1712 E 3rd, Big Spring, TX 79720
LATEST
Other
AUD $3,743,506
USD $2,600,000
Published on: 25 Sep 2026
Last updated on: 26 Sep 2026
Property ID: 110119967119
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Residential Income, Big Spring, TX
1712 E 3rd, Big Spring, TX 79720
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.
Property Details
Basic Info
Indoor Feature
Basic Info
Property Type
Other
Listing Status
Active
Land Size
3,601.71 m2
Building Size
1,705.33 m2
Year Built
1969
Num Floors
2
County
Howard
Provider
Permian Basin Board of Realtors
Subdivision
Big Spring
Brokerage Office Name
Legacy Real Estate Brokerage
Brokerage Office Phone
(432) 687-6500
Neighbourhoods
Big Spring
Address
1712 E 3rd, Big Spring, TX 79720
Nearby Schools
| Type | School name | District name |
|---|---|---|
| High | Big Spring | Not available |
| Not available | Not available | Not available |
| Elementary | Moss | Not available |
| Not available | Not available | Not available |
| Middle | Big Spring | Not available |
| Not available | Not available | Not available |
| Juniorhigh | Big Spring | Not available |
| Not available | Not available | Not available |
Contact Agent
Robert Wilson
Legacy Real Estate
4400 N Big Spring St Ste. 101 Ste. E 101, Midland, TX 79705
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Contact Agent
Contact Agent
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Robert Wilson
4400 N Big Spring St Ste. 101 Ste. E 101, Midland, TX 79705
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Property ID: 110119967119
Original Property ID: 3yd-PBBRTX-50098472Data provided by Permian Basin Board of Realtors, MLS #: 50098472
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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.
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