Fully renovated 16-unit multifamily apartment complex in a prime location near Howard College in Big Spring, Texas. The building was fully renovated in 2023. Big Spring is part of the Permian Basin Oil and Natural Gas industry creating strong, stabilized cash flow in the growing West Texas market. This complex is 100% leased(as of this writing) with an active waiting list, reflecting sustained rental demand. Based on a T-3 pro forma (May–July 2026), the annualized NOI creates a .6.66 Percent CAP Rate which could be brought up to over an 8 percent CAP rate with slight rent increases.
For sale
$2,600,000
1712 E 3rd St, Big Spring, TX 79720
--beds
--baths
18,356sqft
Apartment
Built in 1969
-- sqft lot
$-- Zestimate®
$142/sqft
$-- HOA
What's special
- 21 hours
- 27
- 0
Zillow last checked:
Listing updated:
Listed by:
Robert Wilson 432-901-3699,
Legacy Real Estate
Source: PBBR,MLS#: 50098472
Facts & features
Interior
Heating
- Central
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater
Interior area
- Total structure area: 18,356
- Total interior livable area: 18,356 sqft
Property
Parking
- Parking features: Other-See Remarks
Features
- Levels: Two
Lot
- Size: 0.89 Acres
Details
- Parcel number: 300891
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Roof: Composition
Condition
- Year built: 1969
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & HOA
Community
- Subdivision: Big Spring
Location
- Region: Big Spring
Financial & listing details
- Price per square foot: $142/sqft
- Annual tax amount: $3,414
- Date on market: 9/23/2026
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/23/2026 | Listed for sale | $2,600,000$142/sqft |
Source:  PBBR #50098472 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 79720
Nearby schools
Schools provided by the listing agent
- Elementary: Moss
- Middle: Big Spring
- High: Big Spring
- District: Big Spring
Source: PBBR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
