The Colony Property Management

Let us manage your The Colony Rental Property

Our management approach places our owners in the driver's seat, giving them choices that our competitors don't offer. Yes, each month we collect rents for our owners and send them the proceeds, but that is not all we do. Our goal is for our owners to have peace of mind, knowing their property is in good hands. We provide open communications, fair but firm rent collection, repair coordination, monthly and annual statements, HOA / city code issue resolution, and eviction services. We work hard to keep our owners up-to-speed.

How much rent can you get for your investment?

Our market analysis helps landlords make informed decisions about their rental property, so they can manage their investment wisely.

Get Optimized Rental Value for Your Property
Gain Crucial Insight into Current Market Conditions
Determine Your Cashflow from Monthly Rental Value

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Are you an Owner?

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Other

Self Managing Your Rental?

Why You Need A Professional The Colony Property Manager

Managing a rental property can be stressful, but it doesn’t have to be. We can help--We know the Texas Property Code, we answer the phone at night when repairs are needed, and we know what to do if your tenant doesn’t pay rent. We can give you peace of mind help you take a more passive approach with your investment.

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We Are Experts In Our Field

Your Dedicated The Colony Property Management Team

Our property managers know the area and are dedicated to managing your investment as if it were their own. Put our years of experience to work for you - trust one of our professionals with all your property needs.

Meet Your Team

What We Do

as your The Colony Property Manager

Marketing

We utilize a multi-pronged approach when marketing your property. This includes listing in the MLS, exposure across multiple web sites, and a detailed listing on our own web site. Also, we partner with other area property managers to exchange tenants for mutual benefit.

Tenant Screening

You care about your property and want good tenants who will pay the rent on time and keep up with maintenance. One bad tenant can kill your cash flow. That is why we go beyond simple credit checks and carefully review a number of tenant credentials:

credit checks
criminal history checks
sex offender database scan
previous rental history
employment verification

By keeping the bad tenants out, we protect your investment and cut down on the probability of evictions, tenant damages, and (thus) your expenses.

Rent Collection

Our tenants have multiple ways to deliver the rent. We use a fair but firm approach to rent collection and get our owners in the loop when necessary.

Maintenance

We conduct inspections upon move-out and at renewal that include documentation of the property’s condition, and we ensure all maintenance issues are addressed in a timely manner.

Financial Reporting

Our owners receive a monthly statement which is posted to their Owner Portal. Any contactor invoices are also posted, for your records. Annual statements are delivered each January.

Eviction Protection

Because of our careful screening techniques, we have very few evictions. However, we do perform evictions if necessary at no extra charge--court costs are passed through to you with no markup.

Excellent Pricing

Don't be fooled by management companies who quote low management fees, only to "nickel and dime" you with additional fees for services that should be included. Also, we DO NOT charge you when your property is vacant. This gives us incentive to get you a tenant. That is why our pricing structure is designed so that we don't get paid unless you are getting paid. The following pricing structure makes us unique:

No fees charged when the property is vacant.
No eviction fees--only actual expenses are passed through to owners.
No repair coordination fees--only actual repair costs are pass through to owners.
We charge a very low leasing fee of 50% of one month's rent and 10% for renewals
We charge a management fee that varies depending on the number of units managed.
We charge no other fees.

Consider us to manage your property. Are you managing your property yourself but tired of the hassles? Or, do you have an average property manager who does not maintain the property or communicate with you? These are some key areas where we provide real value as your property manager.

Discover The Colony

The Colony is located within, and derives its name from, the original Peters Colony lands, on the site of the Hedgcoxe War.

The Colony did not exist before 1969, when home developers Fox and Jacobs (since purchased by Centex) purchased most of the land located around State Highway 121 and Farm to Market Road 423. They planned the development of a new "dream city" modeled after the city of Dallas, consisting primarily of single-family homes grouped as a "colony". The homes were served by a municipal utility district formed to bring water, electricity (via Texas Power and Light), cable television (via Lakeside CATV) and telephone service (via Southwestern Bell). Source