Business Details
46 Years
experience
Emergency
services
Your Trusted Property Management Partner in Webster, TX
Since 1980, Pegasus Property Management & Leasing has been dedicated to protecting the value of our clients' investments through comprehensive property management solutions. Our team of professionals brings decades of experience and expertise, offering tailored management plans to meet individual client needs while ensuring maximum property potential. We prioritize one-on-one communication, expert care, and individual attention, setting us apart from other property management companies. Our services include thorough tenant screening, lease negotiations, market surveys for optimal rental rates, full-scale bookkeeping, and timely maintenance. With over 30 years of experience, we have cultivated strong relationships with real estate professionals, maintenance contractors, and organizations, ensuring efficient and qualified service delivery.We understand that property management extends beyond rent collection, which is why we handle all aspects of property operations, from emergency services to legal documentation, allowing clients to enjoy their investments without burden. Our commitment to quality is reflected in our affiliations with the National Association of Realtors, National Association of Residential Property Managers, and local real estate boards. We serve a wide range of clients, including single property owners, corporations, and businesses, across the Houston area. Our office hours are Monday through Friday, 8:00 AM to 5:00 PM, with 24/7 emergency support available. Contact us today to learn how we can help you maximize your property's value while minimizing your responsibilities.
Services
Tenant Screening
Market Surveys
Rent Collection
Bookkeeping
Property Inspections
Maintenance Repairs
Emergency Services
Lease Management
HOA Management
Tenant Placement
Details
- Year established: 1980
Highlights and features
- We offer over 30 years of dedicated property management experience.
- Our tailored management plans meet your specific investment needs.
- Comprehensive tenant screening ensures qualified, reliable renters.
- 24/7 emergency service for urgent property issues.
- Affiliated with leading real estate and property management organizations.
Services
Tenant Screening
We conduct thorough credit checks, employment verification, and rental history reviews to ensure qualified tenants. Our process includes criminal background checks and detailed interviews, protecting your investment. Clients benefit from reduced risk and reliable tenant placements.
Market Surveys
Regular market surveys determine optimal rental rates for your property. We analyze comparable listings and local demand to maximize income. This ensures faster leasing at competitive prices while maintaining property value.
Maintenance Repairs
Our qualified contractors handle emergency and routine maintenance promptly. Services include make-readies, inspections, and repairs with full insurance coverage. Clients experience minimized downtime and preserved property condition.
Bookkeeping
We provide monthly computerized statements tracking all income and expenses. Our system ensures transparent financial management, including rent collection and disbursement handling. Clients receive accurate records for tax and investment purposes.
Lease Management
We negotiate and manage lease agreements, renewals, and legal documentation. Our process includes late notices and pet agreements to protect your interests. Clients benefit from streamlined compliance and reduced administrative burdens.
People
Larry Millican
Founder
Larry founded Pegasus in 1979 after a 21-year retail career. He has taught property management locally and leads NARPM's Clear Lake chapter. His expertise drives our client-focused approach.
Teresa Morant
Residential Property Manager
Teresa oversees 100+ properties with 30 years of experience. A licensed Realtor and Notary, she ensures meticulous management across Clear Lake and surrounding areas.
Questions
What services does Pegasus Property Management offer?
We provide tenant screening, lease management, market analysis, rent collection, bookkeeping, property inspections, and emergency maintenance services.
How does Pegasus screen potential tenants?
We conduct credit checks, employment verification, criminal background checks, and rental history reviews to ensure qualified tenants for your property.
Do you handle emergency maintenance requests?
Yes, our team monitors calls 24/7 to address urgent maintenance issues promptly, ensuring property safety and tenant satisfaction.
What areas do you serve?
We manage properties in Clear Lake, League City, Dickinson, Friendswood, Humble, Conroe, Tomball, and other Houston-area locations.
How long has Pegasus been in business?
Pegasus Property Management has provided services since 1980, with over 30 years of experience in the property management industry.
Reviews (6)
Travis Buchanan
Feb 03, 2020
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We recently moved out of town, and faced a situation of needing a solution for our two houses in the Friendswood area. I didn't want to sell the properties immediately, so we decided to rent them out for a bit. I was referred by a friend (and realtor) to use Pegasus Property Management. We could not be happier with our decision. Theresa and her team have been on top of all issues with our properties for a year now.
Twice a year they have taken pictures fo the interior/exterior of the house, and make these available to us. There is an owner portal where all receipts and business management can be transacted. However, there is almost no intervention required, as the checks roll in and are deposited to our account without issue. I would recommend the use of Pegasus to anyone looking to take high-quality care of a rental home. They are very active in the management of the properties, and treat these houses as if they were their own.
Twice a year they have taken pictures fo the interior/exterior of the house, and make these available to us. There is an owner portal where all receipts and business management can be transacted. However, there is almost no intervention required, as the checks roll in and are deposited to our account without issue. I would recommend the use of Pegasus to anyone looking to take high-quality care of a rental home. They are very active in the management of the properties, and treat these houses as if they were their own.
Brooklyn Price
Jan 29, 2020
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Not only did they never check on the mold in our air vents but when it was time to move out they kept our ENTIRE deposit of $1,500 for (and I kid you not when I say this) hanging curtains with screws in TWO ROOMS as well as a line on the wall from our couch rubbing it (my kids would jump and play on the couch.) I have NEVER in my entire rental. history had a deposit not returned. Granted, I understand the 4 screw holes needed to be filled and the wall needed a layer of paint for my couch. Please, charge me for that but $1,500? The owner was rude and dismissive. Please do yourself a favor and do NOT rent from this company. You will absolutely regret it.
Tammi Trevino
Dec 24, 2019
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This property management company was over our home we rented when we first moved to the area in the summer of 2018. When we signed the lease we didn't receive the correct garage door openers. Our option was to bring them back to the office and get some others to try. That was red flag number one. There were so many issues but apparently they have a reputation because when the owner decided to sell the home, the realtor told the owner she refused to work with Pegasus.
We found Pegasus to be unprofessional and needing to be managed rather than they having the ability to manage. I don't know where the breakdown is but I can assume, based on our experience, that it is a lack of management involvement in the everyday workings as well as lack of training/support of their representatives. None the less, we do not recommend. *I do want to note that we did get our deposit back, but I attribute that to the amazing owner of the house.not the management company.
We found Pegasus to be unprofessional and needing to be managed rather than they having the ability to manage. I don't know where the breakdown is but I can assume, based on our experience, that it is a lack of management involvement in the everyday workings as well as lack of training/support of their representatives. None the less, we do not recommend. *I do want to note that we did get our deposit back, but I attribute that to the amazing owner of the house.not the management company.
Bill Ritchie
Jan 22, 2019
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I have used Pegasus Property Management for over 3 years and have been very pleased with their responsiveness and professionalism. During and after Hurricane Harvey, they were very helpful and worked with me and my tenant to help transition through the problems. Teresa Morant and Sandy Garza always followed through on all requests made by me. Their vendor network is made up of companies that do quality work at a fair price. The business support platform Pegasus Management utilizes is first class regarding statements, billings, and tax records.
Brittanni Below
Jul 09, 2018
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Pegasus Property Management has helped to manage my Clear Lake townhome since 2013, and I have had a wonderful experience. The team is great at managing the posting of my property for lease and keeping me in the loop when repairs are needed, or when issues may arise with a tenant. I have had a wonderful experience working specifically with Teresa and Sandi and would recommend them to anyone who needs a property manager. They have always been professional, very approachable, and responsive to my emails and calls in a timely manner.
Christopher Bankston
May 15, 2018
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I must say that I was pleasantly surprised by our experience with this company. We had never rented before and chose to do so after selling our home in 2014. We rented from Pegasus for 3.5 years and every time we needed something, they delivered. We never had to go longer than one would expect to wait for repairs. (the kitchen faucet had to be replaced like 3 times.) We just recently moved out of that home and took the necessary steps to ensure we got the maximum amount back from our deposit. (make sure to have your carpets professionally cleaned and provide them with the receipt.
The $200 it will cost you will be well worth it.) Yesterday we received our deposit back in the mail. The entire amount, minus the $150 that they kept for the pet deposit (in the lease). So all in all I would recommend this company as they always did everything we needed. The only thing they could improve is answering the phone more often when you call the office. But other than that. Thanks Pegasus and Rebecca Martinez!
The $200 it will cost you will be well worth it.) Yesterday we received our deposit back in the mail. The entire amount, minus the $150 that they kept for the pet deposit (in the lease). So all in all I would recommend this company as they always did everything we needed. The only thing they could improve is answering the phone more often when you call the office. But other than that. Thanks Pegasus and Rebecca Martinez!
