Gracelake Townhomes
3985 Sarah St, Beaumont, Texas 77705
🔴 Expiring Imminently
Gracelake Townhomes is a 128-unit multifamily property located at 3985 Sarah St in Beaumont, Texas 77705. Placed in service in 2011 under the LIHTC program, its 15-year compliance period expires in 2026. This property's compliance period is expiring imminently.
Year-15 Compliance Timeline
EXPIRING IMMINENTLYPlaced in Service
2011
Expiration
2026
2011
2014
2017
2020
2023
2026
⚠️
Compliance expires has expired
This property's 15-year LIHTC compliance period is expiring or has recently expired. The owner may be considering disposition, recapitalization, or Year-15 exit options.
Compliance Period
15 Years
Years Elapsed
15 / 15
Years Since
0
Property Overview
HUD IDTXA20110850
Year Placed in Service2011
Year-15 Expiration2026
Acquisition Status🔴 Expiring Imminently
Unit Breakdown
Total Units128
Low-Income Units128
Low-Income Ratio100%
2022 Tenant Profile
HUD Property-Level Data · Source: HUD LIHTC
Race & Ethnicity of Head of Household
White78%
Hispanic / Latino0%
Asian0%
Hawaiian / Pacific Islander0%
Other / Multi-racial0%
Household Composition
With Children13%
Elderly 62+22%
Head 62+19%
Disability Status
Members with Disability64%
Household Size at Certification
Actual = Certified size100%
Actual < Certified size0%
Actual > Certified size0%
2022 HUD Tenant-Level Data — values <11 masked per HUD non-disclosure rules