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.
For sale
$1,150,000
513 E Caney St, Wharton, TX 77488
--beds
0baths
12,816sqft
Multi Family
Built in 1940
-- sqft lot
$-- Zestimate®
$90/sqft
$-- HOA
What's special
Modern updatesSpacious tract
- 52 days
- 62
- 2
Zillow last checked:
Listing updated:
Listed by:
Stacie Hoyt TREC #0623806 979-221-4163,
Texas Southern Real Estate LLC
Source: HAR,MLS#: 59701546
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Electric
Cooling
- Electric
Interior area
- Total structure area: 12,816
- Total interior livable area: 12,816 sqft
Property
Features
- Stories: 2
Lot
- Size: 1.27 Acres
Details
- Parcel number: R26234
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Composition
Condition
- New construction: No
- Year built: 1940
Community & HOA
Community
- Subdivision: Wharton
Location
- Region: Wharton
Financial & listing details
- Price per square foot: $90/sqft
- Annual tax amount: $10,209
- Date on market: 8/19/2026
- Listing terms: Cash,Conventional,Investor
- Lease term: 1 Year,Month To Month
Estimated market value
Not available
Estimated sales range
Not available
$1,059/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/1/2026 | Listing removed | $825 |
Source: Zillow Rentals Report a problem | ||
| 9/18/2026 | Listed for rent | $825-5.7% |
Source: Zillow Rentals Report a problem | ||
| 8/19/2026 | Listed for sale | $1,150,000-11.5%$90/sqft |
Source:  HAR #59701546 Report a problem | ||
| 1/25/2025 | Listing removed | $875 |
Source: Zillow Rentals Report a problem | ||
| 1/15/2025 | Listed for rent | $875+2.9% |
Source: Zillow Rentals Report a problem | ||
| 5/20/2024 | Listing removed | $1,300,000$101/sqft |
Source: HAR #18410737 Report a problem | ||
| 5/15/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/13/2024 | Price change | $850-2.9% |
Source: Zillow Rentals Report a problem | ||
| 5/2/2024 | Listed for sale | $1,300,000$101/sqft |
Source: HAR #18410737 Report a problem | ||
| 3/31/2024 | Listed for rent | $875+2.9% |
Source: Zillow Rentals Report a problem | ||
| 1/3/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 11/27/2023 | Listed for rent | $850 |
Source: Zillow Rentals Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 77488
Nearby schools
Schools provided by the listing agent
- Elementary: Cg Sivells/Wharton Elementary School
- Middle: Wharton Junior High
- High: Wharton High School
Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
