Website
Call
Pegasus Property Management & Leasing
Since 1980, Pegasus Property Management and Leasing Inc. has been providing full service property management dedicated to protecting the value of our clients' investments. There is quite a difference between Pegasus and other property management companies.

Comprised of a dynamic group of professionals, Pegasus provides the experience and expertise to allow you complete independence and freedom while insuring the maximum potential of your properties.We provide tailored management plans to meet your specific needs and provide property managers for one on one communication.
Services
Larry and his wife, Monica, started Pegasus in 1979. Larry has worked full time in the management operations since 1986 after retiring from retail grocery business in which he spent 21 years. Larry has grown the company to the largest property management company in the Clear Lake Area and has expanded the business to include the management of homeowner associations and light commercial.
Quality qualified tenants - We investigate the prospective tenant's credit, employment and rental history and further negotiate a lease with your best interests in mind. Market surveys for maximum rental rates - We perform regular market surveys to insure the maximum rental rates for your investment and also offer your property to the largest number of potential tenants.
Reviews (16)
Hayden P.
Hayden P.
Aug 06, 2021
Report
If I could give zero stars, I would. I have been renting homes/ apartments for 5 years and this is by far the worst company I’ve ever dealt with. I’ve never had a company that showed so little care towards their tenants and had contractors openly talk about how much they dislike the landlord/ management. Here’s a few examples of what I dealt with in the year I rented with pegasus.
1) they don’t follow up with their contractors. Literally the day we got our keys, we couldn’t unlock our doors because one of their contractors had changed the locks and Pegasus didn’t know! Then they said
Brooklyn Price
Brooklyn Price
Jan 29, 2020
Report
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
Travis Buchanan
Travis Buchanan
Oct 19, 2019
Report
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
Tammi Trevino
Tammi Trevino
Sep 21, 2019
Report
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
Bill Ritchie
Bill Ritchie
Jan 22, 2019
Report
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.
Brandi Truelove
Brandi Truelove
Dec 28, 2018
Report
We held a lease for 2 years and living month to month for 3 months. I submitted our 30 day notice when I paid rent on the 3rd, Teresa says that since I submitted the notice on the 3rd that my 30 days falls on June 2nd therefor, we have to stay through June 30th. We have been very considerate tenants- we had the AC leak onto the ceiling and into the front room, we had the upstairs toilet leak to the downstairs causing a constant piss smell until the point the ceiling had yellow stains and starting leaking. Once the sheet rock was removed- there was mold. We had to put up with a 2 weeks of remodeling
Jason David
Jason David
Nov 19, 2018
Report
We just recently moved out of a home that was managed by Pegasus. We had lived in the home going on 2 years and were very fortunate in that time. We always had a very positive experience during that time, the company does perform "inspections" of the property periodically but we were aways notified in advance when it was going to take place and it happened twice while we were there. I am actually writing this review because of the move out experience with then. I have always lived in apartments and due to my job I have done quote a bit of moving around. The move out process was extremely seamless
Brittanni Below
Brittanni Below
Jul 09, 2018
Report
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
Christopher Bankston
Dec 15, 2017
Report
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
Chris Ch
Chris Ch
Jun 21, 2017
Report
Pegasus property management is a TERRIBLE property manager! My AC went out and it took 3 months for them to replace it. 3 months of no AC. My water heater went out and flooded the roof of my parking spot. It finally caved in and I still have a gaping hole in my floor. They also won't work with you at all in your favor. Paid rent on time for a year. One time I needed them to cash rent check 2 days after rent is due and they said NO. Most places charge late fees by ether adding $10 for each day late OR a flat rate of 10% of your rent. Pegasus Property does both! So if your rent is just 3 days late
Lindsey Quintero
Lindsey Quintero
Dec 11, 2016
Report
I regret ever renting with these snakes!!! They will steal your deposit money, add bogus fees, and get into personal arguments when they are called out. Eventually after a drawn out battle they took off bogus… fees, but the charges out of my deposit are a joke! If you don't fight their made up charges, they will force them on you. smh STAY FAR AWAY from these people. Can't imagine how many nice people were taken advantage of by them.
Ivette Villarreal
Ivette Villarreal
Sep 13, 2016
Report
Renters beware! This management company charges ridiculous fees when you move out to keep the deposit, one example caulking the tub and not to mention they tried to charge 2 months rent and 2100. For decline showing fees. I do not recommend the management company to anyone.
Lauren Brown
Lauren Brown
Jul 02, 2016
Report
Wonderful management! I've been so happy here. Thank you for everything. I'm renewing and just told a friend about you.
Jeff Toby
Jeff Toby
Jul 02, 2016
Report
Super great management company... Leased from Teresa Morant and the entire process was a breeze. I recently purchased a home and the move out process was extremely easy as well. Other than 1 small hiccup with one of the other managers there Teresa then stepped in and made sure we always felt like the priority. 5 star company! 2 thumbs up!
Deborah Young Reed
Deborah Young Reed
Jun 29, 2016
Report
Terry Brooks has always been on top of whatever we call her for. She is a great employee .
The encounters that I have had with Teresa Morant have never been good and she is rude and doesn't follow through
Elias F. Dahu
Elias F. Dahu
Apr 23, 2016
Report
I believe Terry Brooks (Property manager as she claims at this company "Pegasus") lives in another world, and not in our reality universe. Worst management I have seen and encountered throughout my life. Rude, bad attitude, arrogant, sly, greedy, not God fearing, and disrespectful towards tenants. Never answers phone calls, it goes straight up to… voicemail. Anyways, she also thinks that we, tenants, are slaves. She does not even know how to calculate numbers/figures. Read below my story;
Now my issues with the apartment and the Pegasus company, is when I moved in and entered the apartment