Austin Property Management Blog

Having been in property management for over 10 years, Stone Oak Property Management has worked with our fair share of vendors in different industries. One industry our owners are always checking to make sure we work with are home warranty companies. As a leading Austin property management company, Stone Oak advises our current and potential clientele to leave the home warranty policy behind. While a home warranty policy can seem attractive on paper, typically they just add another layer of work on top of any issues with your rental property. 

Typically a Home Warranty is “gifted” to our property owners during the purchase of a rental property to enhance the perceived value of the property “deal“. Other times they are purchased by the home buyer/owner that may be afraid of an avalanche of maintenance costs. In both cases, the perception of value is far greater than what will typically ever be realized.  Not only will the value prove to be less than was hoped for, the aftermath of trying to utilize it can cost you in a number of untold ways.

In every case, the first action the Home Warranty company will do, when contacted by your proper...

103 Insider Loop, Elgin, TX 78621

1,539 SF | 3 Bed | 2 Bath

Visit our 'Rentals' page to learn more and view our available Austin rental homes.

12292 Mulligan Glen Court Unit C, Austin, TX 78753

1,266 SF | 2 Bed | 2 Bath

Learn more about this home and view more available Austin rental properties on our Rentals page. 

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Own a rental property like this? Learn more about our Austin property management services. 

10302 Stubble Quail Circle, Austin, TX 78758

1,324 SF | 4 Bed | 2 Bath

Apply for this home today or view this and other Austin, Texas homes for rent from Stone Oak Property Management!

The markets in Austin & the Central Texas area are still going strong. We were not sure how COVID-19 would affect the housing market and more importantly the local economy, but we keep getting surprised.

The rental market has slowed as we enter the tail end of the year, but we believe it to be seasonal. We are still leasing homes every week and our economy is strong in Central Texas. In September, the Texas Workforce Commission (TWC) stated that our unemployment rate for Texas is 6.8 percent and 5.5 in the Austin-Round Rock MSA. “Texas is below the national seasonally adjusted rate of 8.4 percent" and the rate has been slowly dropping and is now the lowest since March 2020.

The market for homes for sale has not slowed down. The demand for housing in greater Austin is fueled greatly because we don't have the inventory to meet the demands of everyone trying to move to the area. Affordable houses are being sold well over asking prices after a bidding war and often without inspection periods. Our brokerage and sister company, Central Metro Realty,...

1200 E 11th Street #304, Austin, TX 78702

513 SF | 1 Bed | 1 Bath

For more information about this apartment for rent visit the 'Rentals' tab of our website.

Whether you own a portfolio of rental properties, a single unit or you’re thinking about investing in rental properties you may have looked into the operational side of things and have been considering hiring an Austin property management company to handle your property(s). 

If you own properties already you may have considered a property manager in the past or may have even worked with one, but if you’re new to investing in Austin real estate you still may be weighing the benefits of hiring a property manager to manage your property. After all, a rental property is an investment vehicle and everyone, regardless of industry, should be looking to make their investments do more for them. 

It’s popular for new real estate investors wanting to acquire a rental property in the Austin area to think that real estate is this passive, headache-free investment that will net them serious profit for years to come. Some feel that once you place tenant things get easier from there and you collect your passive rental income. If only that were true..

The truth is, once a property has a tenant things become more hands-on for rental property owners. Prior to having tenants living ...

4702 Dove Springs Drive, Austin, TX 78744

1,092 SF | 3 Bed | 2 Bath

Check out this home and other available Austin, Texas homes for rent!

Do you own a single-family rental home like this in Austin or the surrounding area? Learn more about our Austin property management services today. If you have any questions please don't hesitate to contact us!

If you haven’t already taken a look at our recent post regarding the news interview and article about evictions you can view it by visiting the link below.

Eviction Protections in Austin, TX Hurting Landlords

We have been notifying our tenants of any available rent assistance programs and encouraging them to participate if they are delinquent.  We are seeing an uptick in delinquent accounts of which most are setting up payment plans and complying. However, it is a much higher delinquency rate than we’ve seen before.  The current rate is about 5% of tenants, that number has grown from less than 1% previously.  

Politics aside, hopefully after the election we’ll see some action on taking the burden off of landlords that was created by the CDC order protecting tenants but doing nothing for landlords.

We also want to give you a quick update about tax protests. Our contact with the firm we use recently notified us that due to the pandemic the ...

1165 Nevarez, Kyle, TX 78640

View this and more Austin, TX area homes for lease made available by our Austin property management company!