Greysteel announced the sale of Riverwalk Townhomes, a fully affordable LIHTC community at 1001 E. Washington St. in Stephenville, Texas.
The 76-unit property was acquired by a Dallas-based private investor for an undisclosed amount.
Built in 2004 and spanning fourteen acres, the property was developed and previously owned by Tejas Housing Group and stands as a vital source of stable, income-restricted housing for local families. With all units reserved under Low-Income Housing Tax Credit (LIHTC) guidelines, Riverwalk Townhomes offers a mix of 2-, 3-, and 4-bedroom townhomes, supporting affordability and stability in the Stephenville community.
