When it comes to property management companies in Texas, fees can vary depending on the services offered and the location of the property. However, as a general rule of thumb, you can expect to pay between 8 to 12 percent of the rental amount for the property management services in residential areas. In addition to this percentage, there may also be additional costs such as administrative fees, leasing fees, and maintenance fees. It’s important to note that these fees are not set in stone and can vary from company to company. Some firms may even offer a flat monthly rate per unit, which can be beneficial for property owners who manage multiple units. To make sure you’re getting the best deal, it’s important to shop around and compare the services and fees of different property management companies before making a final decision. Here are some key takeaways to keep in mind:
Most property managers in Texas charge between 8 to 12 percent of the rental amount for residential properties.
Additional costs may include administrative fees, leasing fees, and maintenance fees.
Some property management companies may offer a flat monthly rate per unit.
It’s important to compare the fees and services of different companies before choosing one.