What Is The Average Property Management Fee In Texas?

Kyle Teixeira
Nov 12
4 min read

If you own rental property in Mansfield, TX, or elsewhere in the Dallas-Fort Worth Metroplex, one question likely on your mind is: How much will property management cost me? At Teixeira Property Management, we believe landlords deserve clear, honest answers. This article explains the typical property management fees in Texas, what influences them, and how to know if you’re getting a good deal.

What You’ll Learn

Typical fee ranges for property management in Texas
Common extra charges beyond the base management fee
Factors that affect how much you pay
How to evaluate and compare fee proposals

Typical Property Management Fee Rates in Texas

Here are the standard fee ranges you’ll see if you hire a professional manager in Texas.

Fee Type	Typical Range / Amount
Monthly Management Fee	8%–12% of the monthly rent collected.
Tenant Placement / Leasing Fee	50%–100% of one month’s rent, often charged when you need to fill a vacancy.
Lease Renewal Fee	Can be a fixed fee (e.g., $200-300), or a percentage of rent, sometimes up to a full month's rent in certain markets.
Maintenance Mark-Up or Coordination Fee	Usually 10%-15% over vendor invoices to cover coordination, oversight, etc.
Setup, Inspection, Eviction Fees, etc.	One-time setup fees often range from $100 to $350; inspection fees can be $75-$150; eviction/legal costs may run $200-$500+, depending on complexity.

So, if your rental property brings in $1,500/month, a typical full-service property management agreement would cost about $120 to $180/month, plus extra fees when tenants turn over, leases renew, maintenance is needed, etc.

What Affects the Fee You’ll Pay

Not every property or management agreement is the same. Here are key variables that move the numbers:

1. Property Type & Size

Single-family homes, multi-unit buildings, and commercial rentals each have different complexities. More units often give leverage for lower percentages.

2. Location

Fees in urban and high-demand areas (Dallas, Fort Worth, Austin, Houston) tend toward the higher end of the range. Rural or less competitive markets may have slightly lower fees.

3. Scope of Services

“How full service is full service?” can change the cost significantly. If you want the company to handle everything (tenant placement, rent collection, maintenance, bookkeeping, inspections, evictions), expect fees on the higher end. If you only need limited services, you might get a lower rate or flat fee.

4. Vacancy Rates, Tenant Turnover, & Condition of Property

If a property tends to have frequent turnover or requires a lot of repairs, the management company will need to invest more time and effort, which may lead to higher fees.

5. How Many Properties Do You Own

Owners with multiple properties often negotiate lower rates or bundled services because of economies of scale.

How to Read Fee Proposals

When you're comparing proposals from management companies, here are things to check:

Is the base monthly management fee based on rent collected or rent due? If a tenant doesn’t pay, sometimes you shouldn’t pay management for that month.
What services are included in the base fee? Do you pay extra for inspections, renewals, evictions, or maintenance coordination?
Are there hidden or ancillary fees (advertising, leasing, cleaning, legal)?
What is the markup or multiplier on vendor invoices?
What's the cancellation or early termination policy?

Average Fee in Texas / What the Data Shows

Summarizing recent studies and averages:

According to a broad survey, Texas property management companies tend to charge ~8.87% of collected rent on average.
Tenant placement (leasing) typically costs around 83.9% of one month’s rent in places that charge only placement (i.e., not bundled with ongoing management).
Renewal fees average around $200-$250 or about 20-25% of a month’s rent, depending on the company and lease type.

Teixeira Property Management’s Approach

Here in Mansfield, TX, our goal is transparency. When you work with Teixeira Property Management, you’ll see:

A clear monthly management fee rate with all core services listed
No surprises, leasing, tenant placement, maintenance coordination, and lease renewals are explained up front
Detailed fee schedules so you know what extra services cost

Is It Worth It?

While paying for property management reduces your net profit a bit, for many property owners, it pays off. Benefits include:

Less time spent handling tenant issues
More consistent rent collection
Professional handling of legal, maintenance, and compliance matters
Often, better tenant retention, which reduces turnover costs

For many landlords, the value in stress reduction, legal compliance, and higher occupancy outweighs the cost of management.

Conclusion

To sum up:

In Texas, the standard property management fee is usually 8-12% of the monthly rent collected, with extra charges for leasing, renewals, inspections, etc.
The exact cost depends on property type, location, condition, number of units, and services required.
Supplier proposals differ; understanding exactly what’s included matters.

If you own rental property in Mansfield, TX, or any part of the Dallas-Fort Worth Metroplex, and you’re evaluating your options, Teixeira Property Management can help. Book Now for a free consultation, or Contact Us to get a personalized fee estimate and fee schedule today.