513 E Caney Street, Wharton, TX 77488

Wharton
Local realty services provided by:ERA Experts
513 E Caney Street,Wharton, TX 77488
$1,150,000
  • - Beds
  • - Baths
  • 12,816 sq. ft.
  • Multi-family
  • Active
Listed by: stacie hoyt
Office: texas southern real estate llc.979-532-8000
MLS#:59701546
Source:HARMLS

Price summary

  • Price:$1,150,000
  • Price per sq. ft.:$89.73

About this home

Well-kept 16-unit apartment community in the heart of Wharton, currently 100% occupied and performing with strong, stable rental income. Fifteen of the sixteen units have been updated, offering clean and functional living spaces that attract long-term tenants. The property sits on a spacious tract with room to add additional units, creating an excellent value-add opportunity for investors. Conveniently located near shopping, dining, schools, and major town amenities, 513 Caney Apartments delivers reliable occupancy, modern updates, and expansion potential in a high-demand rental market.

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Home facts

  • Year built:1940
  • Subdivision & Development:Wharton
  • Listing ID #:59701546
  • Updated:August 20, 2026 at 11:49 AM

Rooms and interior

  • Living area:12,816 sq. ft.

Heating and cooling

  • Cooling:Central Air, Electric
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Roof:Composition
  • Year built:1940
  • Building area:12,816 sq. ft.
  • Levels:2 Stories

Schools

  • High school:WHARTON HIGH SCHOOL
  • Middle school:WHARTON JUNIOR HIGH
  • Elementary school:CG SIVELLS/WHARTON ELEMENTARY SCHOOL

Finances and disclosures

  • Price:$1,150,000
  • Price per sq. ft.:$89.73
  • Tax amount:$10,209 (2025)
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