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
Amenities
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
Estimates only. Actual payments may vary.
Location
711 Thompson Drive
Prairie View, TX 77484
Panther Quarters Sub
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Heating
Cooling
Appliances
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.


