Business Details
36 Years
experience
Your Trusted Real Estate Partner in Waco, TX
Established in 1990, Bluebonnet Properties has built a reputation for excellence in residential real estate sales and property management in Waco, Texas. Our team of dedicated professionals brings over 25 years of experience to the table, combining expertise in both rental management and real estate transactions. We specialize in comprehensive property management services, including tenant screening, lease agreements, rent collection, and property maintenance coordination. As a trusted member of the Waco Association of Realtors, Texas Association of Realtors, and National Association of Realtors, we maintain the highest industry standards. Accredited by the Better Business Bureau, we emphasize transparency and integrity in all client interactions.Our commitment to personalized service ensures property owners receive detailed monthly statements with payment records and expense documentation. For buyers and sellers, we offer expert market analysis and transaction support. With a proven track record of transforming properties into reliable income sources, we pride ourselves on developing long-term client relationships built on trust and results-driven service. Our streamlined communication systems allow for digital statement delivery and automated payment processing, adapting to modern client needs while maintaining traditional values of professionalism.
Services
Property Management
Residential Sales
Tenant Screening
Lease Agreements
Rent Collection
Property Maintenance
Market Analysis
Real Estate Sales
Digital Statements
Payment Processing
Details
- Year established: 1990
Highlights and features
- We've specialized in Waco real estate for over 30 years with dedicated sales and management expertise.
- Our team handles complete property lifecycle from tenant screening to rent collection.
- We maintain industry-leading standards through Waco Association of Realtors membership.
- Transparent processes include detailed monthly statements with expense documentation.
- Digital convenience combines with traditional real estate professionalism and integrity.
Associations and certifications
- Better Business Bureau
Services
Property Management
We provide comprehensive property management services including tenant screening, lease administration, rent collection, and maintenance coordination. Our experience managing over 100 rental units ensures property owners receive reliable income with minimal hassle while maintaining property value through proactive maintenance programs.
Residential Sales
Our residential real estate sales team offers expert market analysis, property marketing, and transaction management. With access to multiple listing services and 30 years of local market expertise, we help sellers maximize returns while providing buyers with comprehensive property evaluations and negotiation support.
Tenant Screening
We implement rigorous tenant screening processes including credit checks, criminal background investigations, and rental history verification. This comprehensive approach minimizes risk for property owners while maintaining fair housing compliance, ensuring quality tenants who maintain properties and pay rent consistently.
Lease Agreements
Our standard lease agreements incorporate Waco Association of Realtors forms with customizable clauses to protect owner interests. We handle contract execution, renewal processes, and ensure compliance with Texas landlord-tenant regulations through documented move-in/move-out inspections and condition reports.
Rent Collection
We manage automated rent collection systems with electronic payment options and late fee structures. Our accounting processes provide property owners with detailed monthly statements showing collected rents, incurred expenses, and net payments distributed via direct deposit or mailed checks.
People
Michael (Mickey) Lavy
Broker/Owner
Michael Lavy, Broker/Owner since 1990, brings over 30 years of real estate expertise to Bluebonnet Properties. Licensed since 1990 (License #0274617), he has transformed the business into a trusted local real estate authority while maintaining BBB accreditation.
Questions
What real estate services does Bluebonnet Properties offer?
We provide residential real estate sales and comprehensive property management services including tenant screening, lease agreements, rent collection, and maintenance coordination for properties in Waco and surrounding areas.
What areas do you serve?
We specialize in real estate services throughout Waco, TX, including Robinson, China Spring, and Woodway areas for both property management and sales.
Can you help with rental property investments?
We help property owners maximize rental income through professional management services that handle tenant relations, maintenance, and financial reporting to transform properties into reliable income sources.
Do you offer digital account management?
Yes, we provide digital statements and direct deposit options for property owners, with electronic record delivery and automated payment processing available for client convenience.
How are maintenance requests handled?
We coordinate all property maintenance through pre-approved vendors, handling emergency repairs and scheduled maintenance while providing owners with detailed expense documentation and cost approvals.
Reviews (6)
Barbara Muniz Fernandez
Jan 06, 2022
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Ok people I guess not super friendly but I was just calling for info on their availability on rentals
Alice Spencer
May 31, 2021
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After months of looking for a place to call home in Waco, I found Bluebonnet Properties (it was actually a last ditch effort - just searched for property management and started calling.) Within a few minutes of leaving a message - I got a call from Mickey. He listened to what I was looking for, discussed timeline and price range, and worked with me to find a fit.
Mickey is amazing, he worked with me from Kansas and helped find us the perfect rental. The flexibility and follow-thru has been amazing. As with any move, a few MINOR hick-ups moving in due to the late move-out of the prior owner/tenant
Mickey is amazing, he worked with me from Kansas and helped find us the perfect rental. The flexibility and follow-thru has been amazing. As with any move, a few MINOR hick-ups moving in due to the late move-out of the prior owner/tenant
Matt S.
May 03, 2021
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When you think of integrity in a rental company and a person this is not Bluebonnet. When my wife spoke with Mickey on Friday regarding a unit he told her he would be keep his eyes open for our application which we had turned in and filled out on Saturday. My wife patiently waited for their call on Monday, when she heard nothing she reached out in the middle of the day and he had leased the property in question on a Sunday he said, which last I checked they are closed on the weekends.
Becca Kinerd
Feb 16, 2021
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Positive:Professionalism,Quality,Responsiveness,Value
Mickey and both of the girls in the office are so sweet and a pleasure to work with. They have gone out of their way to take care of us.
Mickey and both of the girls in the office are so sweet and a pleasure to work with. They have gone out of their way to take care of us.
Mr. Campbell
Jan 31, 2021
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Positive:Professionalism,Quality,Responsiveness
They are a pretty good rental management team. Crews come regularly to provide/change the A/C filter, which is nice. They are quick to respond to problems. My only complaint about them is that you have to request a notice to vacate form, which they then mail. So it takes at least a week to give move-out notice, which is absurd IMHO.
They are a pretty good rental management team. Crews come regularly to provide/change the A/C filter, which is nice. They are quick to respond to problems. My only complaint about them is that you have to request a notice to vacate form, which they then mail. So it takes at least a week to give move-out notice, which is absurd IMHO.
Heather Hett
Aug 23, 2017
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When we moved out of state they managed our home for us for 9 years. They did repairs and generally helped us to get and keep good renters. Their availability by phone and text is excellent.
