La Madrid Apartments

11320 Manchaca Rd, Austin, Texas 78748

Contact La Madrid Apartments

La Madrid Apartments are a stylish new apartment community built with your comfort in mind. All of the apartments have spacious open floor plans, granite countertops, attractive and durable wood vinyl flooring, washer and dryer connections, and Energy Star appliances.

La Madrid is close to Menchaca Elementary School, Bailey Middle School, and James Bowie High School. After school and on weekends take the kids to the Austin Roller Rink or Altitude Trampoline Park. Or you can see a movie at Cinemark. There are lots of great restaurants close to La Madrid also including Valentina’s Tex Mex BBQ, Fuddruckers, and Texas Roadhouse.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	762	From $561 To $1,450
Two Bedroom (2/2)	958	From $675 To $1,700
Three Bedroom (3/2)	1159	From $780 To $2,000

Eligibility for La Madrid Apartments

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Austin but actual income limits may differ for units at La Madrid Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
50%	$40,900	$46,750	$52,600	$58,400	$63,100	$67,750

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Austin but actual income limits may differ for units at La Madrid Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Very Low Income (50%)	$40,900	$46,750	$52,600	$58,400	$63,100	$67,750
Low Income (60%)	$49,080	$56,100	$63,120	$70,080	$75,720	$81,300

La Madrid Apartments Details

85 one, two and three bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Section 811 PRA

Property Amenities

Fitness Center
On-Site Manager
Energy Star Appliances
Swimming pool
Resident Lounge
Play Area

Unit Amenities

Washer and Dryer Included

Nearby Amenities

Near Schools
Near Movie Theatre
Near Shopping
Near Restaurants

Office Hours

Day	Hours
Monday	9:00am-5:00pm
Tuesday	9:00am-5:00pm
Wednesday	9:00am-5:00pm
Thursday	9:00am-5:00pm
Friday	9:00am-5:00pm

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Section 811 PRA

Some of the units at this property have received funding through HUD's Section 811 Project Rental Assistance (PRA) Program. For these PRA funded units, tenants must be extremely low-income (at or below 30% of Area Median Income) and at least one adult member of the household must have a disability. The person with the disability must be eligible for community-based, long-term services as provided under the state’s plan for medical assistance under Title XIX of the Social Security Act (Medicaid), state funded services or other appropriate services defined in the written partnership agreement.