For Sale
513 E Caney St Wharton, TX 77488
$1,150,000
Description
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.
Overview
Financial
Price:
$1,150,000
Price/SqFT:
$89.73
HOA Fee:
Tax Rate:
2.07525 %
Est. Monthly:
$15,823 *
Tax Amount:
$23,865
Amenities and features
Property & Schools on Map
Floor plans / Dimensions / Descriptions
-
InteriorHeating:Central ElectricCooling:Central Electric
-
ExteriorRoof:Composition
Listed By:
Stacie Hoyt
Texas Southern Real Estate LLC
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