Weschester Woods

19600 North Heatherwilde Boulevard, Pflugerville, TX 78660
Status: Available
Year Built: 2002 & 2003
For more information please contact:
brandon@lihtcadvisors.com
In Cooperation with:

Zimmerman Properties
Vaughn Zimmerman

# of Units: 250
# of Buildings: 26
# of Stories: 2
Rentable SF: 257,508
Lot Size: 23.10 Acres
Density: 10.82 Units/Acres

Highlights:

  • The HERA Maximum Allowable Rents have Grown by Over 23% Since 2016
  • Strong Population Growth in Pflugerville, with a 173% Increase Over the Last 20 Years
  • Travis County is Home to the University of Texas at Austin, which has an Enrollment of Over 50,000 Students
  • Amazon is Planning to Build a $200 Million, 3.8 Million Square Foot Warehouse in Pflugerville
  • Fortune 500 Companies with Headquarters or Regional Offices in Austin Include Amazon, Apple, Cisco, Google, and Many Others
  • Low Income Housing Tax Credit Restrictions Expire in 2032

Description:

Westchester Woods is a 250-unit affordable housing community located in Pflugerville, TX. The property is conveniently located close to schools, restaurants, public parks, and major transportation arteries with direct access into Round Rock or Austin. Within minutes of the property is an abundance of shopping venues, such as Ikea, Walmart, The Round Rock Premium Outlets, H-E-B, The Home Depot, Sam’s Club, Kohl’s, Target, and many others.

The property was built and placed in service in 2002 & 2003 under the Section 42 Low Income Housing Tax Credit (LIHTC) program. There is an existing regulatory agreement in place which requires all units to be rented to income qualifying residents earning no more than 60% of Area Median Income (AMI) limits, which are provided by the Texas Department of Housing & Community Affairs. The property is beyond its initial tax credit compliance period.

Westchester Woods is comprised of one, two, and three bedroom apartments homes featuring washer & dryer connections, vaulted ceilings, walk-in closets, air conditioning, ceiling fans, and window treatments. Community amenities include a swimming pool, a playground, after school homework assistance, a business center, clubhouse, an on-site fitness center, an on-site laundry facility, sand volleyball, and planned resident activities. The property pays for trash removal.

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