Courtesy: United Real Estate Frisco
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.
Courtesy: Coldwell Banker Properties
936-931-3011
Rental square footage is 5400 SqFt. Current rent roll is $6,500.00 monthly. Laundry and utility income is $1,000.00 monthly on average. Annual income on average is $ 90,000.00. Exceptional income-producing property located just minutes from Highway 290 in rapidly growing Prairie View. This four-unit property offers immediate cash flow with strong rental demand driven by nearby Prairie View A&M University and continued area development. Each unit is well-positioned for consistent occupancy. Ideal workforce rentals, or long-term tenants. Additional SqFt upstairs. Strategically located near US-290, offering quick access to Houston while still benefiting from the quieter, high-demand rental market of Prairie View. Property Highlights: • 4 income-producing units possible expansion of two more. • Gross income $7,500 monthly which includes utilities • Close to Prairie View A&M University • Easy access to Highway 290
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Prairie View is located in Texas. Prairie View, Texas has a population of 6,464. Prairie View is less family-centric than the surrounding county with 26.42% of the households containing married families with children. The county average for households married with children is 33.48%.
The median household income in Prairie View, Texas is $16,914. The median household income for the surrounding county is $65,379 compared to the national median of $69,021. The median age of people living in Prairie View is 20.5 years.
The average high temperature in July is 94 degrees, with an average low temperature in January of 38.9 degrees. The average rainfall is approximately 43.3 inches per year, with 0 inches of snow per year.
