Property Management in Colleyville, Texas
Colleyville lies between Dallas and Fort Worth, and is a convenient home base for those who work and play in the Metroplex. What began as a northern Texas farming settlement in the mid-1800s has evolved into the growing suburb that it is today. Residents boast that a convenient location, highly-regarded school system and small-town vibe are the best features of this beloved city.
Basic Demographic Information
Colleyville has successfully maintained an appealing rural atmosphere throughout decades of population growth. As of July 2018, the United States Census Bureau reported the city’s population at approximately 27,000 residents.
The education and income statistics recently reported by the United States Census Bureau indicate that families and working professionals delight in what this city has to offer. An estimated 98.5% of residents are identified as high school graduates, while 65.8% of residents hold a minimum of a bachelor’s degree. The median household income is more than $164,000 per year.
Renting or Purchasing a Home
Median home values in this suburban enclave are among the highest in the Metroplex. As of October 2019, Zillow listed the median home value as $528,000, representing a 5.1% increase over the previous year. Median home values are expected to rise approximately 2.5% throughout 2020. During the same time frame, Zillow reported the median list price of homes as $679,000.
Renters can expect to pay an average of $1,961 per month for a three-bedroom unit. When considering residential rentals of all types, renters may pay in excess of $3,490 per month.
Connection and Recreation
Colleyville residents are well-connected to Dallas, Fort Worth and surrounding communities. Major highways and thoroughfares are easily accessible, and the local commuter train, TEXRail, stops in nearby Grapevine and North Richland Hills. Jet-setters are a mere five miles away from the Dallas/Fort Worth International Airport, one of the busiest airports in the United States and home to an American Airlines hub.
Outdoor enthusiasts find themselves at home in this laid-back city. Eleven recognized parks and greenbelts are the foundation of their extensive parks and recreation department. Whether you want to participate in a friendly athletic competition, let the kids burn excess energy on the playground, take a nature walk or simply enjoy acres of open space, it is all found minutes away from urban Dallas and Fort Worth.
Reasons to Celebrate
Life in this quaint community is cause for a celebration. Residents mark their calendars for the National Night Out, Old Tyme Steak Cookoff, Haunted Trail Fest, Art on Main and the Christmas Tree Lighting Ceremony. These annual events, among others, bring the community together for traditional Texas fun.
Our experienced professionals are ready to answer your questions about property management in this coveted community. Contact us today to set up your comprehensive market analysis!
Colleyville Property Management
Our property management team specializes in residential areas throughout Colleyville, TX. We offer multiple services to take your rental property and convert it into reliable income. We have a thorough screening process that helps to identify the right tenants for your property. Our team works hard to keep both parties happy through effective communication, bullet proof lease agreements, and timely monthly rent collection. We offer maintenance services to enhance the property and ensure that it will retain or increase in value. We oversee everything, allowing you to sit back and relax and know that your property and your tenants are in good hands. Contact us today if you are ready to receive a comprehensive analysis of your rental property and to inquire about our Colleyville area property management services.
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