Affordable Senior Apartments
Rent is limited to households under income caps that vary by area. Check with the property.
Community Of Possibilities
375 White Way Road · Sherman, TX 75092 · LIHTC property ID LIHTC-TXA0000X450 · 96 units
This number identifies the property in LIHTC (elderly), the housing program that funds it and sets its rent rules. It is not a care license, and it does not mean a state agency inspects care here. About this housing program (opens in a new tab).
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About Community Of Possibilities
Community Of Possibilities is an affordable senior apartment property in Sherman, Texas. Rent is income-restricted through the Low-Income Housing Tax Credit program, which caps rent but does not license or inspect care. The housing program lists 96 units. It is one of 5 affordable senior apartment properties listed in Sherman. Its public records were last updated in December 2024.
Public record
Inspection history
We don't have inspection reports for this provider yet. The state licensing agency can share its latest ones.
Rent range for this county
HUD fair market rent · FY2026
This is HUD’s fair market rent for Grayson County, not a quoted rent for this property. Income-restricted properties usually charge a share of income instead.
$1,089 to $1,351per month
The low end is HUD’s one-bedroom figure and the high end is the two-bedroom figure for the same county. HUD’s very low income threshold for a one-person household in this county is about $33,400 a year, roughly 50 percent of area median income. That is the line most Section 8 and income-restricted senior housing programs use. It is a figure for the county, not this property’s cutoff, because each program sets its own limit. Ask the property which one applies. This is a rent for the area, not a price for care, and it does not include any care services.
Nearby alternatives
Other licensed providers in Sherman.
Park Manor Senior Community
Park Manor Senior Community
Deciding between options? Texas Medicaid for Long-Term Care: 2026 Guide
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