The Bluestone Apartments

1000 Blue Stone Cir, Mabank, Texas 75147

Contact The Bluestone Apartments

The Bluestone offers a variety of affordable 1-bedroom, 2-bedroom, and 3-bedroom apartment homes. Each unit features 9-foot ceilings, walk-in closets, and full-size washer/dryer connections. Property amenities include a community room with kitchen, business center, fitness center, conference room, laundry facilities, playground, and picnice areas with grills.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	750	Call for Price
Two Bedroom One Bath (2/1)	950	Call for Price
Two Bedroom Two Bath (2/2)	968	Call for Price
Three Bedroom (3/2)	1255	Call for Price

Eligibility for The Bluestone 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 Mabank but actual income limits may differ for units at The Bluestone Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person
30%	$15,200	$19,720	$24,860	$30,000	$35,140	$40,280	$44,750
50%	$25,250	$28,850	$32,450	$36,050	$38,950	$41,850	$44,750

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 Mabank but actual income limits may differ for units at The Bluestone Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person
Very Low Income (50%)	$25,250	$28,850	$32,450	$36,050	$38,950	$41,850	$44,750
Low Income (60%)	$30,300	$34,620	$38,940	$43,260	$46,740	$50,220	$53,700

The Bluestone Apartments Details

76 one, two and three bedroom units.
Section 538 Guaranteed Rural Rental Housing
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Fitness Center
Playground
BBQ and Picnic Area
Community Room
Business Center
Energy Efficient Design
Laundry Facilities
Community Kitchen

Unit Amenities

Ceiling Fan(s)
9 ft. Ceilings
Walk-in Closet(s)
Window Coverings
Storage
Balconies or Patios Available
Full-Size Washer & Dryer Connections

Section 538 Guaranteed Rural Rental Housing

Section 538 is an affordable rural rental housing program for households earning incomes at or below 115% of the area median income.

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.