Address
513 E Caney Street, Wharton, TX
Price
$ 1,300,000
Property Attributes
- MLS#18410737
- TypeMulti-Family
- CountyWHARTON
- CityWharton
- Area55
- NeighborhoodWharton
- Zip77488
- StyleMulti-Family
- Year Built1940
- Taxes$ 9249
- Price$ 1,300,000
- Bedrooms2
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage12696
- Lot Size1.27431 Acres
Data Source:
Houston Association of REALTORS® (HAR)
Property Description
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.
| Elementary School | Middle School | High School |
|---|---|---|
| Cg Sivells/Wharton Elementary School | Wharton Junior High | Wharton High School |
| Price History | |
|---|---|
| 5/2/2024 | Listed $1,300,000 |
General Features
| Heating | Central Electric |
|---|---|
| Roof | Composition |
| Restrictions | Deed Restrictions |
| Occupancy | Under 10% Vacancy |
| Full Baths | 2 |
| Year Built | 1940 |
| Subdivision | Wharton |
| Stories | 2 |
| County | Wharton |
| Tax Rate | 2.3512 |
| Property Type | Multi-Family |
| Yearly Taxes | 9249 |
| Census Tract | 7404 |
| Tax Year | 2022 |
| Income Net Operating | 107362 |
| Income Gross | 154652 |
| 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 | 21 |
| 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 |
Interior Features
| Total Bedrooms | 2 |
|---|---|
| Floors | Laminate |
| Unit Count | 2 |
| Sq Ft Total | 12696 |
| Sq Ft Source | Appraisal District |
| Cool System | Central Electric |
| Total Baths | 2.00 |
Exterior Features
| Siding | Cement Board |
|---|---|
| Lot Size Source | Appraisal District |
| Lot Size | 55509 |
| Lot Description | Corner |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 77488
Price
Taxes
Visits
Year Built
The information being provided by Houston Association of REALTORS, Inc. is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Houston Association of REALTORS, Inc. This web site may reference real estate listing(s) held by a brokerage firm other
