$250,000
- 5 Beds
- 3 Baths
- 2,048 Sq Ft
20661 Cochran Rd, Hempstead, TX 77445
Sharon Booth-Smith Texas Premier Realty
$250,000
20661 Cochran Rd, Hempstead, TX 77445
Sharon Booth-Smith Texas Premier Realty
$580,000
511 Dahila St, Prairie View, TX 77484
Lily Nguyen The Vincere Group LLC
$175,000
147 Echols St, Prairie View, TX 77445
Sherri Echols eXp Realty, LLC
Prairie View, Texas, located 50 miles from Houston, is a rural suburb in Waller County known for its agricultural roots and educational significance. The city has grown by nearly 5% since 2020, with a population of over 8,000 as of 2024. Prairie View A&M University, a historically Black college founded in 1876, remains a central part of the community, providing employment and contributing significantly to the local economy. The area is experiencing a surge in new housing developments, particularly around Highway 290, with spacious lots and opportunities for custom-built homes. Traffic is minimal until reaching Houston city limits, making commutes relatively smooth. While Prairie View has limited dining and shopping options, nearby towns like Hockley and Hempstead offer more choices, and larger shopping destinations like Houston Premium Outlets in Cypress are about 15 miles away. The city hosts the Waller County Fair and Rodeo, a local tradition since 1945, featuring rodeo events, livestock auctions, and carnival rides. Prairie View's parks include Tapscott Public Park with playgrounds and a fountain, and Student Park for quiet picnics. The Prairie View Cricket Complex offers six fields for local athletes. The weather is hot for nearly four months and cool for less than three, with occasional extreme weather events like hurricanes.
On average, homes in Prairie View, TX sell after 67 days on the market compared to the national average of 70 days. The median sale price for homes in Prairie View, TX over the last 12 months is $274,499, down 40% from the median home sale price over the previous 12 months.
In Prairie View, there are currently 3 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $175,000 to $580,000, there's a range to accomodate every budget. As of August, 2025 the median home price in Prairie View is $358,682, while the average sale price is $261,900, offering insights into the local housing market. On average, multi-family homes spend 67 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Prairie View, TX.