The Lakes of Eldorado

1400 Eldorado Pkwy, Mckinney, Texas 75069

The Lakes of Eldorado are located just a short drive from some of the best shopping, restaurants, and schools in Carrollton. Bostons and the Spoons Café are just minutes away when you want to grab a quick meal, or you can pick up essentials nearby at Trader Joes or Albertsons. The 1-, 2-, and 3-bedroom apartment homes are also conveniently located near Malvern Elementary School, Faubian Middle School and McKinney High School.

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 576 From $1,027
Two Bedroom One Bath (2/1) 749 From $1,228
Two Bedroom Two Bath (2/2) 850 From $1,228
Three Bedroom (3/2) 959 From $1,411

Eligibility for The Lakes of Eldorado

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 Mckinney but actual income limits may differ for units at The Lakes of Eldorado.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person
Very Low Income (50%) $36,100 $41,250 $46,400 $51,550 $55,700 $59,800
Low Income (60%) $43,320 $49,500 $55,680 $61,860 $66,840 $71,760

The Lakes of Eldorado Details

  • 220 one, two and three bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Fitness Center
  • Tot Lot
  • Clubhouse
  • Garage
  • Laundry Centers
  • Courtesy Patrol
  • Play Area

Unit Amenities

  • Ceiling Fan(s)
  • Handicapped Accessible
  • Dishwasher
  • Garbage Disposal
  • Walk-in Closet(s)
  • Storage
  • Refrigerator
  • Balconies or Patios Available
  • Full-Size Washer & Dryer Connections

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
Saturday 10:00am-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.

Images of The Lakes of Eldorado
Image of The Lakes of Eldorado
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