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513 E Caney Street, 
Wharton, TX 77488

$1,150,000

—

Bed

—

Bath

12,816

Sq Ft

Multi-Family

Active

Listed by

Stacie Hoyt

Texas Southern Real Estate LLC.

979-532-8000

Last updated:

September 19, 2026, 11:54 AM

MLS#

59701546

Source:

HARMLS

About This Home

513 E Caney Street

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.

Home Facts

Multi-Family

Built in 1940

Subdivision & Development:

Wharton

Price Summary

1,150,000

$89 per Sq. Ft.

MLS #:

59701546

Last Updated:

September 19, 2026, 11:54 AM

Rooms & Interior

Interior

Living Area:

12,816 Sq. Ft.

Structure

Structure

Building Area:

12,816 Sq. Ft.

Year Built:

1940

Finances & Disclosures

Finances

Price:

$1,150,000

Price per Sq. Ft:

$89 per Sq. Ft.

Source:HARMLS
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.