3551 Pine Needle Circle, Round Rock, TX 78681
2,234 SF | 3 Bed | 2.5 Bath
View this and more available Austin, Texas rental homes!
3551 Pine Needle Circle, Round Rock, TX 78681
2,234 SF | 3 Bed | 2.5 Bath
View this and more available Austin, Texas rental homes!
Real Estate Market Update
The real estate market seems to be cooling off according to a recent article that is based on recent board data. As we’ve mentioned previously there is more rental property inventory coming online which is increasing competition for prospective tenants and driving down rents. This trend is continuing and means you must be priced competitively to lease a property, and raising rents when renewing may end up causing a vacancy if it is too aggressive or drives the rent above the market rates. At least one blogger who specializes in real estate has posted an article recently supporting the assertion that being competitive in the leasing market is more important now than it has been for a long time.
Heat and Wildfires
If you’re here in Te...
Summer Heat and Air Conditioners
The extreme, record-breaking summer temps have been on a long streak. We discussed these items in the last post, so if you missed that or want a refresher you can see that here.
Watering the Trees at Your Rental Property
The recent record-breaking heat in Texas is rapidly depriving trees of much-needed water to sustain life and prevent disease, so it is critical that you make sure yours are being watered. Established trees do not need daily watering but will still benefit from weekly watering if the rains continue to hold off. A small windbreak tree, one planted a year or two ago, still needs about 2 or 3 gallons of water a week. A 2-inch diameter tree (measured at 6 inches above the ground) should receive about 20 gallons of water a week during drought periods. The best means of applying this water for landscape trees is slowly with a soaker hose placed near the tree. While tree roots typically extend out as far ...
Real Estate Market Update
While the real estate sales market continues to adjust to the interest rate changes earlier this year we still see a healthy demand for rentals in our market that continues to have a housing shortage. The population of many Texas cities continues to grow with employers moving or expanding in Central Texas, and as of 2022 the US Census Bureau stated that “Georgetown, Texas, remained the fastest-growing city by percent change in 2022.”
As mentioned in our previous update many apartment developments are coming online, but there is a certain portion of the population that prefers detached housing and are willing to pay a premium for it over stacked apartment housing. An article in April from Money magazine states that Austin saw the highest drop in rent pricing since 2020, which in our experience is certainly tied to apartments rather than detached dwellings. That will likely ...
15813 De Peer Avenue, Austin, Texas 78717
1,727 SF | 4 Bed | 2 Bath
For more information, view our available rental homes in Austin, Texas!
Thinking of leasing your single-family home in Austin, Texas? Learn more about Stone Oak's Austin property managers and the services we provide!
1,380 SF | 3 Bed | 2 Bath
For more information about this home visit our Austin, Texas home for rent page.
Own a rental property in Austin, Texas, and looking for a trusted property manager? Learn more about Stone Oak Property Management and our Austin Property Management Services.
Summer Heat Waves
The Summer Solstice is here and we are feeling it! Blistering summer-like heat has brought on excessive heat warnings and heat advisories in effect for much of Texas with no clear end in sight. With major cities across Texas breaking heat records, we want to urge all residents to stay safe in the extreme heat and try to avoid the hottest hours of the day, if you can. When temperatures reach such highs do the following:
Drink plenty of fluids
Stay in an air-conditioned room, out of the sun
Use fans to cool you off instead of turning down the A/C thermostat
Do not leave young children or pets unattended in vehicles in any circumstance
When possible, reschedule strenuous activities to early morning or evening if you work or spend time outside
Check on the elderly, sick and those without A/C
Austin, Texas Leasing Market Update
The real estate market is still stabilizing in Austin after interest rate adjustments over the last several months. There is still significant demand and the rental market is seeing more competition as many apartments are completing construction and coming online. Here is a recent article discussing the current market.
Extreme Heat
If you’re in Texas you know that we’re experiencing a series of days over 100 degrees with no end in sight, and it’s only June! It’s going to be hot for the foreseeable future, and we’re breaking temperature and electrical usage records. Over Father’s Day weekend, we had heat indexes o...
Maximizing rental property income in Austin, Texas can be a challenging and rewarding endeavor for Landlords. As one of the fastest-growing cities in the United States, Austin is becoming increasingly popular with renters. Landlords can benefit from taking the right steps to maximize their rental income. Here are four ways to maximize rental property income in Austin, Texas:
Research the Local Rental Market
Identifying the right rental rates for your living space is key to maximizing rental income. Before listing your property on the market, research comparable listings to determine what the market will bear. Additionally, keep up to date on changing rental rates as they can fluctuate over time.
If you aren’t sure how much your property is worth in rent you can do a comparative analysis on your property vs others like it. We offer a free CMA service for landlords interested in renting their homes.
Request your free rental market analysis for your rental property in Austin, Texas.
Properly Market Your Home to Renters
Uti...
Stone Oak Property Management
14050 Summit Drive #113B
Austin, TX 78728
Phone: 512.617.6766
New Accounts: 512.615.7737
Toll Free: 888.892.7940
Fax: 512.994.2300
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