Skip to the guide
GROUNDWORK.
MenuMore

Who owns West Campus student housing?

UT owns 2400 Nueces, while American Campus Communities, part of Blackstone, owns Callaway and 26 West. What you sign matters more to your budget: the nine-month 2400 Nueces example costs $2,703 less than its 12-month option.

Compare total housing cost
In this guide

These six buildings show why you should compare the full lease, included services and exit terms before judging a price by the monthly rent.

What will I pay for the whole lease?

In this study’s prices, the 2400 Nueces 4×4 costs $1,141 per payment for 12 payments or $1,221 for nine. Including the $100 application fee, the totals are $13,792 and $11,089.

If you only need nine months, the longer agreement needs at least $2,703 of summer use or money from a replacement renter to make up the difference. Don’t count a hoped-for replacement before the landlord approves the arrangement. Use the same full total when you compare other West Campus apartments, because a lower monthly rate on a longer lease can still cost you more.

The full agreement, including the example’s fees

Scroll the table to compare every column.

RoomRent per paymentPaymentsTotal
2400 Nueces 4×4, 12-month option$1,14112$13,792
2400 Nueces 4×4, nine-month option$1,2219$11,089
Callaway private-dorm example$1,95910$19,590
College Houses private-room example$9559$8,595

These are the study’s older prices. Callaway includes meals and services; the products aren’t identical.

Who owns these six buildings?

The owner and the leasing brand can be different. Keep the company named in your agreement and the manager’s repair and payment contacts.

Owners and managers at the study’s cutoff

Scroll the table to compare every column.

BuildingOwner or sponsorManager or operator
2400 NuecesUT System Board of RegentsUT Housing and Dining
CallawayAmerican Campus Communities / BlackstoneAmerican Campus Communities
26 WestAmerican Campus Communities / BlackstoneAmerican Campus Communities
WaterlooGlobal Student AccommodationYugo Austin Waterloo
The StandardLandmark PropertiesLandmark Properties
SkyLoftNP Skyloft, DST in the 2019 financing; current control not confirmedSkyLoft brand

Does higher rent mean more profit?

Not necessarily. Callaway’s price includes food, housekeeping and other services that cost money to provide. In the example calculations, about 46% of revenue remains after running the property, compared with about 58%–62% at the other five buildings.

That remainder still has to cover financing and other owner costs. Rent alone doesn’t tell you how much the owner earns.

Who should I contact about SkyLoft?

The 2019 documents name NP Skyloft, DST, but the current owner isn’t confirmed here. Use the manager named in your agreement for rent and repairs, and ask who is responsible if that changes.

Is 2400 Nueces a UT property?

Yes. UT bought it in 2018. Its eligibility rules and nine- and 12-month agreements differ from a private tower’s lease, so compare the option you can rent.

New buildings and new available places are different totals

The named 2023–2025 private projects in the new study add up to 6,456 gross beds. The next university wave includes Whitis’s 1,055 beds for 2027–28 and 340 Law School Village beds targeted to law students for 2028–29.

Dobie will be unavailable in 2027–28, while its historical physical-bed count and rounded current student capacity differ. The construction and closure investigation keeps that loss alongside the new starts. An ownership transfer changes the owner of existing beds.

Current UT Whitis construction advisory · Checked November 2, 2026.

Does the same owner mean the same deal?

Callaway and 26 West share an owner, but Callaway bundles food and other services. Compare the room, full agreement and included services at each building.

Should I rush because a building is preleasing?

Preleasing means signing before you need the room. It gives the building future rent commitments, but it doesn’t make your particular offer a good fit.

Compare the total and cancellation rules now. Once signed, a lease can be hard to exit even if another building later advertises a discount.

What if the building changes hands?

Keep the signed agreement and written payment instructions. If management changes, confirm the authorized rent recipient and repair contact before changing where you send money.

Am I responsible for the building’s empty rooms?

You and your guarantor are responsible for the obligations in your signed agreement, not every unleased bed in the building. Check whether you have an individual lease or share responsibility for the whole apartment with roommates.

A landlord’s financing problem doesn’t automatically cancel your agreement. Get qualified advice about your own terms before withholding rent or planning an early exit.

The questions to settle before signing

Get the exact room, the full cost, the payment dates and the exit process in writing. Choose a place you can afford for the whole agreement, including the months you won’t be in Austin.

Questions

Does expensive rent prove the owner earns a huge return?

No. Services, operating costs, the price paid for the building and financing all change what the owner keeps.

Why compare nine and 12 months?

A lower monthly price can still cost more if you make three extra payments. In the 2400 Nueces example, the nine-month total is $2,703 lower.

A shared owner produced three rent paths

Before Blackstone acquired ACC in 2022, its filings showed different 2014–2021 base-revenue paths per occupied bed: 26 West rose 24.6%, The Block fell 1.5%, and Texan & Vintage rose 23.1%. These financial figures include the occupied-room and contract mix.

The rent history compares the underlying offers and property finances. The Austin apartment ownership investigation explains how public financing programs calculate benefits and how those differ from a household’s discount.

Research cutoff October 30, 2026.

How we got this

This six-property study uses the original July cutoff, historical purchase and financing documents, advertised prices and clearly stated example costs. It isn’t a current price or availability list. The complete original calculations and figures remain in the supporting files.

Current property-level debt and realized investor returns aren’t known for most buildings. Example returns and refinancing tests should not be treated as actual owner earnings.

Sources and dates
  1. SkyLoft UBS 2019-C16 collateral term sheet — SEC
  2. Fitch surveillance for UBS 2019-C16
  3. 2400 Nueces rates — UT University Housing and Dining
  4. UT System Board of Regents meeting minutes — July 11, 2018
  5. Waterloo development case study — LV Collective
  6. Waterloo acquisition report — REBusinessOnline
  7. The Standard recapitalization — TSB Capital Advisors
  8. American Campus Communities 2021 Form 10-K — SEC
  9. 26 West property and current pricing — American Campus Communities
  10. University Neighborhood Overlay Program — City of Austin
  11. American Campus Communities 2021 Annual Report, student-housing leasing risk2021 fiscal year · 2026-10-25
  12. UT University Housing and Dining — 2400 Nueces application process and $100 fee2026-10-26
Downloads and calculations