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Dallas remains one of the most attractive real estate markets in Texas. A diverse economy powered by finance, healthcare, and technology keeps demand for rental housing steady. The region's lower costs compared to coastal metro areas also draw investors looking to grow a residential portfolio.
Yet owning rental property in the DFW metroplex isn't hands-off. Between navigating Texas landlord-tenant statutes, fielding after-hours maintenance requests, and keeping vacancy periods short, many property owners spend more time on operations than they ever anticipated.
Professional property management can take those responsibilities off your plate: tenant screening, lease signings, rent collection, maintenance coordination, and legal compliance. That frees you up to focus on strategy rather than day-to-day tasks.
Below is a look at seven property management firms that serve the Dallas area. For each company, we've included operational highlights along with a pricing breakdown covering monthly management fees, tenant placement costs, and lease renewal charges. All pricing was researched and, where possible, verified against each company's current website; any discrepancies we found between commonly cited figures and what's currently published are flagged at the end of this article.
Mynd is a tech-focused property management company operating in more than 45 markets across the United States, with approximately 20,000 residential units under management. The company uses a centralized digital platform that gives owners real-time visibility into maintenance requests, lease activity, financial performance, and communication with their dedicated property manager.
Key Highlights
Flat-fee pricing model means monthly cost stays the same regardless of what a property rents for, which can benefit owners of higher-rent homes.
Rental income guarantee: if a Mynd-placed resident fails to pay rent, Mynd covers up to one month's lost income.
Eviction protection covering up to $3,000 in legal fees and court costs for residents placed by Mynd.
Professional photography, virtual tours, and distribution across multiple listing sites to help reduce vacancy windows.
Roughly half of service requests are resolved virtually or by in-house technicians, which can lower repair costs.
Pricing
Monthly management fee: $119–$139 per property (varies by portfolio size)
Tenant placement fee: 50% of first month's rent
Lease renewal fee: 25% of a month's rent
Onboarding fee: None
Real Property Management Legend is the Dallas-area franchise of one of the largest residential property management networks in the country. As part of the Neighborly family of home service brands, they draw on over 30 years of collective franchise experience while operating with local ownership in the DFW market. The firm focuses exclusively on residential rentals (single-family homes and small multi-family properties) and positions itself as a specialist rather than a general brokerage with management on the side.
Key Highlights
Backed by a nationwide franchise network, offering systems, vendor relationships, and technology platforms at scale.
Focuses solely on residential property management rather than splitting attention with sales or commercial work.
Offers detailed property evaluations and competitive rental pricing analysis to help owners set optimal rent.
60-day satisfaction guarantee: if you're unhappy with management within the first two months, they'll remedy the issue or release you without penalty.
Online owner portal with 24/7 access for performance tracking and communication.
Pricing
Monthly management fee: 9.9% of monthly rent
Tenant placement fee: 75% of one month's rent
Lease renewal fee: Not publicly disclosed
PMI DFW Properties is a locally owned franchise of Property Management Inc., a national brand that has been developing property management systems for nearly two decades. The Dallas office manages both residential and commercial properties across the metroplex and uses tiered service plans to give owners flexibility in how much oversight they want.
Key Highlights
Two management tiers let owners choose between lower monthly fees with a higher placement cost, or vice versa.
21-day rental guarantee: if a qualified tenant isn't found within three weeks, the first month's management fee is waived.
On-time rent promise: owner payments are deposited within ten business days of tenant payment, or that month's management fee is refunded.
Handles both residential and commercial properties, which is useful for investors with mixed portfolios.
No-penalty cancellation with 30 days' notice if service doesn't meet expectations.
Pricing
Gold Plan:
Monthly management fee: 8–10% of monthly rent
Tenant placement fee: 50–75% of first month's rent
Eviction services: $350–500 plus court costs
LEAP Property Management is a DFW-based firm that works with owners of one to fifty rental properties. They take a full-service approach, bundling tenant placement, day-to-day management, and financial reporting into a single package rather than offering à la carte options. The company also operates a real estate investment arm that helps clients identify and acquire new rental properties.
Key Highlights
Full-service model with no hidden costs or setup fees; owners only pay once results are produced.
If a LEAP-placed tenant requires eviction, the company handles the process at no additional cost. Owners are only responsible for court filing fees (typically under $100).
Six-month tenant guarantee and 24-hour on-call maintenance support.
Detailed monthly profit-and-loss reporting so owners can track income, expenses, and net returns.
No binding contracts, allowing owners to cancel at any time.
Pricing
Monthly management fee: 7% of monthly rent ($99 minimum)
Tenant placement fee: 75% of first month's rent
Lease renewal fee: 15% of renewal rent
Flat Fee Landlord operates across several states including Texas, with a DFW office serving Dallas, Fort Worth, Arlington, Plano, and surrounding suburbs. As the name suggests, the company's selling point is a flat monthly management fee instead of the percentage-of-rent model that most competitors use. They manage single-family homes, condos, and townhomes, and also serve military and corporate relocations.
Key Highlights
Flat-fee structure means the monthly cost doesn't increase as rents rise.
Proprietary "Perfect10ant" screening system: a 10-step vetting process covering eviction history, employment verification, landlord references, credit, income, and ID validation.
Platinum package includes a 9-month tenant assurance (free replacement if the tenant leaves early), a 30-day placement guarantee, and eviction filing coverage.
60-day money-back guarantee and zero cancellation fees across all packages.
Owner and tenant portals for easier communication, rent payments, and maintenance requests.
Pricing
Monthly management fee: Starting at $89/month (Platinum and Gold packages available; packages start at $130/month on their main website)
Tenant placement fee: 100% of first month's rent
Lease renewal fee: Not publicly listed
Silberman Realty is a Texas-based residential property management firm with coverage in Dallas, Fort Worth, Austin, Houston, and San Antonio. Founded by a licensed real estate broker and attorney, the company emphasizes legal expertise and compliance alongside traditional management services. They focus exclusively on single-family homes and operate under a simple flat-fee structure.
Key Highlights
Founded and led by a licensed Texas real estate broker and member of the Texas Bar, which adds a layer of legal knowledge that most management firms don't offer.
No-obligation management contracts; owners can cancel with 30 days' notice at any time.
Management fees are only collected in months when rent is actually collected, so you're not paying during vacancy.
Professional photography and syndication across major listing platforms including Zillow, Realtor.com, and Trulia.
24-hour repair and maintenance coordination for both tenants and owners.
Pricing
Monthly management fee: $150 flat fee per month
Tenant placement fee: 75%-100% of first month's rent
Lease renewal fee: $150
Plat Realty is a North Dallas-based property management company that has built a growing presence in the area. They specialize in residential rental homes, townhomes, and condos, and emphasize full fee transparency: their management agreement is designed so that what's listed is exactly what owners pay, with no hidden charges.
Key Highlights
Single flat monthly fee with full disclosure of all anticipated expenses upfront.
Focused specifically on North Dallas and surrounding communities.
Experienced leasing agents handle the tenant search, showings, and lease negotiation process.
Prioritizes owner communication and transparency throughout the management relationship.
Pricing
Monthly management fee: $180 flat fee per month
Tenant placement fee: Not publicly listed
Lease renewal fee: Not publicly listed
Selecting a property manager depends on your portfolio size, budget, management style, and growth plans. Here are a few factors worth weighing:
Flat-fee vs. percentage pricing: Flat fees benefit owners with higher-rent properties since the cost stays fixed. Percentage-based fees can be cheaper for lower-rent units but scale up as rents increase. Let's say you own a home that rents for $2,500/month. At a 10% fee, you'd pay $250/month for management. With a $150 flat fee, you'd save $100/month, or $1,200/year. But if your property rents for $1,200/month, the 10% fee ($120) would actually cost less than the flat rate.
Tenant placement costs: A high placement fee can be offset if the company consistently places long-term, reliable tenants who minimize turnover. For example, if your home rents at $1,800/month and placement costs 100% of first month's rent, that's $1,800 upfront. But if that tenant stays three years instead of one, you avoid paying two additional placement fees, saving you $3,600.
Eviction protection: Some firms include eviction cost coverage as part of their management package, while others charge separately. Understand what's included before you need it.
Contract flexibility: Look for firms that offer month-to-month agreements or easy cancellation terms, especially if you're trying a management company for the first time.
Regardless of which company you choose, always request a complete fee schedule in writing, verify any guarantees in the management agreement, and speak with current clients if possible before making a final decision.
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