Student housing near Texas universities is one of the most recession-resistant commercial real estate niches available. College enrollment doesn’t stop during downturns, parents co-sign leases, and universities keep growing. If you own or want to acquire student housing near a Texas university, Commercial Loans of Texas has been funding near-campus multifamily loans since 1998.
Texas University Markets We Finance
- University of Texas — Austin — One of the largest universities in the country. The West Campus and North Campus neighborhoods have extremely tight vacancy and premium rents.
- Texas A&M — College Station — Enrollment over 70,000. Near-campus demand exceeds supply, especially for newer, amenity-rich properties.
- University of Houston — Houston — Growing enrollment drives consistent demand in the University District neighborhoods.
- Texas Tech — Lubbock — Strong student housing market with relatively affordable property values and high yields.
- University of North Texas — Denton — Large enrollment with consistent off-campus housing demand.
- Baylor University — Waco — Growing enrollment and limited supply create strong fundamentals.
- TCU, UTA, SMU — DFW — Multiple universities driving diverse student housing demand across the metroplex.
Student Housing Loan Programs
- DSCR Student Housing Loans — Qualify on the property’s rental income. By-the-bed leasing and per-unit leasing both qualify. No personal income docs required.
- Hard Money Student Housing Loans — Fast acquisitions for value-add near-campus properties. Up to 65–70% LTV. No income verification. Close in 5–10 days.
- Bridge Loans — Acquiring a property between semesters with lower occupancy? Bridge financing covers the acquisition and carry until full occupancy returns.
- Stated Income Multifamily Loans — Investors with complex ownership structures or multiple properties.
- Construction Loans — Ground-up student housing development near Texas universities. We fund site acquisition, construction, and carry through certificate of occupancy.
Student Housing Underwriting Considerations
Student housing operates differently from conventional multifamily. Leases often run August to July (academic calendar), occupancy can dip in summer, and by-the-bed leasing produces higher revenue per square foot but requires more management intensity. We understand these dynamics and underwrite accordingly — we don’t penalize summer occupancy dips when the academic-year occupancy is strong.
Get a Student Housing Loan Quote in Texas
Tell us about the property: location, unit count, bedroom count, current rents, and occupancy history. Call 877-895-3634 or apply online. No upfront fees. Direct lender since 1998.