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46 Years
experience
Emergency
services
Your Trusted Property Management Partner in Houston
Since 1980, Pegasus Property Management & Leasing has been dedicated to protecting the value of our clients' investments through full-service property management. Our team of dynamic professionals combines decades of experience with tailored management plans to meet each client's unique needs, ensuring maximum property potential while granting complete independence. We prioritize expert care and individual attention, distinguishing ourselves from competitors by offering one-on-one communication with property managers. Our comprehensive tenant screening process includes personal interviews, credit investigations, criminal history checks, and employment verification to secure quality tenants.

We negotiate lease agreements with legal safeguards, including pet agreements and late notices, while maintaining strong relationships with real estate professionals and maintenance contractors. With over 30 years of expertise, we handle rent collections, disbursements, and full-scale bookkeeping, providing monthly computerized statements for transparency. Our physical property surveys ensure compliance with lease conditions, and our qualified maintenance team addresses repairs promptly. Emergency services are available 24/7, and we actively participate in industry organizations like the National Association of Realtors and NARPM to stay at the forefront of property management excellence.
Services
Property Management Tenant Screening Lease Agreements Maintenance Services Emergency Repairs Bookkeeping Market Surveys HOA Management Commercial Property Management Property Inspections
Details
  • Year established: 1980
Highlights and features
  • Over 30 years of professional property management experience
  • Tailored management plans for individual client needs
  • Comprehensive tenant screening with credit and criminal checks
  • 24/7 emergency service monitoring for urgent issues
  • Affiliations with leading real estate and property management organizations
Associations and certifications
  • National Association of Realtors
  • National Association of Residential Property Managers
  • Clear Lake Area Chamber of Commerce
  • Houston Association of Realtors
  • Houston Apartment Association
Services
Property Management
We provide comprehensive property management services, including tenant relations, maintenance coordination, and financial oversight. Our tailored plans protect your investment while maximizing returns. With decades of experience, we ensure properties remain in optimal condition and comply with lease agreements.
Tenant Screening
Our rigorous screening process includes credit checks, criminal history verification, employment confirmation, and rental history reviews. This ensures quality tenants who meet strict criteria, reducing risks for property owners while maintaining high occupancy rates.
Lease Agreements
We negotiate and manage lease agreements with legal safeguards, including pet policies and late payment terms. Our expertise ensures compliance with local regulations while protecting owners' interests through enforceable documentation.
Maintenance Services
Our qualified contractors handle routine and emergency repairs promptly. We ensure timely maintenance with insured professionals, preserving property value and tenant satisfaction through fast, reliable service.
Emergency Repairs
We offer 24/7 emergency repair services for urgent issues like plumbing leaks or electrical failures. Our monitored response system ensures rapid resolution of critical problems, minimizing property damage and tenant disruptions.
People
Larry Millican
Founder
Larry founded Pegasus in 1979 and has led its growth into the largest property management company in the Clear Lake Area. With over 30 years in the field, he expanded services to include HOA and commercial management. He teaches property management and holds leadership roles in multiple industry associations.
Teresa Morant
Residential Property Manager
Teresa oversees 100+ condominium and single-family home portfolios in Houston-area communities. With 30+ years in property management and a licensed Realtor, she specializes in tenant relations and property compliance. She joined Pegasus in 2013 and actively participates in real estate associations.
Questions
What services does Pegasus Property Management offer?
We provide full-service property management, including tenant screening, lease agreements, maintenance, emergency repairs, bookkeeping, market surveys, and HOA/commercial property management.
How does Pegasus screen tenants?
Our screening includes personal interviews, credit checks, criminal history verification, employment confirmation, and rental history reviews to ensure qualified tenants.
Are emergency services available outside regular hours?
Yes, our phones are monitored 24/7 to handle emergencies promptly.
What areas do you serve?
We serve Clear Lake, League City, Dickinson, Friendswood, Humble, Conroe, Tomball, and other Houston-area locations.
How do you ensure competitive rental rates?
We conduct regular market surveys to maximize rental income and attract quality tenants through targeted marketing.
What qualifications do your property managers have?
Our team includes licensed Realtors and Notary Publics with decades of combined experience in property management and real estate.