Pegasus Villas LIHTC Dallas, TX

Profile last updated · Data vintage: HUD LIHTC 2024

Pegasus Villas is a Low-Income Housing Tax Credit (LIHTC) community in Dallas, TX with 156 units. Rents are set relative to household income.

156
total units
occupancy
avg resident rent
reported wait

Resident & program facts (HUD-reported)

Program(s)Low-Income Housing Tax Credit (LIHTC)
Address7200 N Stemmons Fwy, Dallas, TX 75247 Map →
Tax-credit (LI) units124
Placed in service2005

How to apply at Pegasus Villas

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 7200 N Stemmons Fwy, Dallas; 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 Dallas

Nearby subsidized housing (within ~10 km)

PropertyLocationDistance
Providence Mockingbird LIHTCDallas1.7 km
Rosemont at Arlington Park LIHTCDallas1.7 km
Lakeview Townhomes LIHTCDallas3.3 km
Mabel Meshack White Manor §202 SeniorDallas3.3 km
Village at Lakewest Apts I LIHTCDallas3.4 km
Village at Lakewest Apts Ii LIHTCDallas3.4 km
Marthas Vineyard LIHTCPB Section 8Dallas3.4 km
Cedar Springs Place Public HousingDallas4.3 km

← All subsidized housing in Dallas

Frequently asked questions

What kind of subsidy does Pegasus Villas 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 Pegasus Villas?
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 Pegasus Villas?
Contact the management office at 7200 N Stemmons Fwy in Dallas. 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.