$1,150,000
- Studio
- 12,816 sqft (on 1.27 acres)
513 E Caney St, Wharton, TX 77488
Est. Mortgage $7,758/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1940
1.27 acre lot
$90/sqft
Local Information
-- mins to
About this House
What's unique:Modern updatesSpacious tract
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.
Last check for updates: about 17 hours ago
Listing courtesy of Stacie Hoyt TREC #0623806, (979) 221-4163
Texas Southern Real Estate LLC
Source: HAR, MLS#59701546

Home Details for 513 E Caney St
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Dimensions and Layout Living Area: 12816 Square Feet |
Heating & Cooling Heating: ElectricHas CoolingAir Conditioning: ElectricHas HeatingHeating Fuel: Electric |
Levels, Entrance, & Accessibility Stories: 2 |
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Exterior Home Features Roof: CompositionNo Private Pool |
Parking & Garage No CarportNo Garage |
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Days on Market: 86 |
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Year Built Year Built: 1940 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Not a New Construction |
Property Information Parcel Number: R26234 |
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Price List Price: $1,150,000Price Per Sqft: $90 |
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MLS Status: Active |
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Direction & Address City: WhartonCommunity: Wharton |
School Information Elementary School: Cg Sivells/Wharton Elementary SchoolJr High / Middle School: Wharton Junior HighHigh School: Wharton High SchoolHigh School District: 180 - Wharton |
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Listing Agent Listing ID: 59701546 |
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Building Area Building Area: 12816 Square Feet |
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Lot Area: 1.2743 Acres |
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Listing Terms: Cash, Conventional, Investor |
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Mls Number: 59701546 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Oct 1, 2026 Source: Zillow Rentals | ListingRemoved | $825 |
Sep 18, 2026 Source: Zillow Rentals | Listed For Rent | $825 |
Aug 19, 2026 Source: HAR #59701546 | Listed For Sale | $1,150,000 |
Jan 25, 2025 Source: Zillow Rentals | ListingRemoved | $875 |
Jan 15, 2025 Source: Zillow Rentals | Listed For Rent | $875 |
May 20, 2024 Source: HAR #18410737 | ListingRemoved | $1,300,000 |
May 15, 2024 Source: Zillow Rentals | ListingRemoved | |
May 13, 2024 Source: Zillow Rentals | PriceChange | $850 Price decreased by 100% |
May 2, 2024 Source: HAR #18410737 | Listed For Sale | $1,300,000 |
Mar 31, 2024 Source: Zillow Rentals | Listed For Rent | $875 |
Jan 3, 2024 Source: Zillow Rentals | ListingRemoved | |
Nov 27, 2023 Source: Zillow Rentals | Listed For Rent | $850 |
Around this home
What Locals Say about Wharton
At least 38 Trulia users voted on each feature.
92 % Say car is needed
90 % Say yards are well-kept
83 % Say parking is easy
71 % Say kids play outside
62 % Say it's dog friendly
60 % Say there's holiday spirit
60 % Say they plan to stay for at least 5 years
60 % Say people would walk alone at night
56 % Say it's quiet
44 % Say neighbors are friendly
42 % Say it's walkable to grocery stores
32 % Say it's walkable to restaurants
29 % Say there's wildlife
29 % Say there are community events
26 % Say there are sidewalks
20 % Say streets are well-lit
Sourced by Trulia users. Learn more about our methodology.
Market trends in Wharton
Last updated October 2026
Avg. sale price
—
Sale-to-List Price
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Price per sq ft
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Available listings
77
8MoM
Sourced by Trulia Market Trends
Home Value
Learn more about this home's value by checking out the value of nearby homes.
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.01 | - | 1 | 1 | 700 | Off Market | |
0.03 | $100,100 | 2 | 1 | 1,080 | Off Market | |
0.04 | - | 3 | 1 | 1,196 | Off Market | |
0.04 | - | 1 | 1 | 720 | Off Market | |
0.04 | - | Studio | 1 | 884 | Off Market | |
0.04 | $155,600 | 4 | 2 | 2,232 | Off Market | |
0.04 | $90,700 | 2 | 1 | 882 | Off Market | |
0.04 | $143,600 | Studio | 2 | 1,300 | Off Market | |
0.05 | $140,000 | 3 | 2 | 1,247 | Off Market | |
0.05 | $109,100 | 3 | 1 | 1,416 | Off Market | |
0.05 | - | Studio | 2 | 1,960 | Off Market | |
0.05 | - | - | - | - | Off Market | |
0.05 | - | - | - | - | Off Market | |
0.05 | - | - | - | - | Off Market | |
0.05 | - | - | - | - | Off Market | |
0.05 | - | - | - | - | Off Market | |
0.06 | $155,500 | 3 | 2 | 1,576 | Off Market | |
0.06 | $176,600 | 3 | 2 | 780 | Off Market | |
0.06 | $381,500 | Studio | - | - | Off Market | |
0.06 | $257,100 | Studio | - | - | Off Market |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Stacie Hoyt, Texas Southern Real Estate LLC
Agent Phone: (979) 221-4163

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.
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Frequently asked questions about 513 E Caney St
- What is the estimated monthly payment for 513 E Caney St?Based on a $1,150,000 list price with 20% down at today's rates, the estimated monthly payment for 513 E Caney St in Wharton, TX is approximately $7,936 (about $6,423 principal & interest, $1,438 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What do residents say about Wharton?Residents describe Wharton, TX as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See homes for sale in Wharton, TX.
- What are the closest schools to 513 E Caney St?The closest schools to 513 E Caney St in Wharton, TX are C G Sivells Elementary School (Pre-K), Wharton Elementary School (rated 2/10), Wharton High School (rated 2/10).
- Does 513 E Caney St have air conditioning?Yes, 513 E Caney St in Wharton, TX has air conditioning.
513 E Caney St, Wharton, TX 77488 is a studio, 12,816 sqft multi-family built in 1940. This property is currently available for sale and was listed by HAR on Aug 19, 2026. The MLS # for this home is MLS# 59701546.

