Search
Apartment Buildings with Unit Mix
For Sale
Contact for pricing

1306 East 12th Street, Big Lake, TX 76932

Multibuilding residential asset offering one- and two-bedroom apartment layouts.

Property Size26,676 SF
Lot Size1.90 Acres
Price / SF$146.20
Days on Market143

Property Features for 1306 East 12th Street

General Information

Standard status Active
Size 26,676 SF
Lot size 1.90 Acres
Property subtype Multifamily
Net Operating Income $384,545

Units

Unit Mix 13 x 1BR, 18 x 2BR/2BA
Multifamily Units 31

Building Details

Year Built 2016
Buildings 10
Units 31
Tenancy Multi
Listing Agency: Matthews
Listed By: Andrew Kopenec · License #746316
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Sep 1 at 11:03AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Matthews

Investment Insights

Based on property information with market context.

Santa Rita Homes is a 31-unit apartment property comprising 10 buildings constructed in 2016. The residential offering includes 13 one-bedroom apartments and 18 two-bedroom, two-bath units, providing a defined mix of floor plans across the community.

The property occupies 1.90 acres at 1306 E 12th St in Big Lake, Texas, directly adjacent to Reagan County High School. Its multibuilding configuration and established unit mix provide a clear overview of the physical asset for prospective buyers.

Key Highlights

  • 31‑unit apartment property across 10 buildings
  • Built in 2016 on 1.90 acres
  • 13 one‑bedroom units

Property Analytics

Current Use

Santa Rita Homes Apartment Building

Suggested Use

Top Pick Real Estate Agency Electrical Service Plumbing Service Grocery & Convenience Store Garden Center Law Firm

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

31
Residential units

Location Intelligence

Trade Area within ½ mile

164
Businesses Nearby

Demographics for 76932, TX

3,379
Population
1,359
Households
2.5
Avg Household Size
34
Median Age
16%
College-Educated
89%
High-School Grad
1,122.7 sq mi
ZIP Area
3
Density / Sq Mi
$69,620
Median Household Income
$41,924
Median Earnings
$806
Median Rent
$164,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Multibuilding residential asset offering one- and two-bedroom apartment layouts.
Where is this apartment building located?
The property is located at 1306 East 12th Street Big Lake, TX.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: 31‑unit apartment property across 10 buildings; Built in 2016 on 1.90 acres; 13 one‑bedroom units
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message