Stone Oak Resident Update | July 2023
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
Stone Oak Client Update | June 2023
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...
4 Ways to Maximize Your Rental Property Income in Austin, Texas
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...
106 Indigo Run Cove Available for Lease in Austin, Texas
106 Indigo Run Cove, Austin, TX 78738
3,775 SF | 4 Bed | 5 Bath
View this and more Austin, Texas rental homes that are available now!
Looking for property management services for your Austin, Texas rental home? Learn more about Stone Oak Property Management and our services.
3012 E 14th 1/2 Street Available for Lease in Austin, Texas
3012 E 14th 1/2 Street, Austin, Texas 78702
916 SF | 2 Bed | 1.5 Bath
For more information about this home and others, view our Austin, Homes for rent!
Own a rental property like this in Austin? Learn more about Stone Oak's Austin property management services.
Stone Oak Resident Update | June 2023
Company Holiday Schedule
In order to make sure our office closing schedule is easy to find we’ve posted it on our website. Here you can find Stone Oak's holiday closing schedule. We will be closed on these dates and will return calls, texts, and emails when we return.
Beware of Scams - They're Everywhere!
We just want to remind you that we will never call you to ask for your bank info, social security number, or other personal information on the phone or by email. We will also never ask you to pay for anything with gift cards, cryptocurrency, etc. All of our emails will come from our domain, www.stoneoakmgmt.com, or through our software as a long string of letters/numbers from the domain @stoneoak.mailer.appfolio.us. Our property management software also includes a texting service that will not match our office number, but if you try to call that number it will go directly to our main office phone line. Please stay vigilant, maintain a...
Stone Oak Client Update | May 2023
Austin, Texas Leasing Market Update
As we move further into 2023, Greater Austin’s real estate market has seen some pretty significant shifts in pricing, inventory, and more. Above you will see the April 2023 market stats released from the Austin Board of Realtors.
Median price falling, # of closings falling, days on the market up with ‘Months of Inventory’ slowly growing, as well as new listings being down 10%. What does it all mean?
A slowdown is upon the Austin, Texas real estate market.
ABOR’s stats typically only focus on the sales market and aren’t focused solely on the leasing market. We must look elsewhere to see how the to rental market in Austin is being affected. Using data from apartmentdata.com, we are able to see the same slowing down effect taking place in the rental market.
After a peak just after the beginning of 2023, you can see the dip on the ch...
16900 Aventura Avenue Available for Lease in Pflugerville, Texas
16900 Aventura Avenue, Pflugerville, TX 78660
2,825 SF | 4 Bed | 3 Bath
View this and more homes available for rent across Austin, Texas!
Thinking of renting your property in Pflugerville, Texas? Claim your FREE rental market analysis from one of the experts here at Stone Oak Property Management.
5809 Charles Merle Drive #A Available For Lease in Austin, Texas
5809 Charles Merle Drive #A, Austin, TX 78747
1,840 SF | 3 Bed | 2.5 Bath
Interested in this home? You can learn more about this rental home and apply today on our website!
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Own a rental property in Austin, Texas, or thinking or converting your property into a rental home? Request a FREE rental market analysis from Stone Oak Property Management to learn how much your property can earn in rent!
Stone Oak Client Update | April 2023
Tax Protest Deadline is Upon Us
The Travis County preliminary values were just released, and based on the info we’ve received the average increase in home valuations is up 5.4% despite a slowing real estate market. An increase is likely to be seen across the board in surrounding counties as well.
The 2022 protest season was very successful, and we’re now getting ready for 2023. If you have not set up your online portal with Home Tax Shield and added your credit card then your protest may not be filed. It’s very important to get these steps done as soon as possible to avoid missing the deadline. In the coming weeks we will be sending out a follow up email as well, however if you want to confirm you are set up then check your protest portal to make sure the status says “Ready to File.”
If you’d like to set up tax protests for this year please contact your property manager, and keep in mind that to get the cost structure we’ve negotiated you must sign up through us. If you’re already set up you can review your account or make changes directly in your
