711 Thompson Drive, Prairie View, Texas, 77484

Listed by United Real Estate Frisco, Marcus Nelson, 214-315-0440
$2,900,000
5,624 Sqft
1.00 Acres
48 bd
0 ba
#21346023
Panther Quarters is a purpose-built student housing community located just two blocks from Prairie View A&M University in Prairie View, Texas. Built in 2006, the property consists of twelve 4-bedroom,4-bath apartment homes (48 beds) across six two-story residential buildings on approximately 1.02 acres. The property utilizes a lease-by-the-bedroom operating model designed specifically for student housing, with spacious floor plans featuring private bedrooms and bathrooms, shared living areas, granite countertops, fully equipped kitchens, in-unit washers and dryers, individually controlled HVAC systems, and individually metered electricity. Residents enjoy convenient access to campus while remaining connected to the Houston metropolitan area via U.S. Highway 290. Panther Quarters has been professionally maintained and offers investors an opportunity to acquire a stabilized student housing asset serving one of Texas' premier public universities. Continued university enrollment, limited on-campus housing, and strong demand for off-campus accommodations support the property's long-term investment appeal. Additional due diligence materials, including financial information, surveys, and property documentation, are available upon request.

PROPERTY FEATURES

  • 12 Unit(s)
  • Utilities : Asphalt
  • Parking Features: Asphalt
  • 50 Parking Space(s)
  • Security Features : Smoke Detector(s)
  • Lot Features : Composition
  • Cooling: Electric
  • Heating : Electric
  • Construction Materials: Brick
  • Foundation Details: Slab
  • Interior Features: Cable TV Available
  • Appliances : Dishwasher,Electric Oven,Electric Range,Electric Water Heater
  • Flooring : Ceramic Tile,Laminate
  • Levels : Two
  • Green Verification Count : 0
  • Title Company Preferred: Almo Title, Jazmene Smith
PROPERTY DETAILS
ID: 21346023
Status: Active
Price: $2,900,000
Acres: 1.00 Acres
Price Per Acre: $2,900,000
Type: Condo/ Townhome/ Apartment
Address: 711 Thompson Drive
City, State: Prairie View, Texas
County: Waller
Zip Code: 77484
Lat/Long: 30.087189, -95.987685
Presented By: Marcus Nelson
Phone: 214-315-0440
Email: Click to Contact