low (80%)
- $70,100
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,950 | $23,250 | $37,200 |
| 2 Persons | $17,420 | $26,600 | $42,500 |
| 3 Persons | $21,960 | $29,900 | $47,800 |
| 4 Persons | $26,500 | $33,200 | $53,100 |
| 5 Persons | $31,040 | $35,900 | $57,350 |
| 6 Persons | $35,580 | $38,550 | $61,600 |
| 7 Persons | $40,120 | $41,200 | $65,850 |
| 8 Persons | $43,850 | $43,850 | $70,100 |
Advertisement
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Stephenville, TX?+
The Fair Market Rent (FMR) for Erath County, TX is: $851 (Studio), $857 (1BR), $1082 (2BR), $1525 (3BR), $1836 (4BR). Actual rent at subsidized properties like Riverwalk Townhomes is typically 30% of household income or less.
What are the income limits for affordable housing in Erath County, TX?+
For a 4-person household in Erath County, TX, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,200, Low Income (80% AMI): $53,100. These limits are set by HUD and updated annually.
How do I apply for housing at Riverwalk Townhomes?+
Riverwalk Townhomes 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.
Who manages Riverwalk Townhomes?+
Riverwalk Townhomes is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.