Renovated 16-Unit Apartment
New
For Sale
$2,600,000
1712 E 3rd, Big Spring, TX 79720
Residential Income, Big Spring, TX
Property Size18,356 SF
Lot Size0.89 Acres
Price / SF$141.64
Days on Market5
Property Features for 1712 E 3rd
General Information
Property type
Residential Multi Family
Property subtype
Other
Subdivision
Big Spring
Elementary school
Moss
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
18,356 SF
Lot size
0.89 Acres
Taxes and HOA fees
Tax Description
NW/4 SC 45 BK 1N 010 ACQ 03242022 BLK/TRACT 32 1N .89ACRES (16 UNITS)
Tax Annual Amount
3415
Legal Description
NW/4 SC 45 BK 1N 010 ACQ 03242022 BLK/TRACT 32 1N .89ACRES (16 UNITS)
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
1969
Floors in Building
2
Roof type
Composition
Listing Agency:
Legacy Real Estate
(432) 687-6500
Listed By:
Robert Wilson
(432) 901-3699
Added: Sep 23
Changed: Sep 25
Last Checked: Sep 27 at 7:06AM
MLS# 50098472
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 16-unit apartment property contains 18,356 square feet on a 0.89-acre site. The building dates to 1969 and underwent a full renovation in 2023. Central heating, central air, electric cooling, a composition roof, public water, and public sewer serve the improvements.
The property is located at 1712 E 3rd in Big Spring, near Howard College. Occupancy is reported at 100%, with an active waiting list. The property is positioned within Big Spring’s West Texas setting and benefits from proximity to the Permian Basin oil and natural gas industry.
The property is located at 1712 E 3rd in Big Spring, near Howard College. Occupancy is reported at 100%, with an active waiting list. The property is positioned within Big Spring’s West Texas setting and benefits from proximity to the Permian Basin oil and natural gas industry.
Key Highlights
- 16‑unit apartment building with 18,356 square feet
- Full building renovation completed in 2023
- 100% leased with an active waiting list
Property Analytics
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Current Use
Lease Details
16
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
136
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Central heating and cooling serve a fully occupied multifamily property near Howard College.
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‑unit apartment building with 18,356 square feet; Full building renovation completed in 2023; 100% leased with an active waiting list
