Real Estate Development Company Based in Waco, Texas

Your Trusted Partner for Land Acquisition, Development, and Delivery

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Local Expertise That Moves Projects Forward

We work with investors and capital partners to identify high-potential properties and bring them to life through disciplined development and local expertise. 

Backed by over 80 years of operating experience in Central Texas, we bring clarity, structure, and long-term value to every project. 

Our focus is on strategic growth, practical execution, and outcomes that stand the test of time.

How We Create Value

At JMB Developments, we deliver focused services that take projects from opportunity to outcome.
Each stage is guided by local insight, clear process, and measurable results.

Real Estate Acquisition

We identify undervalued or underutilized properties with strong long-term potential, including commercial real estate in Waco and other growing Texas markets. Each opportunity is vetted through rigorous site analysis, local insight, and clear investment criteria.

Land Development

From raw land to shovel-ready sites, we manage entitlement, permitting, and pre-construction coordination with precision. As an experienced land developer in Texas, we focus on minimizing delays and aligning each project with local growth trends.

Commercial Real Estate Development

We plan and deliver commercial projects that meet market demand and investor objectives. Our process balances design, cost control, and schedule management to ensure viable outcomes from concept through delivery.

Strategic Partnerships

We work with investors, private equity groups, and financial partners to structure deals that support shared success. Every partnership is grounded in transparency, clear roles, and disciplined execution.

Partnership That Performs

JMB Developments builds investor partnerships on alignment, transparency, and shared goals.

Our team brings local insight, disciplined planning, and clear communication to every stage of the deal. 

From the first conversation to final delivery, we operate with accountability and focus on protecting your investment.

The Face of Family-Owned Real Estate Development

JMB Developments is a continuation of a proud family legacy that dates back to the 1930s, when Jack and Margaret Johnson first began building their reputation in construction and local business.

What started as a humble grocery and construction business in Waco has evolved into Johnson Roofing—one of the largest roofing businesses and trusted names across Texas under the leadership of Bill Johnson.

Today, under the leadership and dreams of Sherri Johnson McDonald, the family’s entrepreneurial spirit is expanding into new territory, focusing on residential and commercial development across Central Texas.

Rooted in Central Texas.
Focused on What’s Next. 

From ranching and construction to commercial roofing and development, our roots in McLennan County run deep.

JMB Developments brings decades of construction expertise to every project, from custom homes to commercial properties.

Sherri Johnson McDonald and her daughter, Brittani Johnson Marshall, are shaping the next chapter of the family business with a continued focus on quality, integrity, and innovation.

Together, this mother and daughter team leads with faith, vision, and a passion for excellence—preserving their heritage while building for the future.

Grounded in values and driven by purpose, JMB Developments is more than a name. It’s a multigenerational commitment to growth, service, and lasting impact.

Let’s Get to Work

When you choose JMB Developments, you gain a partner committed to clarity, accountability, and long-term value. 

We work with investors who are ready to move with purpose and build with confidence.

Let’s talk about what’s possible.