Dallas, a cornerstone of North Texas, is famous for its booming economy, dynamic job market, and iconic landmarks like the Reunion Tower and the Dallas Arts District. With its blend of modern urban living and suburban appeal, the city continues to attract both residents and real estate investors eager to tap into its growing market.
Real estate investors in the area will often start by managing their own properties, only to find it can feel like taking on an additional full-time job. This realization leads to rental property owners looking around for reputable local property managers to oversee their rentals, communicate with tenants, and handle various financial responsibilities.
If you’re seeking experienced assistance, here are 10 professional property management companies in Dallas.
To help you evaluate your options, we’ve provided the following information for each property manager (where available; otherwise noted as “N/A” if not publicly disclosed):
- Years in business
- Property management fee
- Leasing fee
- Renewal leasing fee
- Maintenance fee
- Property setup fee
- Project management fee
- Number of rentals managed
This is not intended to be an exhaustive list of all Dallas-area property managers. Instead, we have chosen to focus on those who prioritize transparent pricing and have a well-established track record of serving investors in the Dallas market.
Mynd (Top Choice)
Mynd Property Management serves the residential real estate sector with a combination of on-the-ground experts and innovative technology. Mynd makes it seamless for investors to approve service requests, communicate with their property managers, and monitor performance metrics in real time.
Here’s why real estate investors around Dallas trust Mynd to manage their rental properties:
- Rental Income Guarantee: If a Mynd-placed resident misses a payment, Mynd will cover up to one-month of rent, to help you bridge any gap in cash flow.
- Eviction Protection Plan: In the rare case that you need to evict a Mynd-placed resident, Mynd will cover court costs and legal fees up to $3,000.
- All marketing is done for you, including professional photography, listing your property on 40+ rental advertising sites, and virtual tours.
- They conduct strict resident screenings including proof of income, identity validation, and credit checks.
- Mynd’s intelligent pricing engine is powered by in-house data from 18,000+ active units under management. This helps provide detailed metrics on current market rental rates, to deliver better financial outcomes with higher quality residents.
Key Metrics:
- Years in business: 9
- Property management fee: $119 - $139 flat fee per month (based on the number of properties under management)
- Leasing fee: 50% of first month's rent
- Renewal leasing fee: 25% of renewal ($399 min, $1000 max)
- Maintenance fee: Costs for repairs vary based on the scope of the work. The Mynd team works with a network of approved vendors to deliver quality work at fair rates. A significant percentage of service requests are handled by in-house technicians or virtually and virtual service requests come at no additional cost.
- Property setup fee: None
- Project / additional fees: For larger repair or capital projects that are more specialized or technical, Mynd uses a network of vetted vendors and their in-house teams of trade specialists to review bids. This ensures you get high-quality work without being over-charged.
- Rentals managed: ~18,000 units
Specialized Property Management
Specialized Property Management’s stated goal is to help rental property owners reap the benefits of rental investing without the drawbacks. Specialized Property Management claims to pledge low vacancy rates, thoroughly screened tenants, and cost-effective maintenance services.
Key Metrics:
- Years in Business: 17
- Property Management Fee: $99 - $189 per month
- Leasing Fee: 0% - 60% of first month's rent
- Renewal Leasing Fee: $375 flat fee
- Maintenance Fee: N/A
- Property Setup Fee: N/A
- Project Management Fee: N/A
- Rentals Managed: N/A
View Specialized Property Management‘s website
Keyrenter Property Management
Servicing a wide range of north Dallas communities like Addison, Allen, Carrollton, Fairview, Frisco, Little Elm, McKinney, Murphy, Plano, Richardson, and The Colony, Keyrenter claims to make property investment easy for landlords by taking care of the nitty gritty details of home management. Keyrenter also offers comprehensive accounting services to its investor clients.
Key Metrics:
- Years in Business: 13
- Property Management Fee: 8% - 9% of monthly rent
- Leasing Fee: 80% of one month’s rent
- Renewal Leasing Fee: $295
- Maintenance Fee: N/A
- Property Setup Fee: $195
- Project Management Fee: N/A
- Rentals Managed: N/A
View Keyrenter Property Management’s website
PMI DFW Properties
PMI DFW Properties is a full-service real estate asset management company serving the Dallas-Fort Worth area. They claim to offer professional residential and commercial property management services, utilizing technology to provide property owners with real-time insights into their investments and tenants with access to maintenance requests and billing.
Key Metrics:
- Years in Business: 6
- Property Management Fee: 8% - 10% of monthly rent
- Leasing Fee: 50% - 75% of first month’s rent
- Renewal Leasing Fee: N/A
- Maintenance Fee: N/A
- Property Setup Fee: N/A
- Project Management Fee: N/A
- Rentals Managed: N/A
View PMI DFW Properties’ website
McCaw Property Management
McCaw Property Management, established in 2003, provides property management services in the Dallas-Fort Worth area. They specialize in residential properties, offering services such as tenant screening, property marketing, maintenance coordination, and financial reporting.
Key Metrics:
- Years in Business: 21
- Property Management Fee: $150 flat fee per month
- Leasing Fee: 75% of first month’s rent
- Renewal Leasing Fee: $150
- Maintenance Fee: N/A
- Property Setup Fee: N/A
- Project Management Fee: N/A
- Rentals Managed: N/A
View McCaw Property Management's website
Dallas Property Management Pros
Dallas Property Management Pros offers property management services in the Dallas, Texas area focusing on single-family homes, apartments, and condos. Their services include tenant placement, rent collection, maintenance coordination, and property marketing.
Key Metrics:
- Years in Business: 8
- Property Management Fee: $125 flat fee per month
- Leasing Fee: 75% of first month’s rent
- Renewal Leasing Fee: N/A
- Maintenance Fee: N/A
- Property Setup Fee: None
- Project Management Fee: N/A
- Rentals Managed: N/A
View Dallas Property Management Pro's website
Omnikey Realty
OmniKey Realty, established in 2006, provides property management services across North Texas, including the Dallas-Fort Worth area, Houston Metro, Tyler, Killeen, and Waco. They manage single-family, multi-family, and commercial properties, offering services such as tenant screening, rent collection, maintenance coordination, and financial reporting.
Key Metrics:
- Years in Business: 18
- Property Management Fee: 6.5% of monthly rent for 1-4 unit properties, 4-5% of monthly rent for 5+ unit properties
- Leasing Fee: 75% of first month’s rent for 1-4 unit properties, 65% of monthly rent for 5+ unit properties
- Renewal Leasing Fee: $150 for 1-4 unit properties, $100 for 5+ unit properties
- Maintenance Fee: N/A
- Property Setup Fee: None
- Project Management Fee: N/A
- Rentals Managed: N/A
PURE Property Management
PURE Property Management of Texas specializes in managing residential properties, including single-family homes, condos, and apartments. They offer services such as resident screening, rent collection, maintenance coordination, and financial reporting, utilizing technology to streamline property management processes.
Key Metrics:
- Years in Business: 17
- Property Management Fee: 8% - 10% of monthly rent
- Leasing Fee: 75% of first month’s rent
- Renewal Leasing Fee: N/A
- Maintenance Fee: N/A
- Property Setup Fee: None
- Project Management Fee: N/A
- Rentals Managed: 25,000+
View PURE Property Management’s website
Ziprent
Ziprent is a different kind of property management company than the others on the list. Rather than having a local, boots-on-the-ground team in Dallas, they utilize technology to streamline the rental process for both property owners and tenants.
Key Metrics:
- Years in Business: 5
- Property Management Fee: $125 flat fee per month
- Leasing Fee: $1,250 flat fee
- Renewal Leasing Fee: $250
- Maintenance Fee: N/A
- Property Setup Fee: N/A
- Project Management Fee: N/A
- Rentals Managed: 3,500+
Assign Property Management
Assign Property Management offers property management services in the Dallas-Fort Worth area, including Dallas, Tarrant, and Denton counties. They provide online rental payments, electronic disbursements, individual portals, strategic online advertising, tenant screening, and maintenance coordination for both tenants and property owners.
Key Metrics:
- Years in Business: 5
- Property Management Fee: 7% - 9% of monthly rent (based on number of units under management)
- Leasing Fee: 65% of first month’s rent
- Renewal Leasing Fee: N/A
- Maintenance Fee: N/A
- Property Setup Fee: N/A
- Project Management Fee: N/A
- Rentals Managed: N/A
View Assign Property Management’s website
