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Downtown Big Spring Triplex Investment
For Sale
$499,000

109 Runnels St, Big Spring, TX 79720

MULTI_FAMILY - Big Spring, TX

Property Size2,976 SF
Lot Size0.16 Acres
Price / SF$167.67
Days on Market98

Property Features for 109 Runnels St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 6
Rooms Bathroom 6, Bathroom 4, Bathroom 2, Bedroom 2, Bathroom 1, Bathroom 5, Bedroom 6, Bedroom 4, Bathroom 3, Bedroom 3, Bedroom 1, Bedroom 5
Exterior features Fence-Metal
Fencing Fenced
Subdivision Original Town
Elementary school Big Spring
Middle school Big Spring
High school Big Spring
Elementary school district Big Spring
Middle school district Big Spring
High school district Big Spring
Standard status Active
Size 2,976 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Description LT 14 BK 3 ORIGINAL TOWN 50X140 0285 BLK/TRACT 3 0.161 ACRES ACQ 07222019
Tax Annual Amount 2149
Legal Description LT 14 BK 3 ORIGINAL TOWN 50X140 0285 BLK/TRACT 3 0.161 ACRES ACQ 07222019

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Electric
Water source Public

Building Details

Year built 1960
Floors in Building 1
Listing Agency: Atkins Realty
Listed By: Brooke Atkins. Broker/Owner. RENE, SRS, ABR
Added: Apr 24 Changed: Jul 15 Last Checked: Jul 30 at 3:06PM
MLS# 50094612

Copyright © 2026 Permian Basin Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This turnkey triplex investment is located in the heart of Downtown Big Spring. Each of the three furnished units features 2 beds and 2 baths. The units rent for $1,950 per month, generating a total of $5,850 monthly. A recently updated 4-year lease is in place. The property includes stainless appliances, energy-efficient mini splits, a security system, and private gated secure parking. Situated on a 0.161-acre lot, the property encompasses 2,976 square feet. The location is one block from the Settles Hotel and close to dining, shopping, and entertainment. This property presents an opportunity for investors seeking stable rental income.

Key Highlights

  • Turnkey triplex with 3 furnished units, each offering 2 beds and 2 baths
  • Current rents total $5,850/month ($1,950/month per unit) with a recently updated 4‑year lease in place
  • Electric heating and electric cooling throughout

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Big Box & Wholesale Store Parking Lot & Garage Furniture & Home Goods Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

545
Businesses Nearby

Demographics for 79720, TX

31,948
Population
13,309
Households
2.4
Avg Household Size
38
Median Age
16%
College-Educated
82%
High-School Grad
986.0 sq mi
ZIP Area
32
Density / Sq Mi
$71,194
Median Household Income
$42,167
Median Earnings
$994
Median Rent
$146,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Turnkey triplex in downtown Big Spring with strong rental income.
Where is this triplex located?
The property is located at 109 Runnels St Big Spring, TX.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Turnkey triplex with 3 furnished units, each offering 2 beds and 2 baths; Current rents total $5,850/month ($1,950/month per unit) with a recently updated 4‑year lease in place; Electric heating and electric cooling throughout
More about this property
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