Top 5 Property Management Companies in Houston

The best property management companies in Houston make investing in local real estate easy. From full service managers to affordable alternatives we reviewed dozens of options to select the best overall Houston property management companies based on price, availability, services and value.

The 5 best property management companies in Houston are:

• HomeRiver Group: Best Overall Property Management Company in Houston
• Rental Management Group: Best for Single-Family Homes
• Precision Realty & Management, LLC: Best for Different Property Types
• Shannon Property Management: Best for Rental Portfolios
• TexasRenters: Best for Affordability 

Let Awning find the best property manager for your rental property. Simply fill out the form and Awning will find a property manager that provides the best rates and services for your property.

How We Selected the Best Property Management Companies in Houston

When choosing the most suitable property manager to take care of your rental properties, it’s important to consider a number of different factors.

In our ranking of the best property management companies in Houston, we’ve focused on the following criteria:

• Service coverage: We included only full-service property management companies that provide everything needed to manage a rental property business. In this way, property owners can earn passive rental income while the performance of their property is being optimized.
• Market coverage: We chose both national and local property managers to give investors the option to choose what kind of business they prefer to work with. We looked for companies that operate not only in Houston but also in the surrounding areas as they offer profitable investment opportunities.
• Property type coverage: We searched for companies that manage both single-family and multifamily homes as well as condos and townhouses as the most popular property types in the Houston market.
• Company size: We selected a few big, nationwide companies and a few small, local property managers.
• Contract terms: We looked for companies that allow landlords to cancel services as soon as they are not fully happy with the quality.
• Cost: We analyzed the pricing structure for full-service property management to provide real estate investors with affordable options without hidden fees.
• Online reviews: We considered what reviews both property owners and tenants wrote on third-party websites.
• Value for money: We focused on the property management companies that offer the best value for money in the Houston real estate market.

HomeRiver Group: Best Overall Property Management Company in Houston

HomeRiver Group is the biggest third-party rental property management company in the US, with a strong presence in the Houston market. John Hirschfeld, Andrew Propst, Doug Dale, and Joshua Bangert established the company in 2016, with headquarters in New York, NY. HomeRiver Group operates in multiple cities in 32 states through a network of local offices that focus on meeting the needs of local landlords and tenants. The comprehensive services and the efficient pricing make the Houston office of HomeRiver Group the best overall property management company in Space City.

Notable HomeRiver Group was also ranked first in our state-wide evaluation of the best property management companies in Texas.

HomeRiver Group Property Management Services

As the best property management company in Houston, HomeRiver Group offers all-in-one services for long-term rental properties of different types and sizes. The provided property management services include:

• Property-specific market analysis to maximize ROI
• Property marketing
• Extensive tenant screening
• Tenant move-in
• Rent collection
• Routine property inspections
• Property maintenance
• Prompt repairs
• Rental property accounting
• Detailed financial reporting
• Evictions

HomeRiver Group Property Types Coverage

HomeRiver Group manages the following types of residential long-term rental properties:

• Single-family homes
• Small multifamily homes
• HOA community homes

HomeRiver Group Property Management Locations

In addition to Houston, the HomeRiver Group Houston office also manages properties in a few neighboring towns and cities including:

• Bellaire
• Cypress
• Highlands
• Humble
• Pearland
• Spring
• Sugarland
• The Woodlands
• Tomball

HomeRiver Group Property Management Costs

Depending on the exact location, HomeRiver Group charges either a flat monthly fee or a percentage of the monthly rental income. This is in order to reflect regional differences and specifications.

In general, HomeRiver Group fees are competitive and come with significant discounts for multiple properties which makes them ideal for investors with small portfolios of rental properties. In addition to the monthly fees, property owners need to pay a leasing fee and a lease renewal fee.

HomeRiver Group Property Management Terms

Hiring the Houston office of HomeRiver Group entails signing a written property management agreement, a standard in the property management industry. The contract specifies the rights and responsibilities of both the property owner and the property manager. Since a copy of the agreement is not available on the company website, we recommend that you ask to see it and review it diligently before signing.

Landlords need to provide the company with:

• Keys to the property
• Openers for the garage doors
• Insurance certificate naming HomeRiver Group as an additional insured
• W-9 form
• Lead paint form
• Current lease (if applicable)
• Tenants contact information (if applicable)
• Rent information (if applicable)
• HUD contract (if applicable)

HomeRiver Group can onboard both vacant rentals and tenant-occupied properties.

HomeRiver Group Property Management Reviews

There are almost 2,000 online reviews of HomeRiver Group, most of which highlight very positive experiences.

You can find HomeRiver Group reviews on:

• Birdeye: Currently 4.0/5 stars based on 734 reviews, including 731 Google reviews
• Google: Currently 4.0/5 stars based on 678 reviews

Satisfied property owners praise the outstanding management services, the fast problem resolution, the high-quality tenants, the expertise of the team, the excellent customer service practices, and the ease of communication. Dissatisfied investors talk about poorly maintained rentals, problems with the paperwork, property issues not being fixed right away, and inability to get in touch with customer support.

Happy tenants highlight the great properties, the prompt services, and the eagerness of the team to exceed expectations. Unhappy renters discuss higher than expected fees, delayed move-in processes, and inefficient communication processes.

How to Get Started with HomeRiver Group Property Management

To get started with the best overall property management company real estate investors can submit an online form via HomeRiver Group.

Rental Management Group: Best for Single-Family Homes

Rental Management Group is a family-owned and run local property management company specializing in long-term rentals. Chase Coleman and Leslie Guevara created the company in 2017, with headquarters in Houston, TX. Rental Management Group has emerged as a leader in the management of single-family homes in the Houston rental market.

Rental Management Group Property Management Services

As one of the best long-term rental property management companies in Houston, Rental Management Group aims to provide services that cover the needs of both local and remote investors. Property owners can choose between two packages: Lease Only and Full Service.

The offered services include:

• Getting properties ready for renting out
• Marketing
• Tenant screening
• Rent collection
• Rental property accounting including monthly statements
• Monthly payouts to landlords
• Property maintenance including coordination
• Property protection
• Evictions
• Landlord insurance, provided by Steadily

Rental Management Group is also working on launching a mentorship program to help investors get started and grow their rental business.

Rental Management Group Property Types Coverage

Rental Management Group works exclusively with single-family homes, in and around Houston.

Rental Management Group Property Management Locations

The services provided by Rental Management Group are available in Houston as well as the surrounding areas including:

• Bear Creek
• Bellaire
• Champions
• Cypress
• Downtown
• EaDo
• Energy Corridor
• Fresno
• Galleria
• Heights
• Humble
• Jersey Village
• Katy
• Medical Center
• Memorial
• Midtown
• Mission Bend
• Missouri City
• Montrose
• Oak Forest
• Pasadena
• Pearland
• Richmond
• Sharpstown
• Spring
• Spring Branch
• Stafford
• Sugar Land
• Tomball
• Washington Corridor
• West U
• Westbury
• Westchase
• Willowbrook

Rental Management Group Property Management Costs

Rental Management Group has a very clear pricing structure, with three different plans depending on the services included and the number of properties under their management.

The Lease Only plan is meant for investors who need help only with getting their property rented out. This includes marketing and tenant screening, and the lease fee is equivalent to one month’s rent. Rent collection can be included for an additional fee of one month’s rent.

The Full Service plan is charged at 7% of monthly rental revenue. This includes all services needed to get passive income from your investment property. There are three additional charges that investors need to consider: 1) A lease fee equivalent to one month’s rent; 2) A renewal fee equivalent to 25% of month’s rent; and 3) Condition report for $119.

Investors with 5+ rental units benefit from a 5% management fee in addition to the other fees included in the Full Service plan. This makes Rental Management Group an ideal option for landlords with portfolios in the Houston real estate market.

Rental Management Group Property Management Terms

The Lease Only plan requires a 6-month commitment. The Full Service property management contracts are handled on a monthly basis.

Rental Management Group Property Management Reviews

There are over 100 online reviews of Rental Management Group that reveal highly positive experiences.

You can find Rental Management Group reviews on:

• Birdeye: Currently 4.3/5 stars based on 70 reviews including 66 Google reviews
• Google: Currently 4.4/5 stars based on 55 reviews
• Facebook: Currently 5.0/5 stars based on 18 reviews
• Yelp: Currently 4.5/5 stars based on 18 reviews

Positive reviews by property owners and tenants focus on the quality services, the user-friendly online platform, the professionalism of the team, and the responsiveness of customer support. Negative reviews complain about poorly handled maintenance requests, lack of professionalism, suspicious practices, and lack of follow-up.

How to Get Started with Rental Management Group Property Management

To get started with the best property management company for single-family homes in Houston, landlords can submit an online form through the Rental Management Group website.

Precision Realty & Management, LLC: Best for Different Property Types

Precision Realty & Management, LLC is a local, full-service property manager operating Houston long-term rentals. Precision has one of the longest histories among the top Houston property management companies as it was founded in 1989, with headquarters in the city. Despite its long history, the company stays on track of the most recent trends in the property management industry. One of the main benefits of hiring Precision is that they work with various types of residential properties.

Precision Property Management Services

The rental property management services provided by Precision include the following:

• Optimizing rental value based on market analysis
• Rental advertising
• Tenant screening
• Rent collection
• Collecting late rent in line with local laws
• Landlord payout deposits
• Property inspections
• Routine and emergency property maintenance
• Financial reporting
• Evictions

Precision Property Types Coverage

Precision manages a few different types of properties:

• Single-family homes
• Townhomes
• Condos
• Apartment buildings

That’s what makes Precision the best property manager in Houston for investors with diverse rental property portfolios.

Precision Property Management Locations

Similar to other best property management companies in Houston, the services of Precision expand beyond the limits of Space City to cover:

• Conroe
• Cypress
• Humble
• Katy
• Porter
• Richmond
• Spring
• Tomball
• The Heights
• The Woodlands

Precision Property Management Costs

Precision does not provide the pricing structure for its property management services on the company website. Thus, investors need to contact them and discuss this issue. However, they offer a free rental price analysis before getting started.

Precision Property Management Terms

Precision Realty & Management, LLC does not specify the terms of their property management agreement on the website. It’s recommended that property owners ask to see a copy of it before committing to working with the company.

Precision Property Management Reviews

There are more than 100 online reviews of Precision that show mixed experiences by property owners and tenants.

You can find Precision Realty & Management, LLC reviews on:

• Birdeye: Currently 3.9/5 stars based on 96 reviews including 92 Google reviews
• Google: Currently 4.0/5 stars based on 88 reviews
• Yelp: Currently 2.5/5 stars based on 11 reviews

Happy property investors and renters focus on the great quality of service, the quick fixing of problems, the knowledge of the local market, the skilled team, and the friendly staff. Unhappy customers comment on unready properties, unqualified contractors, the greediness of the company, and withheld security deposits.

How to Get Started with Precision Property Management

To get started with the best property management company for different property types in Houston, real estate investors can fill in an online form on the Precision website.

Shannon Property Management: Best for Rental Portfolios

Shannon Property Management is a full-service rental property management company operating in the Houston market. Steven and Greg Shannon founded the company, with headquarters in Houston, TX, building on their family’s experience in real estate and construction. Shannon Property Management is the best Houston property manager for long-term rental portfolios.

Shannon Property Management Services

Shannon Property Management offers comprehensive services to long-term rental properties and their owners. These include:

• Rental pricing based on thorough rental market analysis and latest trends
• Rental listing and marketing on top listing services
• Tenant screening
• Dynamic check-ins
• Tenant relations
• Collecting monthly rent
• Property maintenance through in-house coordinators and experienced technicians
• Monthly and annual owner statements for tax purposes

Shannon Property Management Property Types Coverage

In terms of residential property management, Shannon Property Management works with:

• Single-family residences
• Sub-100 unit multifamily complexes
• Roomshares and HOAs

Shannon Property Management Locations

Shannon Property Management does not limit its market coverage to Houston only. They also manage properties in:

• Baytown
• Copperfield
• Crosby
• Cypress
• Katy
• Richmond
• Spring

Shannon Property Management Costs

Shannon Property Management fees are calculated as a percentage of the monthly rental income. For single-family homes, the range is between 4% and 10%, while it goes down to 4%-8% for small portfolios (3-10 properties) and to 4%-7% for large portfolios (10+ properties). The exact fee depends on the property specifications and the monthly revenue. The discounts for additional properties is what makes Shannon Property Management the best local property managers for investors with multi-unit portfolios.

In addition, this Houston property management company charges a leasing fee equal to 75% of monthly rent and a flat lease renewal fee of $395.

For small multifamily rental properties, the management fee is 4%-10% of rental income, and it’s just 4% of gross income for large multifamily rentals.

Shannon Property Management Terms

Property owners who’d like to work with Shannon Property Management need to sign a management agreement. However, they are free to leave when they want, without having to pay an early termination fee, as some Houston property management companies require. All they need to do is to submit a 30-day notice.

Shannon Property Management Reviews

There are a few hundred online reviews of Shannon Property Management that show very positive reviews.

You can find Shannon Property Management reviews on:

• Birdeye: Currently 4.8/5 stars based on 263 reviews
• Google: Currently 4.9/5 stars based on 252 reviews
• Thumbtack: Currently 5.0/5 stars based on 11 reviews
• Yelp: Currently 3.0/5 stars based on 8 reviews

Satisfied landlords and renters highlight the good properties, the efficient processes, the personalized approach, the quick turnaround, and the helpful team. Dissatisfied customers complain about vacant properties, slow processes, the lack of communication, and the poor customer service.

How to Get Started with Shannon Property Management

To get started with the best property management company for rental portfolios in Houston, real estate investors can submit an online form via the Shannon Property Management website.

TexasRenters: Best for Affordability

TexasRenters is a local property manager that works with long-term rental properties across Houston. The company was founded in 2011, with headquarters in Houston, TX. TexasRenters provides the services needed for passive real estate income. Compared to other companies, they offer very competitive property management fees, making them one of the most affordable options in the Houston market.

TexasRenters Property Management Services

The rental property management services that TexasRenters delivers to landlords include:

• Rental price analysis
• Property listing and marketing on 230+ websites including the Texas MLS
• Tenant application and screening
• Pet screening
• Rent collection
• Move-in and move-out inspections
• Re-key between tenants
• AC check ups
• Quarterly AC filter deliveries
• Property inspections
• Tenant maintenance request management
• Insurance claim oversee
• Owner payout payments
• Monthly cash flow statements
• Annual tax statements
• Evictions
• Home improvement

TexasRenters Property Types Coverage

TexasRenters work with a few different types of rental properties including:

• Single-family homes
• Townhouses
• Condos
• Small multifamily properties

TexasRenters Property Management Locations

TexasRenters focuses on managing properties within the Houston rental market.

TexasRenters Property Management Costs

TexasRenters offers two property management packages: Basic and Plus, with the latter covering a few extra services like utility concierge service, re-key between tenants, AC check ups, and insurance claim oversight. With the Basic plan, these services can be purchased separately.

The Basic property management services cost $75/month, which is very affordable for real estate investors. The Plus package costs $109/month. Additionally charged services include a renewal fee ($99-$149), a lease renewal inspection ($50), and a set up fee for lease take over ($99).

TexasRenters charges a 10% oversee fee for home improvement projects.

TexasRenters Property Management Terms

The TexasRenters website does not provide information on the property management contract between property owners and the company. Thus, it’s highly recommended that you ask to receive a copy before deciding whether to work with this property manager.

TexasRenters Property Management Reviews

There are over 1,000 online reviews of TexasRenters that reveal mixed experiences.

You can find TexasRenters reviews on:

• Yelp: Currently 3.9/5 stars based on 490 reviews including 470 Google reviews
• Google: Currently 3.8/5 stars based on 434 reviews
• Yelp: Currently 2.0/5 stars based on 101 reviews
• YellowPages: Currently 4.5/5 stars based on 18 reviews

Positive reviews talk about the smooth transactions, the quick handling of maintenance requests, the knowledgeable team, the professionalism, and the friendly customer service. Negative reviews discuss long application processes, no fixing of problems, withholding deposits, unexpected fees, and the absence of the customer support services.

How to Get Started with TexasRenters Property Management

To get started with the best property management company for affordable rates in Houston, property owners can submit an online form via the TexasRenters website

Takeaway

There are hundreds of property managers in the Houston market, ranging from small local companies to large nationwide enterprises. Our review shows that HomeRiver Group is the best property management company in Houston for long-term rental properties as it offers the best value for money. Meanwhile, Awning is the top Airbnb management company in Space City as it charges the lowest fees for truly comprehensive services. Investors with portfolios of rental properties can look into Shannon Property Management, and owners in search for affordable fees should check out TexasRenters.