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J R Grace Realty — Verified property manager on PropertyManagement.com
Quick summary
J R Grace Realty is a property management company based in Waco, TX, They serve 4 surrounding markets, and are ranked #42 nationally and #2 in Dallas, TX on PropertyManagement.com, They manage 363+ units and and have been in business since (20 years).
300+
Doors Managed
19
Years Experience
473
Google Reviews

Company Overview

J R Grace Realty is a full-service property management company based in Waco and serving the Central Texas area. The firm specializes in managing rental properties for landlords, offering services such as tenant screening, rent collection, maintenance, and financial reporting. We utilize a tech-forward approach to streamline the rental process and maintain clear communication for both property owners and residents. We do Property Management as a primary business, not as an add-on to our brokerage services.

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Certifications

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Tech Enabled

This company has verified that it runs on a vetted technology and vendor stack that delivers strong outcomes for property owners.

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NARPM Membership

This company is an active member of the National Association of Residential Property Managers (NARPM), engaged in its professional standards and education programs.

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Customer Reviews & Ratings

Google
4.5
Based on 473 reviews
Yelp
1
Based on 7 reviews
Better Business Bureau
A
Based on 2 reviews

BBB and Yelp ratings are influenced by ads or paid accreditation. They are still shown for transparency but don’t affect TrueMatch™ score.

Frequently Asked Questions

Why should I choose J R Grace Realty as my property manager?

We focus on property management first, are active real estate investors since 2006, and operate as an elite team that invests ~720 hours/year in PM training.

$45/mo Owner Benefit Package — what is included?

Lease renewals and mid-lease inspections, an annual inspection report with photos, checks for maintenance concerns and pet evidence, HVAC filter change, and basic preventative maintenance with recommendations from your Property Manager.

What is your application and screening process?

Online application with bundled screening: credit, evictions, judgments, delinquencies, and criminal history; income verification at 3x rent; and references from previous landlords.

How do I know you won’t spend my money on large repairs without my approval?

Repairs under the typical maintenance limit (~$500) proceed without express approval; anything over requires owner approval except emergencies. The team strives for proactive communication.

Can you help me find investment properties to purchase?

Yes. The team are active investors and can assist in finding suitable properties.

How is the TrueMatch™ Score calculated?

We evaluate property management services across four key areas: performance efficiency, cost-effectiveness, reliability, and credibility. These scores reflect how well we manage vacancies and rent collection, deliver value for money, maintain consistent service and communication, and uphold industry standards through experience and proven success.
J R Grace Realty — Verified property manager on PropertyManagement.com
Top 42 Property Manager in the Nation
Top 100 2025#42

Company Details

Property Types

Condominiums Duplexes / Triplexes / Fourplexes Multi-Family Single-Family Townhouses

Credentials

Licensed Insured

Asset Class Focus

A-Class B-Class C-Class

Company Size

Mid-Market [200-499]

Years in Business

19 years

Founded Year

2006

Verification Status

Verified by PropertyManagement.com

Contact Information

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