Aledo, TX

Property Management in Aledo, TX | MRE
Service Areas · Parker County

Property Management in Aledo, TX

MRE Property Management manages rental homes in Aledo, a Parker County city whose population grew more than 21% between 2022 and 2025. We bring clear communication, thorough tenant screening and hands-on care to every property we service.

Shops along Front Street in downtown Aledo
7,122
Residents
U.S. Census Bureau, July 2025
$163,231
Median household income
ACS 2020–2024, in 2024 dollars
$2,550
Median rent paid
U.S. Census, ACS 2020–2024
$465,100
Median home value
ACS 2020–2024, owner occupied

Local data current as of October 2026. Figures reflect the most recent public releases available at that time.

About Aledo

What makes Aledo special

Aledo is a Parker County city with railroad roots and a celebrated hometown spirit.

From Parker’s Station to Aledo

The settlement began as Parker’s Station, and in 1882 a Texas and Pacific official suggested the name Aledo, after his hometown in Illinois.

A railroad town

Aledo was the first coal and water stop in Parker County for westbound trains, and the tracks still run through downtown.

Rich Heritage, Dynamic Future

Aledo incorporated on May 8, 1963, with about 550 residents, and its slogan remains Rich Heritage, Dynamic Future.

A football tradition

The Aledo High School Bearcats have won 12 state football championships, the most of any Texas high school.

Population Trend

A city on the rise

Aledo grew from 5,857 residents in 2022 to 7,122 in 2025, an increase of 21.6% in three years.

Source: U.S. Census Bureau, Vintage 2025 City and Town Population Estimates, July 1 of each year.

5,857
6,277
6,650
7,122
2022
2023
2024
2025
Scale begins at 5,000 residents so year-to-year change is visible.
Renting vs. Owning

A city of homeowners

11.7% of Aledo homes are occupied by renters and 88.3% by their owners.

88.3% Own
11.7% Rent

Source: U.S. Census Bureau, American Community Survey 2020–2024, owner-occupied housing unit rate.

Growth & Jobs

What’s being built in Aledo

$41M+

New taxable improvements

Aledo’s certified taxable value is about $1.06 billion, including more than $41 million in new improvements added to the roll.

$6.96M

New City Hall and Aledo Municipal Complex

The city budgeted $6,955,415 in FY 2026 for its new City Hall within the Aledo Municipal Complex.

$3.9M

Capital projects in the FY 2027 budget

The proposed FY 2027 budget includes about $3.9 million in capital projects and initiatives, including $1,453,000 for water projects, $950,000 for a utility relocation project and $400,000 for street maintenance.

$123.8M

Aledo ISD 2023 bond

Voters approved a $123.8 million bond in May 2023 that funds Lynn McKinney Elementary ($59.8 million), high school additions and land for future schools.

Worth Knowing

The full picture, not just the highlights

Owners make better decisions with complete information. These are the developments we keep an eye on.

City budget draws on reserves

The proposed FY 2027 budget shows $15,634,935 in revenue and $17,645,330 in expenditures, a gap of $2,010,395 the city plans to cover mainly from fund balances for capital spending. The city states the General Fund and Utility Fund remain above required reserves.

School district deficit budget

Aledo ISD adopted a $138,549,072 budget for 2026–2027 that the superintendent described as a deficit budget with concerns about sustainable funding. The district also lowered its tax rate to $1.1775, its eighth consecutive reduction.

Year-round watering schedule

Aledo requires a year-round outdoor watering schedule by address, with no outdoor watering on Mondays or between 10 a.m. and 6 p.m., to manage water resources for the growing community.

Attractions & Entertainment

Things to do in Aledo

Front Street downtown

Aledo’s walkable historic downtown along Front Street with locally owned shops, restaurants and cafés.

Aledo Commons

The downtown community gathering space that hosts the city’s seasonal events.

Aledo Summer Blast

A city event held the first Saturday in June at Aledo Commons with live entertainment and local vendor booths.

Christmas Tyme in Aledo

A downtown holiday event held the first Saturday in December with entertainment and a local business gift market.

Veterans Plaza

Site of the city’s annual Veterans Day Ceremony.

Eat & Gather

Where Aledo gets together

Dayne’s Craft Barbecue

Downtown (100 S. Front St.) · Texas-style craft barbecue, ranked seventh in Texas Monthly’s 2025 barbecue list.

Press Café

Downtown (S. Front St.) · Casual American cafe with a full bar and weekend brunch.

Aledo Diner

N. Front St. · Breakfast and lunch diner.

Bearcat Grill

FM 1187 (421 FM 1187) · American breakfast and lunch spot serving burgers and breakfast burritos.

Palio’s Pizza Cafe

FM 1187 · Pizza and Italian.

Schools

School districts serving Aledo

Ratings below are the 2026 district ratings published by the Texas Education Agency. They are preliminary until TEA releases final ratings, scheduled for December 11, 2026.

A

Aledo ISD

Score 92 · Serves the city

Source: Texas Education Agency, 2026 A–F Accountability Ratings (preliminary, released August 14, 2026), via TXschools.gov. School assignments vary by address; confirm the assigned campus directly with the district.

Aledo Questions

Aledo property management, answered

Click any question to see the full answer.

Aledo 4 Questions
Yes. We manage single-family and small multi-family homes throughout Aledo.
Census data shows renters across all Aledo rentals paid a median of $2,550 a month (American Community Survey 2020–2024), a figure that includes apartments and long-term leases. For your home, MRE prepares a free rental analysis using current MLS data and the rents achieved on homes we have managed, so your property is priced at its most marketable rent.
MRE offers several management plans, plus tenant placement only. Every fee is listed on our pricing page.
Every available MRE home is listed on our Rentals page. Applications are accepted only through our secure AppFolio portal.

Own a rental in Aledo?

Let’s talk about what your property could earn and how we would care for it.

Schedule a Consultation

Nearby Areas We Service

Sources

Information current as of October 2026.

U.S. Census Bureau, Vintage 2025 City and Town Population Estimates · U.S. Census Bureau QuickFacts, American Community Survey 2020–2024 · City of Aledo FY 2026–27 Proposed Budget · City of Aledo FY 2026–27 Proposed Budget; About Aledo, Texas · Aledo Bond 2023 FAQs (Aledo ISD) · Aledo ISD Trustees adopt 2026-2027 budget · Watering Schedule (City of Aledo) · City of Aledo, History of Aledo; Texas Historical Commission · Texas Education Agency, 2026 A–F Accountability Ratings, TXschools.gov

Photo via Wikimedia Commons: Downtown Aledo by Renelibrary (CC BY-SA 3.0).

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