Affordable Housing Hub
Low Income (LIHTC)Waitlist Closed

Park Meadows Villas

2502 Weber Dr, Lubbock, TX, 79404

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

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About This Property

Park Meadows Villas contains 112 low-income residential units in Lubbock, Texas, with a mix of one-, two-, and three-bedroom floor plans. The property has been in service since 2005 and operates with Low-Income Housing Tax Credit financing. The community offers 28 one-bedroom units, 48 two-bedroom units, and 36 three-bedroom units for eligible residents.

Waitlist Information

Waitlist managed by Housing Authority of Lubbock

Public Housing Waitlist
Closed
Opened February 1, 2021
Closed February 12, 2021
Apply: Online

This specific waiting list was for 1-bedroom senior public housing apartments. Preferences for placement on the waiting list have not been confirmed.

Last verified February 9, 2026
Section 8 (HCV) Waitlist
Closed
Opened July 10, 2023
Closed July 21, 2023
Apply: Online

Preferences for placement on the waiting list have not been confirmed.

Last verified February 17, 2026

Waitlist data provided by section8waitlist.org

Updated May 8, 2026

Property Details

Total Units
112
1 Bedroom
28
2 Bedroom
48
3 Bedroom
36

Fair Market Rent - Lubbock County, TX

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$778
1 Bedroom$931
2 Bedroom$1,113
3 Bedroom$1,551
4 Bedroom$1,829

Income Limits - Lubbock County, TX

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$14,800
Very Low (50%)
$24,650
Low (80%)
$39,450
2 Persons
Extremely Low (30%)
$17,420
Very Low (50%)
$28,200
Low (80%)
$45,050
3 Persons
Extremely Low (30%)
$21,960
Very Low (50%)
$31,700
Low (80%)
$50,700
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$35,200
Low (80%)
$56,300
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$38,050
Low (80%)
$60,850
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$40,850
Low (80%)
$65,350
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$43,650
Low (80%)
$69,850
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$46,500
Low (80%)
$74,350

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Tax Credit Program Details

Year Placed in Service
2005
LIHTC Credit Type
9%
Low-Income Units
112 / 112
Designations
Qualified Census Tract

Frequently Asked Questions

What is the average rent for affordable housing in Lubbock, TX?+

The Fair Market Rent (FMR) for Lubbock County, TX is: $778 (Studio), $931 (1BR), $1113 (2BR), $1551 (3BR), $1829 (4BR). Actual rent at subsidized properties like Park Meadows Villas is typically 30% of household income or less.

What size apartments are available at Park Meadows Villas?+

Park Meadows Villas offers the following unit types: 28 One-Bedroom, 48 Two-Bedroom, 36 Three-Bedroom units, for a total of 112 units.

What are the income limits for affordable housing in Lubbock County, TX?+

For a 4-person household in Lubbock County, TX, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,200, Low Income (80% AMI): $56,300. These limits are set by HUD and updated annually.

Who manages Park Meadows Villas?+

Park Meadows Villas is managed by . You can reach them at . Visit their website for more information.

Is there a waitlist for Park Meadows Villas?+

Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.

How do I apply for housing at Park Meadows Villas?+

Park Meadows Villas 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 is the price range for apartments in Lubbock, TX?+

Based on Fair Market Rent for Lubbock County, the estimated price range is: 1-bedroom: $931, 2-bedroom: $1113, 3-bedroom: $1551. Actual rent at Park Meadows Villas may be lower for income-eligible households.

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Walk Score

Car-Dependent

28
Walk
22
Transit
30
Bike

Nearby Schools

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

Location

Lubbock County, TX

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Housing Resources in Lubbock, TX

HUD-Approved Counseling Agencies

NORTH & EAST LUBBOCK COMMUNITY DEVELOPMENT CORPORATION

Pre-Purchase CounselingPre-Purchase Homebuyer Education WorkshopsFinancial Management/Budget Counseling