Denton vs Nearby Cities
Located less than 50 miles north of Fort Worth and Dallas in northeastern Texas, Denton is home to one of the state’s more expensive real estate markets. The median listing price is around $300,000 much of the time, which is comparable to many nearby cities like Decatur and Lewisville. Listing prices above $400,000 are found in Grapevine, Frisco, Dallas and many larger cities in this region, but there are also some nearby towns that offer slightly lower prices. As this area of Texas continues to grow and more employers move into the region, home prices are likely to soar even higher.
Denton Property Managers
Property managers are experts when it comes to keeping rental units occupied and ensuring that leased property remains in compliance with all state and local laws. A manager can communicate efficiently with tenants, and they may initiate the eviction process when rent isn’t paid or other rules are violated. A manager can also handle accounting, marketing and other essential tasks.
Denton Property Management Company Fees
A Texas property manager may charge up to 10 percent of the gross rent collected from tenants each month. Most fees are negotiated with the needs of a specific property in mind, but the fee structure typically includes a management fee along with additional charges that may apply at select times.
- Landlords have no restrictions when determining how much to charge for late fees in Texas.
- When a tenant fails to pay their rent, the landlord must give the tenant three days to vacate the property before they can legally start the eviction process.