Cayetano Villas of La Vernia

120 Villas Dr, La Vernia, Texas 78121

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Cayetano Villas of La Vernia is managed by Asset Living Property Management.

Cayetano Villas of La Vernia is an affordable apartment community offering 1-, 2-, and 3-bedroom units. This community is located near many restaurants, retail establishments, and schools.

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 680 Call for Price
Two Bedroom (2/2) 950 Call for Price
Three Bedroom (3/2) 1200 Call for Price

Eligibility for Cayetano Villas of La Vernia

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 La Vernia but actual income limits may differ for units at Cayetano Villas of La Vernia.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person
50% $30,750 $35,150 $39,550 $43,900 $47,450 $50,950

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 La Vernia but actual income limits may differ for units at Cayetano Villas of La Vernia.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person
Very Low Income (50%) $30,750 $35,150 $39,550 $43,900 $47,450 $50,950
Low Income (60%) $36,900 $42,180 $47,460 $52,680 $56,940 $61,140

Cayetano Villas of La Vernia Details

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

Property Amenities

  • Fitness Center
  • Clubhouse
  • Gated Community
  • Laundry Centers
  • On-Site Maintenance
  • Swimming pool

Unit Amenities

  • Washer and Dryer Hookup
  • Walk-in Closet(s)
  • Balconies or Patios Available
  • Central Heat & Air
  • Cable & Internet Ready

Office Hours

Day Hours
Monday 8:30am-5:30pm
Tuesday 8:30am-5:30pm
Wednesday 8:30am-5:30pm
Thursday 8:30am-5:30pm
Friday 8:30am-5:30pm
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.

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