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513 E Caney Street Wharton, TX $ 1,300,000
513 E Caney Street
$ 1,300,000
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513 E Caney Street

Wharton, TX, 77488
$ 1,300,000
Bedrooms2 Baths2.0 Sq 12,696

Monthly Estimate*

$ 9,081

Multi-Family Home for sale in Wharton, TX

for $1,300,000 with 2 bedrooms and 2 full baths. This 12,696 square foot home was built in 1940 on a lot size of 1.27431.

Welcome to your newly renovated haven in Wharton, Texas! Nestled in the heart of this vibrant community, this stunning 16-unit apartment complex offers the perfect blend of modern comfort and classic charm. Comprised of 3 buildings with a perfect unit mix of 1BR and 2 BR units, this is a turnkey property with an additional value-add component to maximize your return. With a history steeped in Texan hospitality, this property has been meticulously remodeled to exceed your expectations. Conveniently located near shopping, dining, and entertainment options, this apartment complex offers easy access to everything Wharton has to offer. With high occupancy rates and a strong rental history, this property presents a lucrative investment opportunity for discerning buyers.

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Multi-Family Active

Price

$ 1,300,000

Bedrooms

2

Full Bath

2

Property Type

Multi-Family

Taxes

$ 9,249

Style

Multi-Family

Lot Size

1.27431

Year Built

1940

Town/City

Wharton

County/Region

Wharton

MLS | Web ID

18410737

Features
General
Heating Central Electric
Roof Composition
Restrictions Deed Restrictions
Occupancy Under 10% Vacancy
Full Baths 2
Year Built 1940
New Construction 0
Subdivision Wharton
Stories 2
County Wharton
Tax Rate 2.3512
Property Type Multi-Family
Yearly Taxes 9249
Tax Year 2022
Status Active
Sub Type Multiple Detached Dwellings
Directions take US-59 South toward Victoria Keep right toward Wharton Bay City Turn left onto W Caney St The destination is on your left
City Wharton
Disclosures No Disclosures
School District 180 - Wharton
Street Name Caney
DOM 14
Maintenance Fee Y/N 0
Elementary School CG SIVELLS/WHARTON ELEMENTARY SCHOOL
Middle School WHARTON JUNIOR HIGH
Finance Available Cash Sale Conventional Investor
High School WHARTON HIGH SCHOOL
List Type Exclusive Right to Sell/Lease
Unit Total 16
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Exterior
Siding Cement Board
Lot Size Source Appraisal District
Lot Size 55509
Lot Description Corner
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Interior
Total Bedrooms 2
Floors Laminate
Total Baths 2.00
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* Excluded Features
List By
Lifestyles Realty, Inc.

Broker

joe.wimberly@luinc.com

Email

Affordability Calculator

$9,852
Per Month
92%
8%
0%
Monthly Principal & Interest
$9,081
Monthly Property Taxes
$771
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1829653 Elementary School
1830923 Middle School
Wharton High School High School
Pricing History
DatePricePrice ChangeDescription
5/2/2024$1,300,000 Listed Price

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513 E Caney Street, Wharton, TX, 77488 is a Multi-Family Home for sale at $1,300,000 with 12,696 sqft and a lot size of 1.27431. 513 E Caney Street has 2 bedrooms, 2.0 baths, and was built in 1940. The property's zip code is 77488 which is in Wharton, TX