Compass Pointe Apartments

1509 Wayside Dr, Midland, Texas 79701

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Compass Pointe Apartments is managed by Asset Living Property Management.

Compass Pointe offers a variety of 1-bedroom, 2-bedroom, and 3-bedroom apartment homes. Each unit comes cable & internet ready and features 9-foot ceilings, shaker style cabinets, a fireplace, Energy Star appliances, refrigerator with ice-maker, full-size washer/dryer connections, walk-in closets, patio or balcony, and outside storage. Property amenities include a clubhouse, business center, computer lab, fitness center, game room, laundry facility, swimming pool with sundeck, playground, dog park, and picnic area with barbeque grills. Compass Pointe Apartments are conveniently located near shopping, dining, highways and the Midland International Air & Space Port. 

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 730 From $948
Two Bedroom (2/2) 945 From $1,148
Three Bedroom (3/2) 1230 From $1,279

Eligibility for Compass Pointe Apartments

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 Midland but actual income limits may differ for units at Compass Pointe Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person
Very Low Income (50%) $34,550 $39,500 $44,450 $49,350 $53,300 $57,250
Low Income (60%) $41,460 $47,400 $53,340 $59,220 $63,960 $68,700

Compass Pointe Apartments Details

  • 206 one, two and three bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 221 (d) (3)

Property Amenities

  • Controlled Access
  • Fitness Center
  • Playground
  • BBQ and Picnic Area
  • Business Center
  • Clubhouse
  • On-Site Manager
  • Pool
  • 24hr Emergency Maintenance
  • Gated Community
  • Energy Star Appliances
  • Game Room
  • Laundry Facility
  • On-Site Laundry
  • Dog Park

Unit Amenities

  • Ceiling Fan(s)
  • Dishwasher
  • Fireplace
  • Garbage Disposal
  • Microwave
  • 9 ft. Ceilings
  • Walk-in Closet(s)
  • Carpet
  • Refrigerator
  • Kitchen Pantry
  • Linen Closets
  • Self-Cleaning Ovens
  • Private Patio and Balcony
  • Full-Size Washer & Dryer Connections

Nearby Amenities

  • Close to Dining
  • Close to Shopping
  • Near Highway or Interstate
  • Close to Entertainment

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-2:00pm
Sunday Closed
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.

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