UT Austin Student Housing Development

98 Units (175 Beds) – West Campus Austin, TX

UT Austin Student Housing Development

98 Units (175 Beds)

West Campus Austin, TX

A shovel-ready development opportunity at University of Texas in Austin one of the nation’s

top student housing markets.

10%

Preferred Return*

26 - 29%

Estimated Investor IRR*

2.0 - 2.2x

Estimated Investor Multiple*

24 - 36 Mo

Estimated Hold Period*

Project Summary

The West Campus Student Housing Development is a 192-bed infill project near UT Austin, designed to meet the city’s persistent student housing shortage. Acquired below market with fully designed plans and permits, the project benefits from modular construction, enabling faster delivery, lower risk, and reduced costs.

Located less than a mile from campus and surrounded by Greek housing, the community is positioned to capture premium rents in one of the nation’s strongest student housing markets. With conservative underwriting, a targeted delivery before the Fall 2026 school year, and exit at stabilization, investors gain exposure to a shovel-ready opportunity with strong demand drivers and limited future competition.

Project Details
Address
1008 W 25 1/2 St, Austin, TX
Total Units
98 Units (175 Beds)
Rent Per Bed
$1,537 Per Month
Average Unit Size
749 SF
Sponsor
214 West Forty LLC
General Contractor
TatumTek Construction
Total Project Costs
$28,425,000
Equity Needed
$5,400,000
Minimum Investment
$100,000
Loan to Cost
75%
Investment Period
24–36 Months
Sales Cap Rate
6.00%

Location Map

1008 W 25th 1/2 St, Austin, TX 78705, USA
1008 W 25th 1/2 St, Austin, TX 78705, USA

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