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1712 E 3rd, Big Spring, TX 79720

$2,600,000
  • —

    bed

  • —

    bath

  • 18,356

    Sqft ($142/Sqft)

Condominium for sale 28 days
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About 1712 E 3rd

Property type Condominium
Neighborhood
Year built 1969
HOA fee $0/month
Lot size 0.89 Acre
Rental estimate
Property description
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.
Listed by
Listing Agent - Robert Wilson
Listing Agent Contact: 4326876500, Glann@legacyrealestate.com
Listing Office - Legacy Real Estate
Source: Permian Basin Board of REALTORS mls logo
MLS#50098472 • last updated 2 weeks ago
Movoto checked Permian Basin Board of REALTORS for data 7 minutes ago
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Overview
Cooling/AC Central Air, Electric
Heating Central
Levels/Style Two
SubType Apartment
SqFt 18356
Virtual Tour External Link
Status Active
Lot Size (Acres) 0.89
Lot Size (Sqft) 38768.4
Property Tax 3414.94
Year Built 1969
Interior
Appliances Electric Water Heater, Electric Range, Free-Standing Range, Refrigerator
Exterior
Construction Frame, Wood Siding
Roof Composition
Foundation Slab
Parking Other-See Remarks
Amenities / Utilities
Utilities Electricity Connected
Water Source Public
Location
Area Big Spring
Subdivision Big Spring
Middle School District Big Spring
Elem School District Big Spring
Elementary School Moss
High School District Big Spring
High School Big Spring
Middle School Big Spring
APN 300891
Lot/ Land Details
Road Surface Paved
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4/10
Big Spring High School
public Grades 9-12
Big Spring Independent School District
Source: GreatSchools.org © 2026. All rights reserved.

Around Big Spring

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  • Real Estate
  • TX
  • Howard County
  • Big Spring
  • 79720
  • 1712 E 3rd

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