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Property profile & analytics
OFF-MARKET
Residential income homes

526 Wilkes St Wharton, TX 77488

40,378 SF 0.92 ac lot Built 1977
Property ID
US82-7210886
Property summary
AI-generated overview

This exceptional multifamily investment presents a compelling opportunity in the thriving Wharton, Texas market. The property, encompassing 40,378 square feet across three, two-story buildings, sits on a 0.92-acre lot. Constructed in 1977, the buildings offer a solid foundation for value-add improvements, capitalizing on the strong rental demand in the area. The portfolio comprises 16 units, providing immediate cash flow potential. Located conveniently near major transportation arteries, the property benefits from its proximity to Houston and the projected population growth within a 5-mile radius, expected to exceed 12,000 by 2029, with average household incomes exceeding $75,000. This presents a unique chance to acquire a well-positioned asset poised for long-term appreciation in a dynamic market. The property's location in Wharton County, at 526 Wilkes St., Wharton, TX 77488, offers easy access to essential amenities and services. This value-add investment is ideal for those seeking steady income and significant future growth. Contact us today to learn more about this exceptional opportunity.

Property profile
Verified
Property type Residential income homes
Year built 1977
Total area 40,378 SF
Lot 0.92 ac (40,075 SF)
UPID US82-7210886
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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