The Element is managed by The NRP Group LLC.
Looking for luxury, affordable apartments in the northeast area of Austin? Conveniently located off TX-130 and TX-45, The Element offers the relaxed and rewarding lifestyle you're looking for, combining outstanding design and a host of top-notch amenities.
At The Element, you're a short drive away from the Shops at Tech Ridge & Tech Ridge Center, North East and Walnut Creek Metropolitan Parks, The Domain and the vibrant cultural scene of Austin! Coveted location, carefree living, and unmatched amenities all work together to create a lovely private respite. You may never want to leave home.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | 651 | From $1,226 |
Two Bedroom (2/2) | 902 | From $1,468 |
Three Bedroom (3/2) | 1055-1059 | From $1,693 |
Four Bedroom (4/2) | 1304 | From $1,878 |
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 The Element.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $40,900 | $46,750 | $52,600 | $58,400 | $63,100 | $67,750 | $72,450 | $77,100 |
Low Income (60%) | $49,080 | $56,100 | $63,120 | $70,080 | $75,720 | $81,300 | $86,940 | $92,520 |
Day | Hours |
---|---|
Monday | 9:00am-6:00pm |
Tuesday | 9:00am-6:00pm |
Wednesday | 10:00am-7:00pm |
Thursday | 9:00am-6:00pm |
Friday | 9:00am-6:00pm |
Saturday | 10:00am-5:00pm |
Sunday | 1:00pm-5:00pm |
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.