1712 E 3rd, Big Spring, TX 79720
LATEST
Apartment
AUD $3,746,938
USD $2,600,000
Published on: 03 Oct 2026
Last updated on: 03 Oct 2026
Property ID: 110120085500
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Commercial Sale, 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 of .6.66 CAP Rate. An 8 CAP rate is possible with a slight increase in rental
Property Details
Basic Info
Indoor Feature
Outdoor Feature
Basic Info
Property Type
Apartment
Listing Status
Active
Land Size
3,601.71 m2
Building Size
1,705.33 m2
Year Built
1969
County
Howard
Parcel ID
300891
Provider
Odessa Board of Realtors
Subdivision
Big Spring
Brokerage Office Name
LEGACY REAL ESTATE MIDLAND
Brokerage Office Phone
4326876500
Neighbourhoods
Big Spring
Address
1712 E 3rd, Big Spring, TX 79720
Contact Agent
Robert Wilson
Legacy Real Estate
4400 N Big Spring St. Suite E101, Midland, TX 79705
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Contact Agent
Contact Agent
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Robert Wilson
4400 N Big Spring St. Suite E101, Midland, TX 79705
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Property ID: 110120085500
Original Property ID: 3yd-OBORTX-177943Data provided by Odessa Board of Realtors, MLS #: 177943
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