Done Being a Landlord? We Buy Occupied Rentals.
You signed up for passive income. You got a part-time job. Property Royals buys rental properties — with tenants in place, with deferred maintenance, with leases mid-term. You're out in 30 days. We handle everything that comes after.
- Sell with tenants in place — no evictionWe assume the lease at closing or buy out the tenant ourselves. You're not the bad guy.
- Any condition — including tenant damageHoles in walls, broken appliances, hoarder situations. We've bought all of it. Priced into the offer, no repairs from you.
- Get your capital back, walk awayOne closing. Mortgage paid off. Net proceeds wired. You're done with property management forever.
20 years of tenants, toilets, and termites. Done.
A burnt-out landlord who'd owned the property for over two decades. Constant tenant turnover, a punch list of repairs the renters kept asking for, and plumbing work he didn't want to fund. He didn't want to disrupt the tenants with a listing — and they didn't either. We coordinated the transition with the tenants, bought the property as-is, and closed the same week he handed over the keys.
“He doesn't have to worry about tenants, toilets, or termites. He's done.”
— Blake Hawkins, Founder · Property Royals
Three ways to exit a rental — only one ends the headaches today.
If the rental was passive income, you wouldn't be on this page. Here's what the realistic exit paths actually look like — costs, timing, and how much you keep.
Keep Limping Along
- Bad tenants → repairs → vacancy → bad tenants. Repeat.
- 8–10% of annual income lost to every month of vacancy
- Repairs and capex eating the margin you do collect
- Years of mental load for a 4–8% net return
Evict and List
- 21–45 days to evict in Texas, longer if contested
- $8k–$25k+ to fix tenant damage and prep for MLS
- 60–120 days on market after eviction completes
- 5–6% commission + closing costs out of net proceeds
Cash Sale
- Close in 7–30 days, occupied or vacant
- We assume the lease or buy out the tenant ourselves
- Any condition — tenant damage included in the offer
- No fees, no commissions, no repairs from you
Three steps — from offer to clean exit.
Selling an occupied rental looks complicated. It isn't — once a buyer is willing to take the tenant. We are. Here's the actual flow.
1. Cash offer
Within 24 hours. We price the property based on rent roll, lease quality, and condition. Bad tenant? It's in the math, not a deal-killer.
2. We close subject-to-lease
Lease transfers to us at closing. Security deposits transfer. Mortgage gets paid off. Tenant doesn't have to move; you don't have to evict.
3. Clean exit
Wire hits your account. Tenant becomes our problem to manage, evict, or buy out. You're done being a landlord.
What you walk away with — after the lender is paid.
If the rental has appreciated and the mortgage is mostly paid down, the cash-out is real. Slide the numbers to estimate your net after we pay off the loan and you exit.
Estimate your take-home
Drag to match your situation. Real numbers.
Rental-property exits in Houston and San Antonio.
We buy occupied rentals across both metros. Tenant laws are statewide; market rents and tenant pools differ city to city. We adjust the offer accordingly.
Houston
We buy rentals in Houston, Katy, Sugar Land, Spring, the Woodlands, Cypress, Pasadena, and Humble. Single-family, duplexes, and small multi-family — occupied or vacant.
Get a cash offer
San Antonio
Strong rental market with a heavy military tenant pool around JBSA. We understand SCRA protections and military-tenant lease provisions.
Get a cash offerCommon questions before you call
Everything that comes up when small landlords are ready to exit.
We help homeowners through every kind of life change.
Tired-landlord isn't your situation? We've handled all of these.
Sell House As-Is
Skip repairs and showings. We buy in any condition.
Learn moreAvoid Foreclosure
Auction date approaching? We close before the gavel.
Learn moreInherited Property
Probate, multiple heirs, out-of-state — we navigate it.
Learn moreSelling During Divorce
Clean cash sale before the decree finalizes.
Learn moreStop being a landlord — we'll close in weeks.
Whether the tenants are great, terrible, or somewhere in between, we'll buy the property. Tell us the address and the basics; we'll have a number in 24 hours and a closing date you choose.