Paradise Oaks Apts LIHTC Austin, TX

Profile last updated · Data vintage: HUD LIHTC 2024

Paradise Oaks Apts is a Low-Income Housing Tax Credit (LIHTC) community in Austin, TX with 248 units. Rents are set relative to household income.

248
total units
occupancy
avg resident rent
reported wait

Resident & program facts (HUD-reported)

Program(s)Low-Income Housing Tax Credit (LIHTC)
Address1500 Faro Dr, Austin, TX 78741 Map →
Placed in service8888

How to apply at Paradise Oaks Apts

LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.

  1. Call or visit the management office at 1500 Faro Dr, Austin; ask if the waitlist is open and request an application.
  2. Gather ID, Social Security cards, birth certificates, and proof of all income. Applications are always free.
  3. Claim eligible preferences (homelessness, veteran, local residency) with documentation.
  4. Respond fast to interview letters; verify rent expectations against your budget.

Other subsidized housing in Austin

Nearby subsidized housing (within ~10 km)

PropertyLocationDistance
Mountain Ranch Apts LIHTCAustin0.8 km
Grove Place Apts LIHTCAustin1.1 km
Riverside Meadows LIHTCAustin1.4 km
Country Club Creek LIHTCAustin1.4 km
Fairway Village LIHTCAustin1.4 km
Riverside Townhomes Aka Fairway Vil PB Section 8Austin1.4 km
Rosemont of Oak Valley LIHTCAustin2 km
Kingsgate Apts LIHTCAustin2 km

← All subsidized housing in Austin

Frequently asked questions

What kind of subsidy does Paradise Oaks Apts have?
Low-Income Housing Tax Credit (LIHTC). LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.
How much is rent at Paradise Oaks Apts?
Rents are income-based: expect to pay roughly 30% of adjusted monthly household income under the building's federal program.
How do I apply at Paradise Oaks Apts?
Contact the management office at 1500 Faro Dr in Austin. Ask whether the waitlist is open, request an application, and claim any preferences you qualify for. There is never a fee to apply for HUD-subsidized housing.

Figures from HUD's Picture of Subsidized Households (FY2025) and/or LIHTC database (2024); administrative averages that may lag current conditions. Equal Housing Opportunity. This site is not affiliated with HUD or the property owner.