About This Property
The Reserves At Saddleback Ranch comprises 40 units in Wolfforth, TX, with 34 designated as low-income housing. This property serves families, elderly residents, disabled individuals, and formerly homeless households through a combination of HOME funding and 9% LIHTC credits. The community is professionally managed and offers affordable rental options in Lubbock County.
Property Details
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.
| Bedrooms | FMR |
|---|---|
| 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.
- Extremely Low (30%)
- $14,800
- Very Low (50%)
- $24,650
- Low (80%)
- $39,450
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,200
- Low (80%)
- $45,050
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,700
- Low (80%)
- $50,700
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $35,200
- Low (80%)
- $56,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,050
- Low (80%)
- $60,850
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $40,850
- Low (80%)
- $65,350
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $43,650
- Low (80%)
- $69,850
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $46,500
- Low (80%)
- $74,350
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,800 | $24,650 | $39,450 |
| 2 Persons | $17,420 | $28,200 | $45,050 |
| 3 Persons | $21,960 | $31,700 | $50,700 |
| 4 Persons | $26,500 | $35,200 | $56,300 |
| 5 Persons | $31,040 | $38,050 | $60,850 |
| 6 Persons | $35,580 | $40,850 | $65,350 |
| 7 Persons | $40,120 | $43,650 | $69,850 |
| 8 Persons | $44,660 | $46,500 | $74,350 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Wolfforth, 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 The Reserves At Saddleback Ranch is typically 30% of household income or less.
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.
How do I apply for housing at The Reserves At Saddleback Ranch?+
The Reserves At Saddleback Ranch 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 The Reserves At Saddleback Ranch?+
The Reserves At Saddleback Ranch is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at The Reserves At Saddleback Ranch?+
The Reserves At Saddleback Ranch primarily serves families, elderly residents, persons with disabilities, formerly homeless individuals. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Contact Information
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