526 Wilkes St Wharton, TX 77488
- Residential income homes
- 40,378 SF
- 0.92 lot acres
Current Use by Public Records
- Residential income homes
Property Details for 526 Wilkes St
- Year built
- 1977
- Lot size
- 0.92 lot acres
- Property size
- 40,378 SF
- Property type
- Residential income homes
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wharton
- County
- Wharton
- State
- Texas
- Longitude
- -96.1183457
- Latitude
- 29.3212422
