Austin Property Team

Property Owners rights in Texas

brent — Mon, 25 Apr 2011 21:25:33 +0000

Property owners in general get the short end of the stick when it comes to tenant default in Texas. The only recourse an owner or property manager has when a tenant skips out is filing a small claims up to $10,000. The unfortunate situation is tenants are not required to pay the amount of the default judgement. An owner or manager can order and file what is called an “abstract” with the county clerks office. If that tenant needs to borrow money to purchase a car, house or other item they will have to clear up the judgement prior to getting a loan. It is a “lean” on the tenant. However, this abstract has to be filed in every county that tenant would potentially buy something. If they leave the county or state for that matter it is irrelevant. We have been filing abstracts for several years now and none of them have come back to us. One other recourse that a landlord or manager has which seems to be a little more affective and immediate is possessing non-exempt property from the tenants dwelling. Non-excempt property is outlined in the Texas Property Code. Of course, this is an option to be performed prior to the tenant skipping. This option can force the tenant to pay their rent or lose the possession. We have found this to be the most affective recourse an owner or manager can have. There are no courts involved and the results are immediate. The downside is if your tenant has nothing of value then you have nothing to take. The life of a property manager or investor of rental properties is not glorifying but austin property team helps eliminate some of those frustrations.

Barton Hills Condo for Sale

brent — Wed, 16 Mar 2011 18:01:58 +0000

We just listed an awesome condo in Barton Hills. The neighborhood is one of the most sought after in Austin and close to everything. This condo has been updated since being built in 1984. It has saltillo tile throughout the downstairs, beautiful hardwood stairs up to two bedrooms with private baths and a balcony. It is a great place for an investment property or personal residence. A must see at a great price of $210,000. You can read more on the details at this link.

Golf Course Home Flintrock

brent — Mon, 28 Feb 2011 16:34:50 +0000

We just listed a new home in Flintrock Falls on the golf course with over 1/2 an acre lot. We are co-listing with Tammy Templin of Coldwell Banker United, Realtors. It has barreled foyer entry, screened porch facing sparkling pool and spa. This house is a 4 bedroom, 3 bath 4300+ sq ft with 3 car garage. The sellers have plans for a pool casita which will convey with the house. it is located on the golf course in a cul-de-sac. Lots of privacy in this backyard oasis. Give us a call or check out more details online.

Tuscan Village in Lakeway

brent — Mon, 21 Feb 2011 13:37:21 +0000

A new retirement community developed in Lakeway is called Tuscan Village. It is within 5 minutes of the new Lakeway regional Medical hospital, sits right behind the site of the new Lakeway public library and surrounded by golf courses, shopping, and beautiful Lake Travis. This community seems positioned really well with so many baby boomers retiring. Our firm Austin Property Team is well versed in this community and others surrounding lakeway. If you are planning to move into a retirement community there are several questions you want to ask.

1. Will rates change and what money is put back into the community?
2. What do you have in place to prevent the community from running out of money?
3. Does the community have a group of communities it is part of? What other amenities are included that are not part of this community?
4. What do the HOA fees cover?
5. Can you try out the community? Stay in a guest house or rental for a weekend?

These are just a few questions you want to start with before moving into a community.

Welcome to our site!

brent — Mon, 17 Jan 2011 19:09:32 +0000

We have worked very hard to bring you this new website! It offers tools for buyers, sellers and tenants. Our customers can utilize comprehensive search tools for finding properties and integrated portal access for our current clients. Feel free to browse the site and if you find anything that could be improved we are always open to constructive criticism.