Austin Property Management Blog

Stone Oak Client Update | July 2022

Grant Williams - Monday, July 18, 2022

New Office

We have moved offices! Our new address is:

14050 Summit Drive #113B
Austin, Texas 78728

Details of the new location can be found here.

Austin Labor Shortages

On top of the supply chain issues, labor shortages in Austin are exacerbating the availability of maintenance and other services due to the steep incline of housing prices.  Many people throughout all labor demographics are having a hard time affording Austin’s high prices, which results in them moving to the outskirts, nearby cities, or leaving the region altogether.   This is making maintenance extremely difficult in some situations and is ultimately costing our clients more as you likely already know. Here is a recent article in the context of home builders being unable to complete projects.

Home Warranty Woes

The labor and ma...

Stone Oak Resident Update | July 2022

Grant Williams - Tuesday, June 28, 2022

We’re moving!

Our office will be changing locations in July.  As of July 8, 2022 our new address will be:

14050 Summit Drive Ste 113B
Austin, TX 78728

We will be closed on Friday, July 8, 2022 to move our office to the new location.

July 4th Holiday Hours

In observance of Independence Day, we will be closed on Monday, July 4, 2022.

Summer is in Full Swing!

With many days over 100 degrees, we’re feeling the full force of the Texas Summer.  We see a lot of HVAC requests without enough info, so please provide as much detail as you can if you’re having HVAC issues.  For example, don’t send a maintenance request that just says “AC” or “AC not working.”  We need to know why you think it’s not working, such as the thermostat is set to 75, but it’s 85 inside.  We will send you some troubleshooting steps before we determine if someone needs to be dispatched.  

Another issue we’re seeing a lot of is waiting to report an issue until the weekend. &nb...

Stone Oak Client Update | June 2022

Grant Williams - Friday, June 17, 2022

Maintenance and Repairs

Time is of the essence when it comes to repairs in certain situations. We are facing an unprecedented demand for maintenance services while also dealing with a vendor labor market that is overloaded with work requests.  This is across ALL trades from fence builders to plumbers to HVAC vendors, and it's unlike anything we have ever seen in our industry. 

Our vendors are working feverishly to complete all maintenance and make-ready repairs in a timely manner. We ask that you please take this into consideration when requesting multiple bids for repairs and make-ready items. There are going to be scenarios where a second estimate may not be available in a timely enough manner and may do more harm than good when accounting for the time passed waiting for the bid.

Home Warranties HVAC and Extreme Heat

Please be advised that the Austin area has extreme shortages in trades to keep up with the construction that is happening all around the city. This leaves very little trade work willing to work with Home Warranties. In a case where you have an HVAC maintenance call in the extreme Texas heat, we may have to go outside of your Home Wa...

Stone Oak Resident Update | June 2022

Grant Williams - Thursday, May 26, 2022

Residential Benefits Program and Renters Insurance

We have officially rolled out the updated RBP plan that includes renter’s insurance by default for all renewals and new leases.  The details can be found on our website in the tenant resources by opening up the sample lease and taking a look at the Renter’s Insurance Addendum.  This is a very reasonably priced Renter’s Insurance option and we recommend comparing it to your current coverage.  The RBP default coverage insures all adults on the lease for only $11.00/month, and can be modified with increased contents coverage if the default of $10,000 is less than desired.  The details also spell out some other great benefits, and you don’t have to maintain a separate policy.  You can pay for this policy with your rent at a cost that is likely lower than your current coverage.  If you’re interested in getting on board with the RBP with or without insurance please contact your property manager.

Unauthorized Occupants/Pets 

Did you know an unauthorized occupant or una...

304 S Gadwall Lane Available for Lease in Cedar Park, Texas

Grant Williams - Thursday, May 26, 2022

304 S Gadwall Lane, Cedar Park, Texas 78613

3,416 SF | 5 Bed | 4 Bath

For more information view this and our other available rental properties around Austin, Texas.

Stone Oak Client Update | May 2022

Grant Williams - Tuesday, May 17, 2022

Austin, Texas Rental Market Trends

Since the start of the pandemic in 2020, Austin’s real estate market has been on the rise. There have been a multitude of factors that have contributed to the rise in costs everywhere, especially in Austin. The data below shows the increase in home value % across the state of Texas. As you can see, our area has been the most affected by the changes happening these last couple of years. 

As inflation steadily increases, so does the cost of living for everyone. Landlord's rates on insurance, maintenance and the like continue to go up, and to offset these costs the tenants then pay more in rent to live in the home. Below is a glimpse of the inflation we are currently facing in America.

Stone Oak Resident Update | May 2022

Grant Williams - Thursday, April 28, 2022

Residential Benefits Program and Renters Insurance

Last month we briefly talked about the importance of Renter’s Insurance in the context of the Tornadoes that impacted quite a few people in the Central Texas area.  The second round of storms spun up in the weeks since then that dropped more tornadoes northeast of Austin.   This is just one example of things that might trigger a need for renter’s insurance to cover your cost of temporarily staying somewhere else while repairs are made.

When we recently introduced the Resident Benefits Program (RBP) we were also working on Renter’s Insurance options with the goal of setting up a simple and cost-effective insurance option for tenants.  We’ve finally got that set up and by May 15th we will be rolling it out to be included with all new leases and lease renewals.  By default, all new enrollments will include Renter’s Insurance in the cost with options to change some coverage, or provide proof of your own policy.  If you’re already enrolled in the RBP the insurance piece will not be included until after your renewal, but if you’d like to explore getting renter’s insurance sooner than that let us know.  We’re happy to provide ...

Stone Oak Client Update | April 2022

Grant Williams - Monday, April 18, 2022

Property Tax Time - What to Do?

The Travis County Appraisal District has released appraisals to homeowners across Austin, and expectedly, home values are way up.

The data this year shows the median home price in Austin now sits at $632,208. Up from $413,403 in 2021 and $354,622 in 2020. That represents an increase of 52.9% in just the last year. Congratulations if your property has appreciated alongside this crazy market!

One thing that comes with this rise in value though, is the rise in property taxes. We expect a lot of homeowners this year to be surprised at the size of their tax bill for their property. As a property owner, you have actions you can take that can greatly help you reduce this amount owed for your property taxes every year!

We encourage clients of Stone Oak Property Management to protest their property taxes, and have negotiated a deal for our clients with our partner, Home Tax Shield, when you set up the protest through us. The cost of the service is contingent on savings they are able to obtain for you so if they don’t save you any money you don’t pay! We are able to assist our clients with working with Home Tax Shield, we just need the owner’s approval to do so.<...

3304 Lauren Nicole Lane Available for Lease in Round Rock, Texas

Grant Williams - Thursday, April 14, 2022

3304 Lauren Nicole Lane, Round Rock, TX 78665

1,600 SF | 3 Bed | 2 Bath

Learn more about this available rental home today!

Own an investment / rental property in Round Rock? Learn more about Stone Oak's property management services for Round Rock, Texas

3124 Bravo Drive Available for Lease in Leander, Texas

Grant Williams - Tuesday, April 5, 2022

3124 Bravo Drive, Leander, TX 78641

2,780 SF | 5 Bed | 3.5 Bath

View this property and other rental homes available now in Austin, Texas!

Own a property like this one? Learn more about Stone Oak's Leander property management services!


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Contact Us

Stone Oak Property Management
14050 Summit Drive #113B
Austin, TX 78728

Phone: 512.617.6766
New Accounts: 512.615.7737
Toll Free: 888.892.7940
Fax: 512.994.2300

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