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16-Unit Apartment Building
New
For Sale
$2,600,000

1712 E 3rd, Big Spring, TX 79720

Commercial Sale, Big Spring, TX

Property Size18,356 SF
Lot Size0.89 Acres
Price / SF$141.64
Days on Market2

Property Features for 1712 E 3rd

General Information

Property type Commercial Sale
Property subtype Apartment
Appliances Individual AC Units, Individual Heating Units
Subdivision Big Spring
Lot features Lighted Parking
Standard status Active
APN 300891
Size 18,356 SF
Lot size 0.89 Acres

Taxes and HOA fees

Tax Annual Amount 3415

Building Details

Year built 1969
Building materials Wood Construction, Wood Studs
Roof type Composition
Listing Agency: Legacy Real Estate
Listed By: Robert Wilson
Added: Oct 2 Last Checked: Oct 3 at 3:06AM
MLS# 177943

Copyright © 2026 Odessa 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 16-unit apartment building contains 18,356 square feet on a 0.89-acre parcel. The property was renovated in 2023 and includes individual air-conditioning and heating units. Built in 1969, it has wood-stud construction and a composition roof. Occupancy was reported at 100%, with an active waiting list noted.

The property is at 1712 E 3rd in Big Spring, near Howard College. Its 16 apartments, individual climate-control equipment, and recent renovation define the physical offering.

Key Highlights

  • 16 apartments in an 18,356‑square‑foot building
  • Renovated in 2023
  • 100% leased, with an active waiting list noted

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Law Firm Big Box & Wholesale Store Building Supply

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

16
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

136
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - Renovations were completed in 2023, and each apartment has its own air-conditioning and heating unit.
Where is this apartment building located?
The property is located at 1712 E 3rd Big Spring, TX.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: 16 apartments in an 18,356‑square‑foot building; Renovated in 2023; 100% leased, with an active waiting list noted
More about this property
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