About 711 Thompson Drive
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.
Features of 711 Thompson Drive
| MLS® # | 21346023 |
|---|---|
| Price | $3,350,000 |
| Bedrooms | 48 |
| Bathrooms | 0.00 |
| Acres | 1.00 |
| Year Built | 2006 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Status | Active |
Community Information
| Address | 711 Thompson Drive |
|---|---|
| Subdivision | Panther Quarters Sub |
| City | Prairie View |
| County | Waller |
| State | TX |
| Zip Code | 77484 |
Amenities
| Utilities | Asphalt |
|---|---|
| Parking Spaces | 50 |
| Garages | Asphalt |
| Is Waterfront | No |
| Pool On Property | No |
Interior
| Interior Features | Cable TV Available |
|---|---|
| Heating | Electric |
| Fireplace | No |
Exterior
| Roof | Composition |
|---|---|
| Construction | Brick |
| Foundation | Slab |
School Information
| District | Waller ISD |
|---|---|
| Elementary | Jones |
| Middle | Schultz |
| High | Waller |
Additional Information
| Flooring | Ceramic Tile, Laminate |
|---|---|
| Net Income | $195,697 |
| Building Sqft | 5,624 |
| # Units | 12 |
Listing Details
| Agent | Marcus Nelson |
|---|---|
| Office | United Real Estate Frisco |
| Contact Info | 214-315-0440 |
