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La Merced Homes

413 S. Virginia Ave., Mercedes, Texas 78570

This uniquely crafted community in Mercedes, Texas has everything you need, from beautiful surroundings to easy access to local highways and interstates. La Merced is strategically located close to great restaurants, shopping, and entertainment venues. For some fun in the sun, visit one of the many parks in the area. La Merced is the only place to call home!

The 3-bedroom homes for rent feature premium amenities for your comfort and convenience. Finding the right home to fit all your needs has never been easier. Designed for modern living, the particular accommodations ensure residents have unparalleled comforts that are second to none. You won’t want to miss these La Merced homes!

Pride is taken in being on the cutting edge of design and amenities. Section 8 is welcome in this pet-friendly community, so come home to La Merced in Mercedes, Texas! Experience a landmark address unlike any other, and elevate your lifestyle to new heights.

Unit (Bd/Ba) Ft2 Rent
Three Bedroom (3/1) 832 Call for Price
Four Bedroom (4/1) 972 Call for Price

Eligibility for La Merced Homes

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 Mercedes but actual income limits may differ for units at La Merced Homes.

AMI Band 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $24,860 $30,000 $35,140 $40,280 $44,750 $47,600
50% $32,450 $36,050 $38,950 $41,850 $44,750 $47,600
80% $51,900 $57,650 $62,300 $66,900 $71,500 $76,100

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 Mercedes but actual income limits may differ for units at La Merced Homes.

AMI Band 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $32,450 $36,050 $38,950 $41,850 $44,750 $47,600
Low Income (60%) $38,940 $43,260 $46,740 $50,220 $53,700 $57,120

La Merced Homes Details

  • 100 three and four bedroom units.
  • Section 8 Project-Based Rental Assistance (PBRA)
  • Low-Income Housing Tax Credit (LIHTC)

Unit Amenities

  • Yard
  • Central Heat & Air

Office Hours

Day Hours
Monday 8:00am-5:00pm
Tuesday 8:00am-5:00pm
Wednesday 8:00am-5:00pm
Thursday 8:00am-5:00pm
Friday 8:00am-5:00pm
Section 8 Project-Based Rental Assistance (PBRA)

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

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.