513 E Caney Street

Wharton, TX 77488

About this property

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.

About this property

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.

Features and Additional Information

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$1,150,000 Active
0 Bed(s)
0
Baths
12,816 sqft

Presented By Coldwell Banker Commercial Gateway

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Get in touch today! Phone: 1-956-937-2930
Brokerage
Texas Southern Real Estate LLC
1-979-532-8000
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Area Information

55 | Wharton County | Wharton

$ 1,150,000
This listing is play_arrow 334.0% higher than the average in the area
$ 264,950 in the area
12,816 SqFt
This listing is play_arrow 376.4% larger than the average in the area
2,690 SqFt in the area
$ 90 $/SqFt
This listing is play_arrow 9.4% less than the average in the area
$ 99 $/SqFt in the area
7 days on site
This listing is play_arrow 92.5% below the average in the area
93 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School

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Listed By Stacie Hoyt
Brokerage: Texas Southern Real Estate LLC

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