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Property Management in Roanoke, TX

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ROANOKE TX  ·  76262  ·  DENTON COUNTY

Property Management in Roanoke, TX

Full-service property management for $175 per month — flat. McCaw Property Management combines Roanoke MLS intelligence, Alliance-corridor expertise, and a pricing model that puts more rent in your pocket than the percentage-fee competition.

Median Rent
$2,750
Closed 76262, 90-day
Median DOM
44 days
Rentals to lease
McCaw Fee
$175
Flat, not %
Best Yield
7.4%
3BR segment

Source: Roanoke 76262 MLS, trailing 90 days. Closed transactions only.

Are you looking for professional property management services in Roanoke, Texas? Whether you own a single rental property or a growing investment portfolio, managing tenants, maintenance requests, rent collection, and legal compliance can quickly become time consuming.

At McCaw Property Management, we help rental property owners maximize returns while minimizing the stress of day to day management. With more than 20 years of experience serving property owners throughout the Dallas Fort Worth area, our team understands what it takes to protect your investment, attract quality tenants, and keep your rental properties performing at their best.

From property marketing and tenant screening to maintenance coordination, rent collection, and detailed financial reporting, we handle every aspect of the management process so you can focus on your long term investment goals.

Keep reading to learn why property owners in Roanoke and the surrounding communities trust McCaw Property Management to help them achieve better results from their rental properties.

Hear From Our Owner!

“They managed all my DFW homes for many years and also helped me with the sale of some of them. Great company, easy to work with. Would recommend McCaw to any investor that wants to work with a great reliable property management company.”

Boris L., DFW Metroplex Rental Property Owner

SERVICES BUILT FOR THIS SPECIFIC MARKET

Full-service property management for Roanoke landlords

McCaw Property Management has managed single-family rentals across the Dallas–Fort Worth metroplex for more than a decade. Our office sits at 1670 Keller Parkway in Keller — roughly nine miles south of downtown Roanoke and a 15-minute drive to any home in the 76262 ZIP. That matters.

Generic property management playbooks built for the broader DFW market leave Roanoke owners exposed; the market is small enough that one bad month of pricing — or one missed weekend of open-house traffic — can move a property from the 36-day-to-lease cohort into the 90-plus-day tail. Our Roanoke service model is built around three things that matter in 76262: speed-to-list, defensible pricing, and tenant qualification for a market where employers range from Alliance-corridor distribution to executive aviation.

Leasing & Marketing

  • MLS pricing benchmarked weekly against closed Roanoke comps, not Tarrant County aggregates
  • Professional photography and 3D walkthroughs — the standard set by Litsey Creek Cottages and other institutional product nearby
  • Syndication across 30+ rental platforms including Zillow, Apartments.com, Realtor.com, HotPads, and the NTREIS MLS rental feed
  • Tenant screening calibrated for the Alliance corridor: credit, criminal, eviction, employment verification, and rental history — including out-of-state relocations common to aviation and logistics roles

Rent Collection & Accounting

  • Online ACH rent collection with automated late-fee enforcement consistent with Texas Property Code
  • Owner portal with monthly statements, 1099 prep, and on-demand year-end accounting
  • Reserves managed transparently — no surprise draws on owner accounts

Maintenance & Inspections

  • 24/7 emergency response through a vetted Roanoke / Keller / Fort Worth vendor network
  • Move-in, mid-lease, and move-out inspections with timestamped photo documentation
  • Preventive maintenance scheduling for HVAC, irrigation, and roofing — the three highest-cost surprise items in DFW single-family rentals

Legal & Compliance

  • Texas Real Estate Commission–compliant leases updated for current Property Code
  • Eviction handling through Denton County JP courts when required
  • Security deposit accounting consistent with Chapter 92 of the Texas Property Code

WHAT MCCAW ACTUALLY CHARGES

McCaw Property Management fees in Roanoke, TX

Most Roanoke property managers charge 8% to 10% of collected rent — a structure that quietly punishes you every time the rental market goes up. McCaw is built differently. Our Full-Service Management plan is a $175 flat monthly fee. At the local Roanoke median rent of $2,750, that works out to an effective rate of just 6.4% — and the savings widen as your rent grows. On a $3,300 four-bedroom lease, the same $175 fee is only 5.3%. The math gets better with every annual rent increase.

The Flat-Fee Math

On a $2,750 median Roanoke rental, our $175/month fee is 6.4%. A competitor at 10% charges $275 — a $1,200 annual difference.

Over a five-year hold with typical 3-4% annual rent growth, the gap between McCaw’s flat fee and a 10% percentage fee compounds into $6,000-plus in additional owner cash flow per property. Multiply that across a small portfolio and the choice of management structure becomes one of the largest line items in your investment return.

Full-Service Management plan

Designed for owners who want a true hands-off experience. Includes everything required to run a Roanoke single-family rental from move-in through renewal:

Service Fee
Monthly management fee $175 flat
Tenant placement (new tenant) 75% of first month’s rent
Lease renewal $150
Annual property condition report $150
Management fee while vacant $0 — we don’t charge during vacancy
Eviction administrative services $150 flat + $75/hour court fee
Eviction third-party filing $500–$700
HVAC preventative tune-up (twice/year) $125 first unit, $75 each additional
Owner-requested property visit $95 trip fee
Onboarding fee Based on portfolio size

Full-Service also includes: marketing, market analysis, tenant screening, lease preparation, move-in & move-out property condition reports, rent collection, direct deposit owner draws, maintenance coordination, monthly owner statements, annual 1099, and owner + tenant online portals.

Learn More About Our Competitive Pricing

Lease-Only Plan

For owners who want professional tenant placement but plan to self-manage afterward. We market the property, screen tenants to our full standard, prepare the lease, and hand off a qualified resident — then you take it from there.

Service Fee
Tenant placement 100% of first month’s rent

Lease-Only also includes: marketing, market analysis, tenant screening, lease preparation, move-in property condition report, first month’s rent collection, direct deposit, and owner statement (once).

What We Do Not Charge For

  • Monthly management fees while your property is vacant — you only pay when the home is producing
  • Hidden markups on maintenance — we disclose our vendor relationships transparently
  • Surprise annual or platform fees — what you see on this page is what you pay

State Property Code Compliance

Texas Property Code Section 92 requires owners to provide compliant locks, doors, and smoke detectors at each tenant turnover. These are owner expenses under both McCaw plans. We coordinate the work; you pay the contractor invoice directly with no platform markup.

WHAT THE LAST 90 DAYS ACTUALLY SHOW

Roanoke rental market trends — read from the MLS, not the headlines

Rental Leasing Activity (closed in last 90 days):

The 18 closed rental transactions in Roanoke 76262 over the past 90 days describe a market that is balanced, not frothy. The median asking price was reduced by exactly $0 to reach a closed median of $2,750 — but that single statistic hides a real divergence underneath: 56% of homes leased at or above asking, while 44% required a price cut averaging $188 (about 6%) before securing a tenant. In a market this size, that split tells you the difference between a $2,825/mo property and a $2,650/mo property is almost entirely marketing and pricing discipline in the first 30 days.

Bedrooms Closed (n) Median rent Median sq ft Median DOM Rent / sq ft
2 BR 2 $1,962 962 53.5 ~$2.04
3 BR 9 $2,450 1,862 36 ~$1.32
4 BR 7 $3,300 2,250 56 ~$1.47

Source: 18 closed Roanoke rental transactions, 76262, trailing 90 days. Rent/sq ft calculated on segment medians.

Sales Market Context for Investors Underwriting Roanoke:

33 single-family homes closed in Roanoke 76262 over the past 90 days at a median price of $580,000 ($230/sq ft) and a median 36 days on market. Only 12% of homes sold at or above asking, and the median seller gave back $25,000 (about 3%) from the original list price — a clear signal that the for-sale market is on the buyer’s side of balanced, even as rental demand remains absorptive. For an investor, this is the better of two timing windows: sellers are negotiable, but tenants are still committing within six weeks.

Bedrooms Closed (n) Median price Median sq ft Median DOM
3 BR 11 $400,000 1,455 35
4 BR 20 $635,111 3,045 37
5 BR 1 $645,000 2,850 72

Source: 33 closed Roanoke sale transactions, 76262, trailing 90 days.

Calculated Gross Yield by Segment:

Pairing the trailing-90-day median rent against the trailing-90-day median sale price by bedroom count produces the cleanest available yield picture for the current Roanoke market:

Segment Median rent Annualized Median sale Gross yield
2 BR $1,962 $23,544 $450,000 5.23%
3 BR $2,450 $29,400 $400,000 7.35%
4 BR $3,300 $39,600 $635,111 6.24%

Gross yield = (median monthly rent × 12) ÷ median sale price. Excludes vacancy, taxes, insurance, capex, and management. Indicative only.

Investor Takeaway

3-bedroom homes are the yield winner. 4-bedroom homes are the wealth-builder.

The 7.35% gross yield on a 3-bedroom Roanoke home is meaningfully above what the same buyer would underwrite in Westlake or Southlake. The 4-bedroom segment trades yield for stability — larger homes pull executive-relocation tenants tied to Alliance Airport and corporate Westlake employers, who renew at higher rates and absorb 4-figure rent increases without negotiating.


Curious what your specific Roanoke property would lease for?

Free rental analysis from McCaw – Every address benchmarked against the love 76262 MLS, not regional average. Call (817) 491-2553.

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THE MARKET IN ONE PARAGRAPH

Why Roanoke earns its place in a serious DFW rental portfolio

Roanoke is one of the few DFW submarkets where small-city character, institutional capital, and a national logistics engine collide inside a single ZIP code. The city sits roughly five miles from Fort Worth Alliance Airport and the Alliance Global Logistics Hub — a 26,000-acre master-planned region anchoring nearly 500 companies across distribution, aviation, manufacturing, and e-commerce. State Highway 114, Interstate 35W, and SH-170 push that workforce directly into Roanoke neighborhoods on the commute home. The result, visible plainly in the MLS data, is a rental market where the median single-family lease closed at $2,750/month with a 44-day median time-to-lease — fast enough for cash flow modeling, slow enough to demand professional marketing and screening.

What separates Roanoke from neighboring Trophy Club, Keller, or Westlake is not amenity inventory — it is the unusual alignment between three tenant pipelines feeding the same housing stock: workforce households commuting into Alliance distribution centers, executive relocations tied to aviation and corporate aviation tenants at Alliance Airport, and renter-by-choice professionals from the Southlake-Westlake employment cluster who want a single-family home without buying at a $580,000 median sale price. A property management strategy that treats all three the same will underperform. A strategy built around them — one that knows when to lean executive-furnished, when to lean workforce-quick-turn, and when to push for above-asking — is how you compete with institutional build-to-rent product like Litsey Creek Cottages, the 396-home AEW-backed community sitting within one mile of the Alliance hub.

Local Observation

The 3-bedroom segment is the most efficient rental in Roanoke right now.

Across 9 closed leases in the past 90 days, 3-bedroom homes leased at a $2,450 median in just 36 days — the shortest time-on-market of any bedroom segment. Paired against the $400,000 median sale price for 3-bedroom homes, that produces a ~7.4% gross yield, the highest in the local data. 4-bedroom homes earn more rent ($3,300 median) but take 56 days to lease and sit on roughly twice the capital base.

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Roanoke micro-markets landlords should know

Downtown Roanoke & Oak Street corridor

The original Roanoke street grid feeding into Oak Street — the dining strip the city markets as the “Unique Dining Capital of Texas” — is where you find the bulk of pre-2000 housing stock. Smaller footprints (often under 1,500 sq ft), higher price-per-foot, and tenants who explicitly want walkability to the restaurant cluster. Lease velocity here tends to outperform the citywide median when staged correctly.

Litsey Creek & the Alliance-adjacent corridor

Roanoke’s southern edge sits within roughly one mile of the Alliance Global Logistics Hub. This is the corridor where AEW-funded Litsey Creek Cottages — a 396-unit single-family build-to-rent community — has set the bar for new rental product. Independent landlords in this corridor compete directly with that pricing and amenity standard, which is why disciplined marketing photography and pricing discipline matter most here.

Master-planned subdivisions (2000s–2010s vintage)

The bulk of Roanoke’s modern single-family rental stock — represented by 17 of the 33 closed sales in the past 90 days falling in the 2010–2019 build cohort — sits in planned subdivisions developed during the city’s tripling-in-population growth phase. 4-bedroom, ~3,000 sq ft homes here represent the majority of executive-tenant demand: $635,000 median sale price, $3,300 median rent.

School zone overlay (Northwest ISD)

Most Roanoke homes feed Northwest ISD campuses including J. Lyndal Hughes Elementary, John M. Tidwell Middle School, and Lakeview, Roanoke, and Wayne A. Cox elementary schools. School-zone-driven demand concentrates rental applications in the spring and early summer leasing window, with measurable absorption pickup typically between March and July — a pattern landlords should account for when timing lease expirations.

COMMON QUESTIONS FROM ROANOKE OWNERS AND INVESTORS

Frequently Asked Questions

What is the average rent for a single-family home in Roanoke, TX?

Across the 18 single-family homes that closed for lease in Roanoke 76262 over the past 90 days, the median rent was $2,750/month and the mean was $2,774. By bedroom count, the medians break down to roughly $1,962 for 2-bedroom, $2,450 for 3-bedroom, and $3,300 for 4-bedroom homes.

How long does it take to lease a rental home in Roanoke, TX?

The median time-to-lease across closed transactions was 44 days, but the distribution is highly bedroom-dependent. 3-bedroom homes leased fastest at a 36-day median; 4-bedroom homes took 56 days; 2-bedroom homes took 53.5 days. Roughly 44% of homes that closed required at least one price reduction before securing a tenant.

Is Roanoke, TX a good market for single-family rentals?

By the numbers, yes — with one caveat. Gross yield in the 3-bedroom segment runs near 7.4% based on median rent versus median sale price, which is above what comparable Southlake or Westlake homes generate. The caveat is competition from institutional build-to-rent product such as the 396-home Litsey Creek Cottages community near the Alliance hub, which raises the marketing bar for individual landlords.

What types of rental properties are most common in Roanoke?

Detached single-family homes in planned subdivisions dominate Roanoke’s rental stock. The MLS data shows three-quarters of recent rental closings were 3- or 4-bedroom homes with attached two- or three-car garages. Smaller condo and townhome inventory exists but is relatively thin; the vast majority of investor opportunity is in single-family product.

Are build-to-rent communities impacting the Roanoke rental market?

Yes, particularly at the upper end. Litsey Creek Cottages — a 396-unit, AEW-funded single-family build-to-rent community on 65 acres within one mile of the Alliance Global Logistics Hub — has raised the standard for amenities, finishes, and professional management in the corridor. Independent landlords operating in the same submarket must match the marketing and tenant-experience standard or compete on price.

What are typical property management fees in Roanoke, TX?

Most Roanoke property managers charge a percentage-based fee — typically 8% to 10% of collected monthly rent. McCaw Property Management takes a different approach with a $175 flat monthly fee on our Full-Service plan, which works out to roughly 6.4% at the local median rent of $2,750 (if you want to see how much you’d save in fees with our flat fee, use our fee savings calculator). Tenant placement is 75% of one month’s rent under Full-Service (100% under Lease-Only), lease renewal is $150, and there is no management fee charged during vacancy.

How does Roanoke’s population growth affect rental demand?

Roanoke has more than tripled in population since 2000 and added more than 1,000 residents between 2020 and 2023 alone — a roughly 10% three-year growth rate against approximately 1% nationally. Texas Demographic Center projections continue to show Denton County growth ahead of state averages, which provides multi-year tailwind for absorption.

Which parts of Roanoke have the strongest rental activity?

Closed-rental activity in the past 90 days clusters in two areas: master-planned subdivisions built between 2000 and 2019 (where 3- and 4-bedroom homes lease most quickly), and the Alliance-adjacent corridor near Litsey Creek where workforce and logistics tenants concentrate. Smaller-footprint homes near downtown Oak Street command a price-per-foot premium tied to walkability to the restaurant cluster.

What are average single-family home prices in Roanoke?

33 single-family homes closed in Roanoke 76262 over the past 90 days at a median price of $580,000 ($230/sq ft) on 2,689 median square feet. By bedroom, the medians are roughly $400,000 for 3-bedroom and $635,000 for 4-bedroom homes. Currently active listings carry a median asking price of $725,000, reflecting a higher-end skew in available inventory.

How close is Roanoke to major employment centers and DFW Airport?

Roanoke sits roughly 23 miles north of downtown Fort Worth, 30 miles west of downtown Dallas, and approximately 5 miles from both Fort Worth Alliance Airport and Dallas–Fort Worth International Airport (DFW). State Highway 114, Interstate 35W, and SH-170 feed the city directly into the AllianceTexas employment region — a 26,000-acre logistics and corporate corridor with nearly 500 companies.

What lease terms are most common in Roanoke?

Standard 12-month leases dominate the closed-transaction data, though some active listings are testing 6-month and furnished short-term postures targeting executive relocation tenants — for example, one current Thornhill Way listing at $6,000/month furnished. Multi-year leases are uncommon but available for executive-tier homes.

How do Roanoke school zones affect rental demand?

Most Roanoke homes feed Northwest ISD, with parts of the area in Keller ISD. School-zone demand creates a measurable spring/summer leasing peak between March and July, which is the optimal window to time lease expirations for re-marketing.

What are typical vacancy rates in Roanoke?

MLS data measures time-to-lease, not vacancy in the traditional sense, but the 44-day median lease-up time on closed rentals — combined with the small active-listing count (8 homes) — suggests effective vacancy on professionally managed Roanoke single-family rentals runs in the low single digits for owners willing to price to the closed comp set rather than to aspirational asking prices.

How do property taxes affect rental property returns in Roanoke?

Texas does not levy a state income tax but funds local services primarily through property taxes, which in Denton County typically range from approximately 2.0% to 2.5% of assessed value depending on jurisdiction overlays. On the local $580,000 median sale price, that translates to roughly $11,600–$14,500 annually — a meaningful line item that should be modeled before estimating net yield. Investors should consult a tax professional for property-specific guidance.

Are there new residential developments planned near Roanoke?

Yes. The AllianceTexas master plan continues to deliver new industrial, office, and residential product, including expansion along Independence Parkway and ongoing development of corporate aviation, medical office, and logistics facilities. Litsey Creek Cottages represents the most visible recent single-family residential addition; further infill and master-planned development is expected as Denton County continues to grow.

What insurance considerations apply to rental properties in Roanoke?

Texas rental property owners typically carry a DP-3 (dwelling fire) policy or landlord-specific policy with liability coverage, loss-of-rents coverage, and replacement-cost dwelling coverage. North Texas owners should also confirm wind/hail coverage given the region’s exposure to severe-weather events. We do not sell insurance; we work with owners’ chosen carriers and recommend independent local brokers familiar with the Denton County market.

How does seasonality affect leasing in Roanoke?

DFW single-family rental leasing peaks between March and July, driven primarily by school-zone-conscious tenant moves. Listings entering the market in late autumn or early winter typically experience longer days-on-market and a higher rate of price reductions; we plan lease expirations accordingly for owners on the platform.

Ready to talk through your Roanoke property?

Tell us the address. We’Il send back a benchmarked rent estimate, projected lease-up timeline, and a side-by-side against active 76262 comps. Free, no obligation. Call (817) 491-2553.

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Areas We Serve

In addition to Roanoke, we proudly offer our services in Dallas/Fort Worth, Addison, Arlington, Grapevine, McKinney, Duncanville, Flower Mound, Southlake, Keller, Desoto, Coppell, Mansfield, Irving, Waxahachie, Watauga, Euless, Richland Hills, The Colony, Lewisville, Haslet, Haltom City, Garland, Little Elm, Richardson, Allen, Trophy Club, Rowlett, Balch Springs, North Richland Hills, Plano, Argyle, Sachse, Burleson, Addison, Northlake, Wylie, Denton, Carrollton, Krum, Royse City, Weatherford, Farmers Branch, Ponder, Rockwall, Aubrey, Irving, Azle, Forney, Prosper, Grand Prairie, Lake Worth, Seagoville, Melissa, White Settlement, Arlington, Bedford, Benbrook, Alliance, Justin, Hurst, Granbury, Saginaw, Crowley, Midlothian, Sendera Ranch, Summerfields, Frisco and Cedar Hill.

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