Date
Details
Price
Change
Source
8/11/2026
Listed
$1,150,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$1,150,000
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Property 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.
Full Property Details
Full Property Details for 513 E Caney St
General
- Price: $1,150,000
- Taxes: $10,209 (2025)
- Status: Active
- Type: Multi-Family
- Source: Houston
- MLS ID: 59701546
- Updated: 8/19/2026
- Added to Site: 18 day(s) ago
Location
- Area: 55
- County: Wharton
- Subdivision: Wharton
- Driving 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.
School Information
- Elem School District: 180 - Wharton
- Midd School District: 180 - Wharton
- High School District: 180 - Wharton
- Elementary School: CG SIVELLS/WHARTON ELEMENTARY SCHOOL
- Middle School: WHARTON JUNIOR HIGH
- High School: WHARTON HIGH SCHOOL
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Structural Information
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 12,816
- Sq. Ft. Source: Appraiser
- Living Area: 12,816 Sq. Ft.
- Year Built: 1940
- Year Built Source: Public Records
Lot Features
- Lot Size Source: Appraiser
Financial Considerations
- Tax Amount: $10,209
- Tax Year: 2025
- Terms: Cash, Conventional, Investor Financing
Disclosures and Reports
- Legal Description: WHARTON BLOCK 22 LOT 5, 6
- Legal Disclosures: Seller Disclosure
- APN: R26234
Listed by Texas Southern Real Estate LLC (979) 532-8000, Stacie Hoyt (979) 221-4163
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 513 E Caney St —
Stacie Hoyt
Texas Southern Real Estate LLC
979-221-4163
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 513 E Caney St
School District:Wharton Independent School District
| Name | Grades | Distance |
|---|---|---|
C G Sivells Elementary School 1605 North Alabama Road, Wharton, TX 77488 | PK-2 | 0.9 mi |
Wharton Elementary School 2030 East Boling Highway, Wharton, TX 77488 | 3-5 | 1.6 mi |
Wharton J High School 1120 North Rusk Street, Wharton, TX 77488 | 6-8 | 0.6 mi |
Wharton High School 1 Tiger Ave, Wharton, TX 77488 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 513 E Caney St
Tax History
Tax History for 513 E Caney St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,257
41%
$205,112
10%
2022
$3,015
—
$186,447
45%
2022
$3,015
-3%
$128,220
—
2021
$3,120
—
$128,220
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 513 E Caney St
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513 E Caney Street, Wharton, TX 77488 (MLS# 59701546) is a Multi-Family property with 16 units containing 0 bedrooms and 0 full bathrooms. 513 E Caney Street is currently listed for $1,150,000 and was received on August 11, 2026. Want to learn more about 513 E Caney Street? Do you have questions about finding other Multi-Family real estate for sale in Wharton? You can browse all Wharton real estate or contact a Coldwell Banker agent to request more information.