Texas

USDA rental housing in Waller County, TX

7 properties in Waller County have USDA Section 515 or 514 financing: 351 apartments across 3 towns. 271 of those units carry USDA rental assistance, which ties what an eligible tenant pays to income.

7properties
351apartments
271rental assistance units
92vacant 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 Listings come from USDA's public data and may be out of date.

Brookhollow Apts

3444 Depot St, Brookshire, TX 77423

Family · 4 1BR, 40 2BR, 4 3BR

Managed by Megan Properties Management INC

Units
48
Rental assistance
48
Vacant
8
Accessible
0
Opened
1988

Green Manor Apts

2000 4th Street, Hempstead, TX 77445

Family · 8 1BR, 32 2BR

Managed by Megan Properties Management INC

Units
40
Rental assistance
17
Vacant
22
Accessible
2
Opened
1983

Pine Meadows Apts

20598 Pine Island RD, Hempstead, TX 77445

Family · 60 2BR

Managed by Megan Properties Management INC

Units
60
Rental assistance
48
Vacant
20
Accessible
0
Opened
1982

Waller Co Shady Oak

506 Ellen Powell Dr, Hempstead, TX 77445

Elderly · 36 1BR, 4 2BR

Managed by Megan Properties Management INC

Units
40
Rental assistance
36
Vacant
5
Accessible
4
Opened
1989

Willowchase Apts

1845 5th Street, Hempstead, TX 77445

Family · 16 1BR, 41 2BR

Managed by Megan Properties Management INC

Units
57
Rental assistance
31
Vacant
25
Accessible
3
Opened
1985

Woodland Estates I

700 Factory Outlet Dr, Hempstead, TX 77445

Elderly · 46 1BR, 4 2BR

Managed by Belmont Management Co., INC

Units
50
Rental assistance
48
Vacant
1
Accessible
3
Opened
1994

Oak Bend Apartments

3025 Waller St, Waller, TX 77484

Family · 14 1BR, 42 2BR

Managed by Megan Properties Management INC

Units
56
Rental assistance
43
Vacant
11
Accessible
0
Opened
1984

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 7 are limited-profit. 5 also have housing tax credits. 2 serve elderly tenants. 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 Waller 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).