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Student Housing Apartment Buildings
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For Sale
$3,350,000

711 Thompson Drive, Prairie View, TX 77484

Student-oriented apartment layouts feature private bedrooms, in-unit laundry, and shared living areas.

Property SizeContact for details
Lot Size1.02 Acres
Days on Market6

Property Features for 711 Thompson Drive

General Information

Standard status Active
Lot size 1.02 Acres
Property subtype Apartment

Units

Unit Mix 12 x 4BR/4BA
Multifamily Units 12

Additional Details

Highway Access Yes

Amenities

private bedrooms and bathrooms
shared living areas
granite countertops
fully equipped kitchens
in-unit washers and dryers
individually controlled HVAC systems
individually metered electricity

Building Details

Year Built 2006
Buildings 6
Stories 2
Listing Agency: United Real Estate Frisco
Listed By: Rene Jensen · License #0581891
Source: Lonestarluxuryrealty
Added: Aug 4 Changed: Aug 8 Last Checked: Aug 8 at 9:32AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of United Real Estate Frisco

Investment Insights

Based on property information with market context.

Panther Quarters is a student housing community at 711 Thompson Drive in Prairie View, Texas. Constructed in 2006, the property includes twelve four-bedroom, four-bath apartment homes with 48 beds across six two-story residential buildings on approximately 1.02 acres. The lease-by-the-bedroom format is supported by private bedrooms and bathrooms, shared living areas, granite countertops, fully equipped kitchens, in-unit washers and dryers, individually controlled HVAC, and individually metered electricity.

The community is located two blocks from Prairie View A&M University, providing direct access to campus. U.S. Highway 290 connects the property with the broader Houston metropolitan area. Professional maintenance and a configuration designed specifically for student occupancy further define the asset.

Key Highlights

  • Twelve 4‑bedroom, 4‑bath apartment homes totaling 48 beds
  • Six two‑story residential buildings on approximately 1.02 acres
  • Located two blocks from Prairie View A&M University

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply Barber Shop Hair Salon Nail Salon Gym & Fitness Center Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

142
Businesses Nearby

Demographics for 77484, TX

13,449
Population
5,180
Households
2.6
Avg Household Size
39
Median Age
25%
College-Educated
84%
High-School Grad
151.0 sq mi
ZIP Area
89
Density / Sq Mi
$71,446
Median Household Income
$35,091
Median Earnings
$1,075
Median Rent
$243,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Student-oriented apartment layouts feature private bedrooms, in-unit laundry, and shared living areas.
Where is this apartment building located?
The property is located at 711 Thompson Drive Prairie View, TX.
What is the asking price?
The asking price for this property is $3,350,000.
What are key features of this property?
This property features: Twelve 4‑bedroom, 4‑bath apartment homes totaling 48 beds; Six two‑story residential buildings on approximately 1.02 acres; Located two blocks from Prairie View A&M University
More about this property
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