Southlake Property Management, Done the Right Way
We don’t just manage houses - we take care of your investment like it’s right here in our own neighborhood. Because it is.
1st Choice Property ManagementFull Service Property Management
Our full service property management program helps Southlake area homeowners protect their investment and achieve consistent rental income. We assign a dedicated local property manager to you and your home, giving you a single point of contact who understands the Southlake market and your property’s needs. We handle every part of the rental process including:
- Local Property Marketing
- Tenant Screening
- Leasing
- Maintenance Coordination,
- Inspections
- Rent Collection,
- Accounting
- Legal Compliance
- Evictions
- And Much More!
With deep knowledge of the Southlake rental market, our team works to reduce vacancy, place quality tenants and improve long term property performance. Whether you are a first time landlord or a seasoned investor, we provide reliable Southlake property management solutions that keep your home profitable and worry free.
Let us manage your Southlake Rental Property
Owning a rental in Southlake is different than owning one in Phoenix, Denver, or even Dallas. We know, because we live here. Our team walks the same neighborhoods, shops at the same grocery stores, and drives the same roads as your tenants. That hometown understanding helps us spot the right tenants, care for homes with long-term value in mind, and protect your property like a neighbor would.
Schedule a Phone Call Today!
Owner or Renter?
Have you thought of everything?
Who will answer the phone in the middle of the night when there is an emergency maintenance issue? Are you up to date with the ever-changing rules and regulations in the Southlake rental market? How do you make sure rent is collected on time?
When you hire 1st Choice Property Management, we will take care of everything so you can focus on what is most important. Below are just a few of the things we take care of.
Client Reviews
See what property owners and tenants are saying about our reliable service and hands-on management
Property Management Questions
-
How long does it take to rent a home in Southlake right now?
On average, our homes lease in 14 to 30 days, depending on the property type, price point, and location. Properties that show well, are priced right, and allow pets typically move faster. We provide weekly updates during the leasing period so you're never left wondering how it's going. -
What neighborhoods are moving the fastest?
We're seeing high demand in areas like TCU/Westcliff, Near Southside, Arlington Heights, and parts of North Southlake near Alliance. Tenants are drawn to walkability, good schools, and access to downtown or major employers. But with the right strategy, we can attract strong tenants in any part of the metro. -
Do you allow pets, and how do you screen them?
Yes — in fact, properties that allow pets typically lease faster and to a broader pool of applicants. But we’re strict. We use a third-party pet screening service that checks for breed restrictions, vaccination records, and pet behavior history. We also charge pet deposits and/or pet rent to protect your property. -
What’s your eviction rate in Southlake compared to others?
We rarely have to file. Thanks to our screening process and clear expectations upfront, our eviction rate is consistently below 1% — far lower than the local average. But if it ever becomes necessary, we handle everything start to finish. -
How often will I hear from you?
As often as you want. Some owners prefer quarterly check-ins, others want monthly updates. During leasing or maintenance issues, we’re in touch more frequently. You’ll also have 24/7 access to your owner portal — but if you want to call and talk to a real person, we’re here for that too.
Own a Rental in Southlake?
Let us show you how our Tier 1 standards keep homes in top shape and bring in tenants who treat them like their own.
you’re protected with Our Pledge
30-Day Pledge
We are so confident we can find you a great tenant that if we are unable to lease your home in 30 days or less, we will give you the first 1 month of management for free!
Eviction
Our tenant screening procedures are so thorough that, if at any time we must evict your tenant, we will cover the filing costs for all court appearances and find a new tenant at no cost to you. See Management Plans for details.
Pet Pledge
Our Full Management Plus plan covers up to $3000 in pet damages, caused by any pet we've approved and screened through PetScreening.com (beyond the security deposit), excluding human-related damages and while reserving the right to pursue tenant neglect. See Management Plans for Details.
Happiness Pledge
We want you to be happy! If for any reason you are not completely satisfied with our services, you can cancel your management agreement at any time and without penalty.
Results Pledge
We don’t collect a dime until you get paid! You can rest easy knowing that we are working hard to find the best tenant for your investment and you will not pay us until you get results.
Leasing Pledge
Our leasing pledge states that if a tenant does not fulfill at least 9 months of a lease term, we will find you a new tenant for free.
Let’s Keep Southlake Homes Looking Their Best
Schedule Your Free Rental AnalysisWhy Invest a Home in Southlake
Southlake, Texas is a premier residential community in northeast Tarrant County, widely recognized for its high-performing schools, luxury housing, and strong household incomes. Located between Dallas and Fort Worth with convenient access to DFW International Airport, Southlake attracts executive-level renters and families seeking high-quality homes, privacy, and long-term stability within the Dallas–Fort Worth metroplex.
Southlake Population & Housing Demand
Southlake is a fully built-out city with very limited new residential development, which supports long-term housing demand and low inventory levels. Rental demand is driven primarily by relocation households, corporate executives, and families seeking access to top-rated schools.
- Population of approximately 32,000 residents
- Minimal new housing supply due to build-out conditions
- Strong demand for large, high-quality single-family rental homes
- Low turnover and longer average tenant stays
Southlake Economic & Rental Market Snapshot
Southlake consistently ranks among the highest-income communities in Texas. Elevated household incomes and property values support premium rental pricing, with demand focused on well-maintained homes and professional management.
- Median household income typically in the $180,000+ range
- Median monthly rent commonly ranging from $3,500 to $4,500+
- Median home values often exceeding $900,000
- Employment access to executive, corporate, and professional roles across DFW
Neighborhood Character & Housing Options
Southlake is characterized by estate-style neighborhoods, large lots, and strict community standards. Rental properties appeal to tenants seeking premium housing, privacy, and access to highly regarded schools and amenities.
- Estate Neighborhoods: Large custom homes with strong appeal to executive and relocation renters.
- Established Residential Areas: Low-density neighborhoods with long-term tenant expectations.
- Regional Accessibility: Convenient access to Highway 114, Highway 121, and DFW International Airport.
Why Southlake Is Attractive for Rental Property Owners
From an investment perspective, Southlake offers a low-volatility, premium rental environment. Limited housing inventory, high-income tenants, and strong school-driven demand help support consistent occupancy and long-term value preservation for well-managed properties.
- High-income tenant base supporting premium rental pricing
- Extremely limited housing inventory reducing vacancy risk
- Strong preference for professionally managed, high-quality homes
- Low tenant turnover compared to broader suburban markets
- Long-term value protection in an established luxury community
Overall, Southlake, TX represents a high-end and stable rental market. Property owners benefit from premium tenant demand, limited housing supply, and strong community standards, making professional property management essential for protecting asset value and maintaining rental performance.
Why Local Management Matters
- Family-owned, Fort Worth rooted.
- Tier 1 property standards that keep homes competitive.
- In-house maintenance = faster service, better control, fair pricing.
- We’re small enough to know your property, big enough to protect it.
Texas Property Code and Lock Laws pertaining to Rental PropertiesWe comply fully with the Fair Housing Act
This means that you can not choose to disallow anyone that is a member of a protected class under the act. You can choose to disallow pets and not permit smoking in your home, but you cannot deny a service animal. If you have additional questions on the specifics of the Fair Housing Act, please contact us or view more information here.
Areas We Serve
Proudly serving Fort Worth and surrounding neighborhoods with trusted, local property management solutions.