Texas

USDA rental housing in Grayson County, TX

6 properties in Grayson County have USDA Section 515 or 514 financing: 232 apartments across 5 towns. 172 of those units carry USDA rental assistance, which ties what an eligible tenant pays to income.

6properties
232apartments
172rental assistance units
22vacant 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 Listings come from USDA's public data and may be out of date.

Glenbrook Apts C/o Texoma Mgmt Co

420 W Young St, Howe, TX 75459

Family · 24 2BR

Managed by Texoma Mgmt Co

Units
24
Rental assistance
13
Vacant
1
Accessible
0
Opened
1980

Glenbrook Apts II

311 N Collins Freeway, Howe, TX 75459

Family · 8 1BR, 16 2BR

Managed by Texoma Mgmt Co

Units
24
Rental assistance
0
Vacant
0
Accessible
0
Opened
1986

Williamsburg Apts

100 Williams St, Pottsboro, TX 75076

Family · 4 1BR, 24 2BR

Managed by Texoma Mgmt Co

Units
28
Rental assistance
15
Vacant
2
Accessible
0
Opened
1978

Windscape Apts

633 Blassingame Ave., Van Alstyne, TX 75225

Family · 16 1BR, 24 2BR

Managed by Boola Prop Mgmt Ltd

Units
40
Rental assistance
35
Vacant
0
Accessible
2
Opened
1986

Emerald Park Apartments

2000 W Highway 82, Whitesboro, TX 76240

Family · 36 1BR, 40 2BR

Managed by Pk Housing And Management Co

Units
76
Rental assistance
75
Vacant
18
Accessible
3
Opened
1977

Waterford Apts

2346 Pettit Parkway, Whitewright, TX 75491

Family · 16 1BR, 24 2BR

Managed by Boola Prop Mgmt Ltd

Units
40
Rental assistance
34
Vacant
1
Accessible
2
Opened
1985

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 6 are limited-profit. 4 also have housing tax credits. 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.

Watch a property for maturity or prepayment

Pick a Grayson County property. We'll email when USDA's monthly file shows its use-restriction date, rental assistance, unit count or ownership type change, or when it drops out of the active portfolio, which is what happens when the loan is prepaid or paid off.

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Every property in one file: 515/514 portfolio download (CSV and JSON).