2003 Phillips Street
Prairie View, TX 77445
- – beds
- – baths
- 7,844 sqft
- ~1/2 acre lot
- $100 per sqft
- 2002 build
- – on site
Prime 12-Unit Apartment Complex – Investor’s Dream! Seize this incredible investment opportunity in the heart of Prairie View! This 12-unit multifamily complex, featuring all 2-bedroom, 1-bath units, is perfectly situated directly across from Prairie View A&M University, which boasts an enrollment of approximately 10,000 students. With a steady demand for off-campus housing, this property offers strong rental potential and a fantastic return on investment. Priced to sell with new roof and is offered AS-IS, with no repairs—making it a perfect value-add opportunity for savvy investors. Take advantage of the high-demand rental market in this prime location. Don't miss out—this one won’t last long!
Last checked:
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Last updated Mar 24, 2025
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MLS# 96127154 —
This property is listed in more than one place. See it here.
The Building
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Year Built:2002
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Year Built Source:Appraisal District
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New Construction:No
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Roof:Composition
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Stories:2
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Siding:Vinyl, Wood
Financial & Terms
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Finance Available:Cash Sale, Conventional, Investor
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Price SqFt List:$100.59
Location
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Directions:From Hwy 290 West, take Prairie View exit and make a right. Continue to stop light and make a left then make another left onto Phillips street across from the Post Office and continue to the Apartments on your right.
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Latitude:30.086892
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Longitude:-95.993614
The Property
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Property Type:Multi-Family
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Property Subtype:5 Plus
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Section Number:S-4
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Parcel Number:312400-003-001-100
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Acres Description:1/4 up to 1/2 Acres
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Lot Description:Cleared
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Lot Size:17,877 Sqft
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Lot Size Source:Appraisal District
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Lot Price SqFt List:44.13
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Total SqFt:7,844 Sqft
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SqFt Source:Appraisal District
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Description:Split Plan
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Miscellaneous Features:Central Laundry
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Area:26
Listing Agent
- Contact info:
- Agent phone:
- (281) 883-9887
- Office phone:
- (210) 844-8683
Taxes
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Tax Year:2024
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Tax Rate:$2.43
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Tax Amount:$14,216
The Listing
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Status:Active
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Disclosures:Sellers Disclosure
Heating & Cooling
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Heat System:Central Electric
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Cool System:Central Electric
Utilities
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Utilities:Electric, Water
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Energy:Ceiling Fans
Appliances
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Range:1
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Refrigerator:1
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Dishwasher:No
Schools
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Elementary:H T JONES ELEMENTARY SCHOOL
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Middle School:SCHULTZ JUNIOR HIGH SCHOOL
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High School:WALLER HIGH SCHOOL
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School District:55 - Waller
The Community
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Subdivision:A312400
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Active Community 55:No
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Restrictions:Zoning
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Management Company:No
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Maintenance Fee:No
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Other Fees:No
Parking
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Parking Description:Paved Area
Extra Units
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Total Units:12
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Unit Count:1
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Unit Features:Balcony, Fenced Area
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).