Cascade Villas

4822 Fairway Blvd, Wichita Falls, Texas 76310

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Cascade Villas is managed by Wilhoit Properties.

Cascade Villas offer 2-bedroom and 3-bedroom apartment homes with large open floor plans. Each unit comes cable ready and features a fully equipped kitchen, dishwasher, ceiling fans, private patio or balcony, and full-size washer/dryer included. Property amenities include a clubhouse, library with computers, fitness center, playground, picnic areas with grills, and 24-hour emergency maintenance. Cascade Villas offers easy highway access and is closed to schools.

Unit (Bd/Ba) Ft2 Rent
Two Bedroom (2/2) 990 Call for Price
Three Bedroom (3/2) 1170 Call for Price

Eligibility for Cascade Villas

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 Wichita Falls but actual income limits may differ for units at Cascade Villas.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person
Very Low Income (50%) $28,050 $32,050 $36,050 $40,050 $43,300 $46,500
Low Income (60%) $33,660 $38,460 $43,260 $48,060 $51,960 $55,800

Cascade Villas Details

  • 60 two and three bedroom units.
  • Water and Sewer utilities included in rent
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Fitness Center
  • Playground
  • BBQ and Picnic Area
  • Clubhouse
  • Library
  • 24hr Emergency Maintenance
  • Pest Control
  • Computer Room

Unit Amenities

  • Ceiling Fan(s)
  • Dishwasher
  • Cable Ready
  • Patio Deck Or Balcony
  • Extra Storage
  • Fully Equipped Kitchen
  • Washer and Dryer Included
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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