711 Thompson Drive Prairie View, TX $ 3,350,000
711 Thompson Drive
$ 3,350,000
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711 Thompson Drive

Prairie View, TX, 77484
$ 3,350,000
Bedrooms48 Baths12.0

Monthly Estimate*

$ 21,152

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Multi-Family Home for sale in Prairie View, TX

for $3,350,000 with 48 bedrooms and 12 full baths. This home was built in 2006 on a lot size of 1.

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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Multi-Family Active

Price

$ 3,350,000

Bedrooms

48

Full Bath

12

Property Type

Multi-Family

Taxes

$ 12,246

Style

Apartment

Lot Size

1

Year Built

2006

Town/City

Prairie View

County/Region

Waller

MLS | Web ID

21346023

Features
Interior
Interior Features Cable TV Available
Flooring Ceramic Tile Laminate
Occupancy Rate 100
Total Units 12
Total Bedrooms 48
Total Baths 0
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General
Heating Electric
Complex Name Panther Quarters
Cooling Electric
Utilities Asphalt
Possession Closing/Funding
Roof Composition
Appliances Dishwasher Electric Oven Electric Range Electric Water Heater
School District Waller ISD
Pool Y/N 0
Year Built 2006
Levels Two
Property Subtype Apartment
Subdivision Name Panther Quarters Sub
Occupant Type Tenant
County Waller
Property Type Residential Income
Construction Materials Brick
Year Built Details Preowned
HOA Type None
# of Buildings 6
Status Active
Directions From Houston via U.S. Highway 290 From Houston travel northwest on US Highway 290 approximately 50 mi toward Prairie View. Take the University Drive FM 1098 exit. Turn left on L.W. Minor Stt then
City Prairie View
Elementary School Name Jones
High School Waller
Elementary School Jones
Standard Status Active
Listing Terms Cash Conventional
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Exterior
Waterfront 0
Parking Features Asphalt
Foundation Slab
Building Area Total 5624.00
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Internal Only
Street Number 1 711
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* Excluded Features
List By
Marcus Nelson

Listing Agent

United Real Estate Frisco

Broker

Affordability Calculator

$22,173
Per Month
95%
5%
0%
Monthly Principal & Interest
$21,152
Monthly Property Taxes
$1,021
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5531671 Elementary School
5460761 Middle School
Pricing History
DatePricePrice ChangeDescription
8/2/2026$3,350,000 Listed Price

Map


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711 Thompson Drive, Prairie View, TX, 77484 is a Multi-Family Home for sale at $3,350,000 with a lot size of 1. 711 Thompson Drive has 48 bedrooms, 12.0 baths, and was built in 2006. The property's zip code is 77484 which is in Prairie View, TX