Property Management in Grapevine, Texas
Grapevine, Texas Details
With a population of just under 54,000 people, it is a popular residential community for commuters who work in Dallas and Fort Worth. Families are attracted to the high quality public schools. Both of its high schools have been praised by national agencies. Other educational opportunities abound. For example, its public library, located on Main Street, has many programs for children. It even boasts a planetarium and has featured star shows. There are also many parks, water parks and community pools.The variety of resources available for families is not remarkable given that this is a relatively upscale and educated area. According to U.S. Census data, in 2017 the median household income of a local resident was $75,931 a year as compared to $53,482 for the U.S. as a whole and $59,206 for Texas. The unemployment rate is just 3% as compared to the U.S. rate of 3.9%.
The majority of people in the area are married, and about a third have school age children. The community is also somewhat diverse – Latinos make up about 18% of the population and Asians, including Indians, make up another 7%. African Americans make up about 4%. Crime rates in Grapevine are 6% lower than the national average and 46% of residents have at least a Bachelor’s Degree, compared to 33% for the metro area as a whole and 31% for the U.S.
Thanks to its proximity to the Dallas/Fort Worth International Airport, this suburb gets a number of tourists each year. History buffs find the downtown area fascinating thanks to the restored 19th century buildings. There is also the Cotton Belt Railroad Depot. Built in 1888, this station on South Main Street is part of the Grapevine Vintage Railroad which travels to the historic Fort Worth Stockyards.
Additionally, the historic Main Street caters to both tourists and locals with quaint shops, galleries and unique venues. For example, the Main Street Bistro and Bakery, located in the historic downtown area, offers French bakery style treats not commonly found in most communities of this size. Other unique attractions include a glass blowing studio, a blacksmith and a bronze foundry.
For those who enjoy wine, there are wineries and tasting rooms, which is no surprise as the Texas Wine and Grape Growers Association has its headquarters here.
The median home value of properties in the area is $359,800 according to Zillow and the median rental price for a typical home is close to $2000.
Call us for a comprehensive market analysis of your rental property.
Grapevine Property Management
Our property management team specializes in residential areas throughout Grapevine, 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 Grapevine area property management services.