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513 E Caney Street Wharton, TX $ 1,150,000
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$ 1,150,000 Get more info
513 E Caney Street
$ 1,150,000
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513 E Caney Street

Wharton, TX, 77488
$ 1,150,000
Baths0.0 Sq 12,816

Monthly Estimate*

$ 7,261

513 E Caney Street, Wharton, TX 77488 - Image 1
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513 E Caney Street, Wharton, TX 77488 - Image 12
Studio

Multi-Family Home for sale in Wharton, TX

for $1,150,000. This 12,816 square foot home was built in 1940.

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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Multi-Family Active

Price

$ 1,150,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 10,209

Style

Year Built

1940

Town/City

Wharton

County/Region

Wharton

MLS | Web ID

59701546
Features
General
Heating Central Electric
Cooling Central Air Electric
Roof Composition
Year Built 1940
Stories Count 2
Levels Two
Property Subtype Detached
Tax Year 2025
County Wharton
New Construction false
Property Type Residential Income
Subdivision Name Wharton
Status Active
Directions From Houston take I-69/US-59 South toward Sugar Land and continue through Rosenberg and into Wharton County. Take the exit for TX-60/Wharton and turn right onto TX-60/Richmond Rd. Continue into town and turn right onto W Caney St. Follow W Caney St to 513 W Caney located on the left.
High School WHARTON HIGH SCHOOL
City Wharton
Disclosures Seller Disclosure
High School District 180 - Wharton
Number Of Units Total 16
MLS Area 55
Lot Size Units Square Feet
Elementary School CG SIVELLS/WHARTON ELEMENTARY SCHOOL
Tax Annual Amount 10209
Middle/Junior High School WHARTON JUNIOR HIGH
Standard Status Active
Middle/Junior School District 180 - Wharton
Elementary School District 180 - Wharton
Year Built Source Public Records
Legal Description WHARTON BLOCK 22 LOT 5 6
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Interior
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Lot Size Area 55509
Building Area Total 12816
Lot Size Source Appraiser
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* Excluded Features
List By
Texas Southern Real Estate Llc

Broker

stacie-hg@hotmail.com

Email

Affordability Calculator

$8,112
Per Month
90%
10%
0%
Monthly Principal & Interest
$7,261
Monthly Property Taxes
$851
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
WHARTON HIGH SCHOOL High School High School
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Pricing History
DatePricePrice ChangeDescription
8/19/2026$1,150,000 Listed Price

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513 E Caney Street, Wharton, TX, 77488 is a Multi-Family Home for sale at $1,150,000 with 12,816 sqft. 513 E Caney Street is a studio with 0.0 baths and was built in 1940. The property's zip code is 77488 which is in Wharton, TX

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