Gainesville Garden
2300 Alabama Dr, Gainesville, TX 76240
Elderly · 40 1BR
Managed by Fountainhead Mgmt
- Units
- 40
- Rental assistance
- 38
- Vacant
- 7
- Accessible
- 5
- Opened
- 1989
Texas
USDA rental housing in Cooke County, TX
5 properties in Cooke County have USDA Section 515 or 514 financing: 248 apartments across 2 towns. 239 of those units carry USDA rental assistance, which ties what an eligible tenant pays to income.
5properties
248apartments
239rental assistance units
45vacant units reported
Equal housing opportunity. Properties financed by USDA Rural Development must follow the Fair Housing Act, which bars discrimination because of race, color, religion, sex, disability, familial status or national origin. If you believe you were treated unfairly, you can file a complaint with HUD at 1-800-669-9777 or with USDA at 866-632-9992.
Open Country does not own, manage or rent these properties and does not take applications. Contact each property's management company for availability, rents and eligibility. Listings come from USDA's public data and may be out of date.
Park Ridge Apts
2415 E Highway 82, Gainesville, TX 76240
Family · 20 1BR, 16 2BR
Managed by Pk Housing And Management Co
- Units
- 36
- Rental assistance
- 35
- Vacant
- 9
- Accessible
- 2
- Opened
- 1985
Willowick Apt
1501 Newland Dr, Gainesville, TX 76240
Family · 30 1BR, 30 2BR
Managed by Hamilton Valley Management
- Units
- 60
- Rental assistance
- 55
- Vacant
- 0
- Accessible
- 4
- Opened
- 1998
Woodglen Park Apartments
2415 E Hwy 82, Gainesville, TX 76240
Family · 40 1BR, 48 2BR
Managed by Pk Housing And Management Co
- Units
- 88
- Rental assistance
- 88
- Vacant
- 27
- Accessible
- 0
- Opened
- 1979
Valley View
505 N Pecan Creek Trl, Valley View, TX 76272
Family · 9 1BR, 15 2BR
Managed by Hamilton Valley Management
- Units
- 24
- Rental assistance
- 23
- Vacant
- 2
- Accessible
- 2
- Opened
- 1997
Source: USDA Rural Development, Section 515/514 active properties file (data as of October 19, 2026). Vacancies are as USDA last recorded them, not live availability.
Who can rent here
USDA-financed apartments are for very low, low and moderate income households (7 CFR 3560.152), and elderly and congregate properties also require a household that meets USDA's definition of elderly. In a unit with USDA rental assistance, the tenant pays the highest of 30% of monthly adjusted income, 10% of gross monthly income or a welfare shelter allowance, and the assistance covers the rest of the rent (7 CFR 3560.203). Each property's manager checks income against USDA's limits for the area when you apply and can tell you whether a unit with rental assistance is open.
For owners and buyers
All 5 are limited-profit. 3 also have housing tax credits. 1 serves elderly tenants. USDA's file shows use restrictions on 1 property here ending by 2031. Owners of aging 515 properties can use a Section 538 guaranteed loan to finance a transfer and rehab, at USDA's lower 60 and 25 basis point preservation fees. How 515 transfers work with 538.
Every property in one file: 515/514 portfolio download (CSV and JSON).