711 Thompson Dr, Prairie View, TX 77484

$3,350,000
: 48
BD

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List Price: $3,350,000
Status: ACTIVE
MLS#: 21346023
Subtype: ResidentialIncome
Construction Status: Preowned
Year Built: 2006
Bedrooms: 48
Lot Size: 43,560
Acres: 1
Subdivision: Panther Quarters Sub
Building Name: Panther Quarters

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Property Description

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.

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