Austin Property Management Blog

We are off to a running start for 2021. The 2020 year was full of surprises and pitfalls, but as a company we fared better than most. Our rent collections stayed consistent and we were able to continue to practice property preservation with a pandemic in full swing. Our staff at Stone Oak is dedicated to serving you and your Austin property management needs in 2021 with the same integrity and passion for excellence that you expect from us. 

On January 14, 2021, President-elect Biden announced his stimulus proposal. In this plan, he proposes some payments to landlords, forbearance options and more money directly to taxpayers that qualify. The proposal suggests the payments for rents included in the proposal are to be made directly to landlords. This would be a move in the right direction, however, he is also proposing to extend the eviction moratorium until September 2021. The issues are complex and create more challenges, however, we are doing our best to stay ahead of them and continue to remain effective in rent collections. Keep in mind, this is simply a proposal and will ...

2316 Hat Bender Loop, Round Rock, TX 78664

1,867 SF | 3 Bed | 2 Bath

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1009 Alden Court, Austin, TX 78758

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21402 Greylag Drive, Pflugerville, TX 78660

For more information about this property visit our Austin, Texas rental properties page. 

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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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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.