3232 Drexel Ave Big Spring, TX

This beautifully updated 3-bedroom, 2-bath brick ranch in Big Spring, TX is fully renovated and tenant-occupied—ready to generate income from day one. Recent upgrades include a new roof, central heating and air, water heater, sewer and gas lines, luxury vinyl plank flooring, modern kitchens and baths, and fresh finishes throughout. With a fenced backyard, single-car garage, and all major systems replaced, this turnkey rental offers a hassle-free investment and immediate cash flow.

Property Details:

• 3BR
• 2BA
• 1,496 sf
• Year Built: 1960
• Brick Ranch
• Single car garage
• Central Heating and Air Conditioning
• Water Heater: New install 2025
• Fenced in backyard
• 2024 Taxes (as reported by zillow.com): $2,613

Completed Scope of Work:

• Interior
  • Installed new central heating and air (furnace, condensing unit, thermostat)
  • Paint interior to include walls, ceilings, doors, trim
  • New luxury vinyl plank flooring installed throughout
  • New baseboard
  • Replaced lighting throughout
  • Replaced plumbing fixtures throughout
  • New plumbing fixtures in both baths
  • Toilets
  • Tub/Shower fixture
  • Sinks/faucets
  • Exhaust fans
  • New vanity in both baths
  • New tile surround at tub
  • Epoxy glazed the bathtub
  • New shower tile at shower
  • New toilet accessories/mirrors in both baths
  • New interior door hardware
  • Installed new appliances
  • Range
  • Range Hood
  • Installed new water heater
  • Installed new kitchen sink/faucet
  • New plastic laminate kitchen countertops
  • New tile backsplash in kitchen
  • Replaced all electrical receptacles and switches
  • Installed new window blinds
  • Installed new washer/dryer hookups
• Exterior
  • Installed new roof
  • New door hardware and seals
  • Replaced the sewer line
  • Replaced the gas line
  • New exterior light fixtures
  • New garage door opener and seals

Property Management Details:

• Five16 Properties
• Cost: 10% of Rental Income
• Tenant Placement Fee: $500