16-Unit Apartment
New
For Sale
$1,150,000
513 E Caney St, Wharton, TX 77488
Most residences have been updated, with all units occupied at the time of listing.
Property Size12,816 SF
Days on Market3
Property Features for 513 E Caney St
General Information
Standard status
Active
Size
12,816 SF
Property subtype
Investment
Occupancy
100%
Additional Details
Multifamily Units
16
Taxes and HOA fees
Annual Taxes
$10,209
Building Details
Building Size
12,816 SF
Year Built
1940
Stories
2
Units
1
Listing Agency:
TEXAS SOUTHERN REAL ESTATE LLC
(979) 221-4163
Listed By:
Stacie Hoyt · License #623806
(979) 221-4163
Source:
Elliman
Added: Aug 21
Changed: Aug 22
Last Checked: Aug 22 at 7:41AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of TEXAS SOUTHERN REAL ESTATE LLC
Investment Insights
Based on property information with market context.
This 16-unit apartment property was built in 1940 and is currently fully occupied. Fifteen units have been updated, providing refreshed residential interiors within the existing community. The property is positioned on a spacious tract, and the source information identifies room for additional units.
The property is located at 513 E Caney St in Wharton, near shopping, dining, schools, and other town amenities. Its walk score is 8, classified as car-dependent, while the bike score is 28, classified as somewhat bikeable.
The property is located at 513 E Caney St in Wharton, near shopping, dining, schools, and other town amenities. Its walk score is 8, classified as car-dependent, while the bike score is 28, classified as somewhat bikeable.
Key Highlights
- 16‑unit apartment community built in 1940
- 100% occupied at the time of listing
- 15 of 16 units have been updated
Property Analytics
Property Profile
Current Use
Lease Details
16
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
455
Businesses Nearby
Explore this area
Business Placement
Demographics for 77488, TX
13,861
Population
6,106
Households
2.3
Avg Household Size
41
Median Age
19%
College-Educated
84%
High-School Grad
225.0 sq mi
ZIP Area
62
Density / Sq Mi
$58,770
Median Household Income
$35,130
Median Earnings
$989
Median Rent
$173,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Most residences have been updated, with all units occupied at the time of listing.
Where is this apartment building located?
The property is located at 513 E Caney St Wharton, TX.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 16‑unit apartment community built in 1940; 100% occupied at the time of listing; 15 of 16 units have been updated
