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106 Clark St
Prairie View, TX 77445
Panther Quarters · Specialty Property For Sale · 22,200 SF

Investment Highlights

  • 100% Occupancy Student Housing Complex
  • Bank-Approved Property
  • 2 blocks from Prairie View A&M University

Executive Summary

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.

Property Facts Under Contract

Sale Type Investment
Cap Rate 5.84%
Property Type Specialty
Lot Size 1.02 AC
Building Size 22,200 SF
No. Stories 2
Year Built 2006
Parking Ratio 2.25/1,000 SF
Cross Streets Thompson
Zoning MF

Property Taxes

Property Taxes

Parcel Number
230446
Land Assessment
$33,829 CAD
Improvements Assessment
$657,971 CAD
Total Assessment
$691,800 CAD
  • Listing ID: 41527118

  • Date on Market: 2026-08-02

  • Last Updated:

  • Address: 106 Clark St, Prairie View, TX 77445

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