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Lipan, TX Security Deposit Laws 2026

Texas limits security deposits to 2 month's rent. In Lipan, that's $2,824 at the median 2BR rent of $1,412/month. Miss the 30-day return deadline and you could owe $4,236+.

In Texas, landlords must return security deposits within 30 days after move-out. The maximum deposit is 2 month's rent. Failure to return on time or provide an itemized statement can result in penalties of $4,236 or more.

Key Takeaways — Lipan Security Deposit Laws

  • Maximum deposit: 2 month's rent = $2,824 at Lipan's median rent
  • Return deadline: 30 days after tenant moves out
  • Penalty for late return: Up to 3x the deposit ($4,236)
  • Itemized statement: Required with any deductions

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Security Deposit Laws in Lipan

Under Texas law, landlords in Lipan may collect a maximum security deposit of 2 month's rent. At Lipan's median 2-bedroom rent of $1,412/month, that means the most you can legally collect is $2,824.

$2,824

max deposit (2mo × $1,412)

30 days

return deadline

$4,236

max penalty for late return

Returning the Deposit: The 30-Day Clock

Once a tenant moves out of your Lipan rental, Texas law gives you exactly 30 days to either return the full deposit or provide an itemized statement of deductions. The clock starts on the day the tenant surrenders possession — not when you inspect the unit.

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What you can deduct from a security deposit in Lipan:

  • Unpaid rent
  • Damage beyond normal wear and tear
  • Cleaning costs to restore the unit to move-in condition
  • Costs for restoring or replacing personal property (if lease allows)

What you cannot deduct:

  • Normal wear and tear (minor scuffs, carpet wear, faded paint)
  • Pre-existing damage (document with photos at move-in)
  • Professional cleaning if the tenant left the unit in reasonable condition

Penalty Warning

Violate Texas security deposit laws rules in Lipan and you could owe $4,236+. At Lipan's median rent of $1,412/month, even a single violation adds up fast.

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How Lipan Rents Affect Deposit Amounts

Deposit amounts scale with local rents. Here's what Lipan landlords typically collect:

Unit Size Median Rent (Lipan) Max Deposit (2mo) Penalty Risk
Studio $1,098/mo $2,196 $6,588
1-Bedroom $1,237/mo $2,474 $7,422
2-Bedroom $1,412/mo $2,824 $8,472
3-Bedroom $1,693/mo $3,386 $10,158

Rents based on HUD Fair Market Rents (FY2026) for Hood County.

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Security Deposit Laws in Nearby Cities

Own properties in multiple cities? Rules may differ locally:

Dennis, TX
Pop. 836
Tolar, TX
Pop. 1,227
Granbury, TX
Pop. 12,622
Millsap, TX
Pop. 414
Cresson, TX
Pop. 1,983

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How we researched this page: Security deposit laws rules are based on Texas state statutes. Rent data comes from HUD Fair Market Rents (FY2026) for Hood County. Last updated: August 2026.
RA

Reviewed by Rachid Abadli

Founder & CEO, LeaseBase · Sacramento landlord · Self-managing since 2019

LeaseBase is a property management platform — not a law firm. Consult an attorney for legal advice specific to your situation.

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