513 E Caney St

Wharton, TX 77488
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12,696 Sqft. ($102/Sqft.)
55,509 Lot Sqft
Multi-Family - Multiple Detached Dw

Audio narrative

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.

MLS#
18410737
List Price
$1,300,000 ($102/Sqft.)
Listing Status
For Sale
Address
513 E Caney St
City
State
TX
Zip Code
Subdivision
Wharton
Legal Description
WHARTON BLOCK 22 LOT 5,6
Property Type
Multi-Family - Multiple Detached Dw
Stories
2
Building Size
12,696 Sqft/Appraisal District
Year Built
1940 /Appraisal District
Lot Size
55,509 Sqft./Appraisal District

Exterior

Roof
Composition
Exterior Type
Cement Board
Lot Description
Corner

Interior

Floors
Laminate
Cooling
Central Electric
Heating
Central Electric

Rooms

1 Bdr #
6
2 Bdr #
10

Lot information

Lot Size
55,509 Sqft. /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Financial

Financing Considered
Cash Sale, Conventional, Investor
Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$9,249/2022
Tax Rate
2.3512

Additional information

List Type
Exclusive Right to Sell/Lease
Buyer Agent Compensation*
3%
Sub Agent Compensation*
0%

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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Property tax

Cost/Sqft based on tax value

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Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

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Loan Term
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Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

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Source

Houston Association of REALTORS
Source last updated May 17, 2024 at 11:47 PM
Listing last updated May 13, 2024 at 11:27 AM

513 E Caney St, Wharton, TX 77488. View photos, map, tax, nearby homes for sale, home values, school info...

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