J R Grace Realty

Property Management in Waco, TX

Your full service for Waco and Central Texas

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Your choice for Waco Property Management

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.

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Interested in a rental? Apply Now!

To 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 to find the best home for your needs.

Experienced Leadership
You Can Count On

There are aspects of our property management that seem pretty simple. There are many elements of a smooth rental transaction, however, that are complicated and daunting.

We can help you with every aspect of Managing your property, because we’re experienced, because We’re professional . . .and because we care.

Connected Property Management

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Owners / Prospective Owners

We help owners protect and grow their investments through professional management, clear communication, and transparent reporting. 

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Residents / Prospective Residents

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.

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Realtors / Referral Partners

We partner with realtors to ensure smooth transactions and positive outcomes for their clients. Our focus is on reliability, communication, and long-term trust.

 
 
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Vendors

We work with vendors through clear communication, organized workflows, and consistent job opportunities. Our process is designed to keep work efficient and coordination simple.

Trusted by Waco, Texas

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.

Years of Experience
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Properties Leased
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How We’ll Manage
Your Waco, Texas Rental Property

Marketing

We advertise listings on our website, syndicate them through Zillow, and leverage Facebook for additional exposure as needed.

Resident Screening

Our bundled screening package covers credit score evaluation, rental history, income verification, and eviction history.

Rent Collection

We have a proven system for rent collection, along with an attorney on standby to handle evictions if necessary.

Maintenance

We have in-house maintenance and act as the general contractor on all work, ensuring repairs are completed correctly.

Inspections

We perform thorough inspections at every stage, including initial, move-in, move-out, and mid-lease inspections.

Enforcement

We make sure tenants follow the lease by setting clear expectations from day one and addressing any violations promptly.

Owner Benefit Package

Cost: $45 per mo./unit

OBP Features

  • Lease Renewal $200
  • Master Renter’s Insurance Policy
  • Master Property Policy options
  • Animal Protection Guarantee $2,000
  • HVAC Filter Service for Residents
  • Owner Web Access
  • Zillow Advertising $150
  • Home Warranty Utilization $45
  • HOA Communication $45
  • Annual Tax Prep $45
  • Roll-over lock service $250 credit
  • Mid Lease Inspection $165
  • Professional Pictures for your listing $225
  • Digital Floor plan $45 
  • Discounted Brokerage Services
  • Evictions $350

Insurance claim coordination $45

Protect & Maximize Your Investment

Benefit from personalized advice tailored to your specific property and goals, enabling you to make informed decisions for optimal outcomes. Our expert guidance will:

  • Help you enhance property value
  • Attract high-quality residents
  • Streamline management processes
  • Formulate a successful marketing strategy
  • Redline your cashflow potential to give you the highest yield

What Makes J R Grace Realty the Best Choice?

Our team understands that the details matter. From financial accuracy to regulatory compliance, we take a precise and thorough approach to property management. Where many companies overlook small details or cut corners on rules and regulations, we remain diligent, knowing that these oversights can lead to unnecessary expenses and liability for property owners. Our commitment to accuracy and compliance is what truly sets us apart.

Personalized Service

We are a technology-forward company that leverages AI to streamline operations and maintain a consistent, reliable cadence of communication with our clients. By automating routine touchpoints and enhancing responsiveness, we ensure that our clients stay informed, supported, and never left waiting for updates.

Experienced Professionals

I’ve been a real estate investor in Waco for over 20 years, personally owning and managing my own properties throughout that time. My experience spans building, flipping, rehabbing, wholesaling, and owner financing hundreds of properties, giving me a well-rounded, hands-on understanding of the full real estate lifecycle.

Efficient, Proven Systems

“We use a technology-forward system including Rent Manager, Google Workspace, Hiver, Dialpad, zInspector, Rent Engine, Super AI, and Portant to streamline operations and communication, automate routine tasks, and create a more efficient, hassle-free experience than traditional ‘old school’ companies.

We Love When Our Clients Are Happy

Get Your FREE Property Management Rental Analysis

Valuation

Learn what your property should rent out for

Optimization

More details how we can maximize your profitability

Compatibility​

See if your property is a good fit for our services

The free rental property analysis is provided as an informational service to help you understand potential rental values and strategies for maximizing profitability. It is based on market data and insights but does not guarantee specific outcomes. The analysis includes an estimate of what your property could rent for, suggestions on profitability optimization, and an assessment of whether your property aligns with our services. Actual results may vary based on market conditions, property specifics, and other variables. This service is non-binding and does not create any contractual relationship.

Discover How J R Grace Realty Can Benefit You

Expert Insights

With over 20 years of hands-on experience in Waco, we know what it takes to keep rentals performing. From setting the right rent price to placing quality tenants, our local expertise and strategic approach ensure your investment grows.

Smart Systems

No more juggling spreadsheets or chasing down late payments. Our modern management platform handles rent collection, maintenance requests, and reporting, keeping everything organized, efficient, and stress-free.

Stress Less, Earn More

Owning a rental should build wealth, not wear you down. We take care of the day-to-day details: marketing, screening, repairs, inspections, so you can focus on what matters most while enjoying steady cash flow and peace of mind.