About This Home

This 48-bedroom, 0-bathroom multi-family at 711 Thompson Drive in Prairie View, TX is listed for $3,350,000. Built in 2006, on a 1.00 acres lot.

Key Features

  • Built in 2006
  • 1.00 acre lot
  • 2 stories
  • 50 parking spaces

Property Details

2 stories
50 spaces
2006

Amenities

A/C
Listing 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.

Monthly Cost Estimate

$17,917/mo

20% down · 6.5% · 30 years

Principal$2,423
Interest$14,517
Insurance$977

Estimates only. Actual payments may vary.

Location

711 Thompson Drive

Prairie View, TX 77484

Panther Quarters Sub

Features & Amenities

Interior Features

CableTv

Property Details

Flooring

LaminateTile

Construction

Brick

Heating

Electric (Heating)

Cooling

Electric

Appliances

DishwasherElectricOvenElectricRangeElectricWaterHeater

Questions & Answers

This 48-bedroom, 0-bathroom multi-family at 711 Thompson Drive is listed at $3,350,000. The estimated monthly payment is $17,916 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2006, 1.00 acre lot, 2 stories, 50 parking spaces. Interior Features: CableTv.

This property is listed by Marcus Nelson and can be reached at (972) 372-0590.

MN

Marcus Nelson

Agent at United Real Estate

(972) 372-0590

Listed by United Real Estate · Broker phone: (972) 372-0590 · View on Broker Site

MLS# 21346023· Source: North Texas Real Estate Information Systems, Inc.· 45 days on PropertySimple

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

711 Thompson Drive, Prairie View, TX 77484

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