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Independent living

Pegasus Villas Senior Living

Independent living in Dallas, Texas

Checked November 2, 2026

Provider details
Address7200 N Stemmons Fwy, Dallas, TX 75247
CityDallas
StateTexas
Phone214-951-0777
Websitehttp://www.pegasusvillas.com/
Age requirement62 and older
Age rule basisHUD designates this property's client group as elderly, and HUD multifamily elderly housing eligibility is age 62 or older for the head of household.
Apartments156
Housing programHUD elderly-designated multifamily housing
Income restrictedNo

Pegasus Villas is a high-rise apartment community in Dallas for seniors age 62 and older, near Bachman Lake Park. It offers one- and two-bedroom apartments with walk-in closets and washer and dryer connections, in a smoke-free, pet-friendly building. Residents enjoy a 24-hour fitness center, a library and business center, a swimming pool and spa, and around-the-clock emergency maintenance.

More about this provider

The property's own site describes Pegasus Villas Senior Apartments as a high-rise, smoke-free, pet-friendly community in Dallas for seniors 62+ with one- and two-bedroom apartments, a 24-hour fitness center, library and business center, pool and spa, on-site management and 24-hour emergency maintenance, near Bachman Lake Park, shopping, dining and public transportation.
Services and programsTours offered (site invites readers to schedule a tour); professional on-site management; around-the-clock (24-hour) emergency maintenance; 24-hour fitness center, community library and business center, swimming pool, and spa stated as community amenities
Who it servesSeniors age 62 and older (a high-rise community for seniors 62 and older, stated on the site's home page)
Payment types it statesAffordable housing program participant - household income and student status limitations apply (per the verified 2026-11-08 crawl of the site's own description; the fresh 2026-11-09 homepage read did not repeat that line - see notes)
Visiting and contact details7200 N Stemmons Fwy, Dallas, TX 75247 (site's own business block, exact listing address); site phone 469-416-4622 (differs from listing phone - see notes)
Websitehttp://www.pegasusvillas.com/

Who pays for independent living?

What this care costs, and who pays — Medicare, Medicaid, or the family — is covered in these guides:

Independent living guide · Paying for care

Common questions about Pegasus Villas Senior Living

Where is Pegasus Villas Senior Living located?

Pegasus Villas Senior Living is at 7200 N Stemmons Fwy, Dallas, TX 75247.

How do I contact Pegasus Villas Senior Living?

Call Pegasus Villas Senior Living at 214-951-0777.

How much does independent living cost?

There is no single price for independent living. Rent is set by each community and varies a lot by city. The cost survey this site uses does not publish a national median for independent living, so we do not print one. Medicare does not pay for it, so families pay the rent out of pocket. See our guide to independent living costs and who pays for the full picture.

Does Medicare pay for independent living?

No. Medicare does not pay rent or housing costs. It pays for your medical care while you live there, like doctor visits, hospital care, and home health visits. The housing itself is paid out of pocket.

What is the difference between independent living and assisted living?

Independent living is housing for older adults who can live on their own. It gives a private home, meals in some places, and social activities. It does not include help with daily tasks. Assisted living adds that help. Staff help with bathing, dressing, and medicine, and staff are on hand day and night.

Who else pays for independent living besides Medicare?

Families pay the rent out of pocket. No insurance pays for independent living rent. Low-income senior apartments funded by HUD keep rent lower for people who qualify. Some veterans put VA pension payments toward the rent.

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