Leasing in North Texas is Hot

For Rent Sign in Front of Home

While the temperatures have been at or above the 100-degree mark, I’m not talking about the heat wave in North Texas. I’m talking about the lease-home market.

If you’re searching for a lease home in the area and find something you like, you need to be ready to submit lease applications because the good, clean, and well-priced leases are going faster than new listings are coming on the market. You need to have completed applications and funds ready for the application fee.

Search for Lease and Rental Homes in North Texas

If you’re an investor looking for solid income-producing properties, the North Texas market is a great place to be. Capitalization rates are on the rise, the local economy is stable, and with more people moving into the area, the demand for rentals is climbing rapidly.

Search the North Texas MLS

Have questions or need more information?  Contact us!

You Did Not Change The Locks!

You did not rekey the locks

I received an email this morning from an agent who represented the tenant on one of my lease listings.

In his email, he noted that, “While the landlord changed the locks after the last tenant moved out, Texas Law requires the landlord to change the locks within 7 days of the new tenant moving in.”

This is common misunderstanding of the Texas Property Code.

“TPC 92.156 – REKEYING OR CHANGE OF SECURITY DEVICES.  (a)  A security device operated by a key, card, or combination shall be rekeyed by the landlord at the landlord’s expense not later than the seventh day after each tenant turnover date.”

“TPC 92.151 (15) – Tenant turnover date” means the date a tenant moves into a dwelling under a lease after all previous occupants have moved out.”

The period in which the landlord must rekey the locks starts when the last tenants move out and runs for 7 days after the new tenants move in. This concept is also part of the standard Texas Association of REALTORS® (TAR) Residential Lease. Paragraph 19A reads:

“Subchapter D, Chapter 92, Property Code requires the Property to be equipped with certain types of locks and security devices. Landlord has rekeyed the security devices since the last occupant vacated the Property or will rekey the security devices within 7 days after Tenant moves in. “Security device” has the meaning assigned to that term in §92.151, Property Code.”

The intent (implied in TPC 92.151 and spelled out in paragraph 19A of the TAR lease) is for the landlord to change the locks between tenants but no later than 7 days after the tenant moves in.

See all Lease and Rental Homes in North Texas

Tom Branch, Broker, CDPE, SFR

Home For Lease in Little Elm TX 2024 Scott Creek

Little Elm TX Home for Lease

3 Bedrooms | 2 Baths | 2 Car Garage | 1784 SF/Tax

Little Elm TX Home For Lease – Imagine yourself finding a lease home that looks like new! Gourmet kitchen has solid surface countertops and 42 inch cabinets. Oversized master suite has sitting area and large walk-in closet. New carpet, fresh paint, lawn sprinklers, energy efficient windows, designer colors, and large fenced back yard, Appliances include washer, dryer, and side-by-side refrigerator. Community amenities include pools, club house, playground, and jogging path. 

Little Elm Texas Home For Lease for Current Pricing, Details, Photos, and Virtual Tour.

Photo: Copyright ©2011 – Imaged2Sell | Source: NTREIS

Townhomes and Condos For Lease in Plano TX

We’ve had a number of inquiries about townhomes and condos for lease in Plano, Texas. 

Enclaves at Willow Crest Townhomes

While a suburb on the north side of Dallas, Plano is the ninth largest city in the State of Texas with a population of about 260 thousand people. Plano is home to many corporations and has plenty of dining, shopping, and recreational activities.

Plano has easy access to the rest of the Dallas Fort Worth Metroplex using the North Dallas Tollway on the west side, the President George Bush Turnpike on the south side, the Sam Rayburn Tollway on the north side, and Central Expressway on the east side. DART’s Red Line offers light rail access to much of the greater Dallas area.

Rental and lease homes are plentiful. However, townhomes and condominiums are in limited supply.

Townhomes and condos began to be built in Plano over the last decade and are concentrated on the northwest side of the city although there has been some new construction in the old part of Plano near DART’s Downtown Plano Station.

You can search for leases and rental in Plano using the links below:

Single Family Homes For Lease in Plano TX

Townhomes and Condos For Lease in Plano TX

Feel free to contact us if you have any questions or want to set up a time to view any of the homes for lease.

Photo ©2010 – Imaged2Sell

Lease and Rental Homes in DFW

Are you looking to lease or rent a house, townhouse, or condominium in the Dallas Fort Worth area? Check out www.ntxleasing.com.

Lease and Rental Homes in DFW

As tenant representatives, we can assist you in your search, show you properties, and negotiate the terms of the lease. The best part is our fee is paid by the property owner!

McKinney TX Home For Lease 3312 Nutmeg

McKinney TX Home For Lease 3312 Nutmeg

Copyright 2011 - Imaged2Sell

4 Bedrooms | 2 Baths | 2-Car Garage | 2205 SF/Tax

McKinney TX Home For Lease – Warm and inviting home with hand scraped hardwood floors. Open island kitchen with built-in desk has Corian-type counters, custom tile back splash, new dishwasher and microwave. Master suite has jetted tub, dual vanities and walk-in closet. Fourth bedroom could be used as study. Enjoy the surround sound in living room and outdoor speakers on covered patio. Designer touches include crown molding, French doors, upgraded fixtures, and fresh paint. 

Current status, pricing, photos, and a virtual tour for this McKinney TX Home for Lease.

Source: NTREIS

Carrollton Texas Homes For Lease – 2005 Robin Hill

The Branch Team | Real Estate Broker 0547597 | RE/MAX Dallas Suburbs

Carrollton Texas Homes For Lease - 2005 Robin Hill

Copyright 2010 - Imaged2Sell

3 Bedrooms | 2.1 Baths | 2-Car Garage | 1814 SF/Tax

Carrollton TX Homes For Lease – Immaculate, Greenbriar home with pool in High Country. Gourmet kitchen with granite counters, flat cook top, updated appliances, and tumbled marble backsplash. Oversized master suite has direct access to the backyard oasis with pool and spa. Master bathroom updated in May 2009. Energy efficient with new Low E windows, updated HVAC, radiant barrier, and extra insulation. Lease price includes refrigerator and pool maintenance! Will not last! 

Click here for current status, pricing, photos, and a virtual tour.

Source: NTREIS