About 513 E Caney Street
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 of 513 E Caney Street
| MLS® # | 59701546 |
|---|---|
| Price | $1,150,000 |
| Square Footage | 12,816 |
| Square Footage | 55509 |
| Acres | 1.27 |
| Year Built | 1940 |
| Type | Residential Income |
| Sub-Type | Multi Family,Multiple Detached Dwellings |
| Status | Active |
Community Information
| Address | 513 E Caney Street |
|---|---|
| Area | 55 |
| Subdivision | Wharton |
| City | Wharton |
| County | Wharton |
| State | TX |
| Zip Code | 77488-5250 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Heating | Electric |
|---|---|
| Cooling | Electric |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Roof | Composition |
|---|
School Information
| District | 180 - Wharton |
|---|---|
| Elementary | Cg Sivells/Wharton Elementary School |
| Middle | Wharton Junior High |
| High | Wharton High School |
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
| Master Planned Community | No |
Listing Details
| Office | Texas Southern Real Estate LLC |
|---|