7016 Haverford Dr

Lease terms

LEASE TERMS & OPTIONS Option 1 (Preferred Rate-Lock): A 23-month lease term through June 30, 2028, at a fixed rate of $3,800/month (No rent increases!). Option 2 (Standard 1-Year): A 12-month lease term through June 30, 2027, at $3,800/month. If renewed for a second year, rent adjusts to $4,000/month effective July 1, 2027. Move-Out Notice: A minimum 60-day written notice of intent to renew or vacate is required prior to lease expiration. RENT & DEPOSITS Due Date: Rent is due on the 1st of each month. A late fee is assessed starting on the 4th. Late fees consist of a $100 initial flat fee plus $20/day until paid in full (total monthly fees strictly capped at the Texas statutory limit of $456) Security Deposit: Equal to one month's rent, due at signing. Qualifications: Minimum gross income-to-rent ratio of 3x; preferred minimum credit score of 660. No prior evictions or landlord collections. MAINTENANCE & UTILITIES Utilities: Tenant is responsible for all standard utilities (electricity, gas, water/sewer, trash, internet). HVAC Care: Brand-new central HVAC system (installed Spring 2026). Tenant must replace air filters every 30 to 90 days to maintain efficiency. Lawn Care: Automated sprinkler system installed. Tenant must cooperate with seasonal irrigation scheduling and report any leaks immediately. Washer/Dryer: Provided in "as-is" condition for tenant convenience; landlord is not responsible for ongoing maintenance or mechanical replacement of the laundry units. EARLY TERMINATION & RE-LETTING POLICY Conditional Release: The Tenant may be released early from their lease obligations only if a qualified, Landlord-approved replacement tenant signs a new lease for the property. Ongoing Liability: The outgoing Tenant remains fully responsible for monthly rent, utility bills, lawn care, and property maintenance until the day the new tenant's lease officially begins. Re-letting Fee: An early termination fee equal to 100% of one month's rent will be charged to cover the Landlord's administrative, marketing, and leasing costs to secure the replacement. PET POLICY Approval: Considered case-by-case (Maximum of 2 pets; must be 1+ year old and fully house-trained). Fees: A one-time $350 non-refundable pet fee per pet due at signing. Monthly Pet Rent Tiers: $30/month per small pet (25 lbs or less) and $50/month per large dog (26 lbs or more). Insurance: Tenant must carry a renter's insurance policy including explicit pet liability coverage.