Your full service for Waco and Central Texas
J R Grace Realty is a full service property management company in Waco, Texas serving Waco, Woodway, Hewitt, Robinson, China Spring, Bellmead, and Lacy Lakeview. We manage single family homes, townhouses, and condos for rental property owners. Our office is located at 2012 Lake Air Dr. Suite F, Waco, TX, 76710. Call (254) 777-5577 for a free rental analysis.
We specialize in full service property management services to fit your needs as a landlord or home owner. We tailor our services to ensure that you have the highest level of service for your home. We treat your home as our own.
Get a Free Rental AnalysisTo set up a showing for any of our properties call (254) 777-5577. Whether you are looking for a single family home, townhouse or condo, we will have one of our dedicated team members work with you.
View Available PropertiesProperty Manager, Owner/Broker, TRLS, TRPM
Patrick Pendley, Owner/Broker of J R Grace Realty, has more than 20 years of hands-on real estate experience in Waco, including building, investing, rehabbing, leasing, and property management. His TRLS and TRPM designations and the company's NARPM involvement support a professional, systems-driven approach.
Patrick and the J R Grace Realty team help with every aspect of managing a rental property because they are experienced, professional, and committed to caring for each home.
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We help owners protect and grow their investments through professional management, clear communication, and transparent reporting.
We provide residents with a simple, stress-free rental experience from leasing through daily living. With responsive support and clear communication, we make it easy to feel at home.
We partner with realtors to ensure smooth transactions and positive outcomes for their clients. Our focus is on reliability, communication, and long-term trust.
We work with vendors through clear communication, organized workflows, and consistent job opportunities. Our process is designed to keep work efficient and coordination simple.
Managing a successful rental property requires time, experience, and ongoing attention. J R Grace Realty takes that responsibility off your plate, saving you time and eliminating the stress that comes with managing a rental on your own while protecting and growing your investment.
We prepare each home for market, create a clear listing with strong photos, publish it on our rental website, and syndicate it to major rental channels to reach qualified prospects.
Every applicant receives consistent credit, rental-history, income, and nationwide eviction-history screening before an approval decision is made.
Residents can pay through the online portal. Our team monitors payments, communicates clear expectations, and follows a consistent collection process.
Our in-house maintenance team coordinates requests and completes or oversees work, while owners receive clear communication about repairs and costs.
We document move-in and move-out condition and can perform mid-lease inspections to identify maintenance concerns and protect the property.
We set expectations at move-in, document issues, communicate with residents, and apply the lease consistently, including coordinating legal support when necessary.
Our team understands that the details matter. From financial accuracy to regulatory compliance, we take a precise and thorough approach to property management. Our commitment to accuracy and compliance is what truly sets us apart.
We are a technology-forward company that leverages AI to streamline operations and maintain a consistent, reliable cadence of communication with our clients.
Over 20 years of hands-on experience in building, flipping, rehabbing, wholesaling, and owner financing gives us a well-rounded understanding of the full real estate lifecycle.
Modern technology streamlines operations and communication, automates routine tasks, and creates an efficient, hassle-free experience.
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See if your property is a good fit for our services
With over 20 years of hands-on experience in Waco, we know what it takes to keep rentals performing.
Our modern management platform handles rent collection, maintenance requests, and reporting.
We take care of the day-to-day details so you can enjoy steady cash flow and peace of mind.
Property management pricing depends on the property and services selected. J R Grace Realty provides a clear management proposal after reviewing the home; the optional Owner Benefit Package is $45 per month per unit.
J R Grace Realty provides marketing and advertising, tenant screening, lease preparation and enforcement, rent collection, in-house maintenance, inspections, eviction coordination, and financial reporting for Waco-area rental owners.
Every applicant goes through a bundled screening package that includes credit evaluation, rental history verification, income verification, and a nationwide eviction history check.
Leasing time depends on pricing, condition, season, and demand. J R Grace Realty markets homes on its website, syndicates listings to major rental sites, and uses professional presentation to reduce avoidable vacancy.
Yes. J R Grace Realty coordinates the eviction process when necessary and maintains an attorney relationship for legal support. Thorough screening and consistent rent collection are designed to make evictions rare.
J R Grace Realty has an in-house maintenance team and coordinates work as the general contractor. Residents submit requests through an online portal, and owners receive communication about work performed.
J R Grace Realty manages rental properties throughout Central Texas, including Waco, Woodway, Hewitt, Robinson, China Spring, Bellmead, and Lacy Lakeview.
Start with a free rental analysis to understand likely rent, opportunities to improve performance, and whether the property fits J R Grace Realty's services. Call (254) 777-5577 or complete the form on this page.
Waco · Woodway · Hewitt · Robinson · China Spring · Bellmead · Lacy Lakeview