513 Caney, Wharton, Texas

$1,150,000
Active
513 Caney, Wharton, Texas
513 Caney, Wharton, Texas
513 Caney, Wharton, Texas
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Property Details

MLS ID: 59701546
Status: Active
Price: $1,150,000
Type: Residential
Address: 513 Caney
City, State: Wharton, TX
County: Wharton County
ZIP Code: 77488
Lat/Long: 29.31046, -96.09409
Parcel Number: R26234
SqFt: 12,816
Year Built: 1940

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.

Directions: From Houston, take I-69/US-59 South toward Sugar Land and continue through Rosenberg and into Wharton County. Take the exit for TX-60/Wharton and turn right onto TX-60/Richmond Rd. Continue into town and turn right onto W Caney St. Follow W Caney St to 513 W Caney, located on the left.

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JD McKay

JD McKay

Capitol Ranch Real Estate, LLC

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Capitol Ranch Real Estate, LLC
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Copyright 2026, Houston REALTORS® Information Service, Inc. The information provided is exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Listed By: Stacie Hoyt of Texas Southern Real Estate Llc - (979) 221-4163