$789,000
PENDING

2003 Phillips St Prairie View, TX 77445

Estimated payment $5,372/month

Total Views 1,384
-- Bed
-- Bath
7,844 Sq Ft
$101 Price per Sq Ft

Highlights

  • 17,877 Sq Ft lot
  • Central Heating and Cooling System
  • Laundry Facilities
  • Balcony
  • Ceiling Fan
  • Partially Fenced Property

About This Home

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!

Listing Agent

Sharon Booth-Smith

Texas Premier Realty License #0585073 Listed on: 03/16/2025

Texas Premier Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,216

Year Built

  • Built in 2002

Lot Details

  • 0.41 Acre Lot
  • Partially Fenced Property
  • Cleared Lot

Parking

  • Paved Parking

Home Design

  • Composition Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 7,844 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Schools

  • H T Jones Elementary School
  • Schultz Junior High School
  • Waller High School

Additional Features

  • Balcony
  • Central Heating and Cooling System

Community Details

Overview

  • 12 Units
  • A312400 Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,216

Year Built

Built in 2002

Lot Details

0

Listing Details

  • 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.
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 2002
  • Subdivision Name: A312400
  • Unit Levels: Two
  • New Construction: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Refrigerator
  • Interior Amenities: Balcony, Ceiling Fan(s)
  • Living Area: 7844.0

Exterior Features

  • Disclosures: Seller Disclosure
  • Roof: Composition
  • Fencing: Partial
  • Lot Features: Cleared
  • Construction Type: Vinyl Siding, Wood Siding

Garage/Parking

  • Parking Features: Paved

Utilities

  • Utilities: Electricity Available, Water Available
  • Laundry Features: Common Area
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Schools

  • Elementary School: H T JONES ELEMENTARY SCHOOL
  • Junior High Dist: 55 - Waller
  • High School: WALLER HIGH SCHOOL
  • Middle Or Junior School: SCHULTZ JUNIOR HIGH SCHOOL

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 14216.0

Multi Family

  • Number Of Units Total: 12

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2025 06/09/25 Pending -- -- --
03/16/2025 03/16/25 For Sale $789,000 0.0% $101 / Sq Ft
12/09/2024 12/09/24 For Rent $800 0.0% --
08/24/2024 08/24/24 Rented $800 0.0% --
08/21/2024 08/21/24 Under Contract -- -- --
08/08/2024 08/08/24 For Rent $800 -- --
Source: Houston Association of REALTORS®

Source: Houston Association of REALTORS®

MLS Number: 96127154

Houston Association of REALTORS®

APN: 9966