Schools

§ 03

District

Elementary	WHARTON EL	D
Middle	WHARTON J H	C
High	WHARTON H S CCMR 62% · Grad 89%	D

TEA accountability ratings reflect 2024–25 where available. School attendance zones are subject to district redistricting — confirm directly with the district before making a school-based decision.

Overview

§ 01

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.

Features

§ 02

Interior

Heat: Central
Heat: Electric
Cool: Central Air
Cool: Electric

Exterior & lot

Roof: Composition

Community

Not provided

Property Details

§ 03 · Full MLS record

Property

Property Type	Residential Income
Property Sub Type	Detached
Year Built	1940
Year Built Source	PublicRecords
New Construction	No

Building

Stories	2
Levels	Two
Living Area	12,816 sq ft
Living Area Source	Appraiser
Building Area Total	12,816 sq ft
Roof	Composition

Rooms & Baths

Bathrooms (total)

0

Lot

Lot Size (sq ft)	55,509
Lot Size Source	Appraiser

Location

County	Wharton
MLS Area Major	55
Subdivision	Wharton
Postal Code	77488

Utilities

Heating	Central, Electric
Cooling	Central Air, Electric

Taxes, Terms & Disclosures

Tax Annual Amount	$10,209
Tax Year	2025
Tax Rate (est.)	0.89%
Parcel #	R26234
Legal Description	WHARTON BLOCK 22 LOT 5,6
Listing Terms	Cash, Conventional, Investor Financing
Disclosures	Seller Disclosure

MUD Disclosure (§49.452)

§ 03 · Data moat

● §49.452 Notice

Not in archive

This MUD is not yet in our §49.452 archive. We'll add it on request.

Texas Water Code §49.452 requires districts to publish annual notices with tax rate, bonded indebtedness, and assessed value. Most Harris-area MUDs publish these; a handful managed by Inframark do not.

Request this notice

● What this tells you

The §49.452 notice is the only public document that lists a MUD's exact tax rate, outstanding bond debt, and the assessed value used to compute your taxes — direct from the district, not the MLS. If the district is newer or has more bonds outstanding than its neighbors, your effective tax rate will be higher here than just across the street.

Listing's rolled-up MUD rate — Resolved MUD jurisdiction not mapped Match confidence —

Taxes & Cost of Ownership

§ 04

Tax breakdown not availableWe could not resolve the taxing jurisdictions for this listing. We will enrich this when the county tax roll loads.

HOA & Community

§ 05

No HOA on recordIf this is an HOA property, details are not yet loaded. Full cert available on request.

Broadband & Connectivity

§ 06

Broadband not mappedWe have not yet resolved FCC provider data for this block.

Environmental Risk

§ 08

?

FEMA Zone

Flood zone: not mapped by FEMA for this area

No FEMA digital flood map covers this location, so this property's flood risk has not been established. Verify flood insurance requirements with your lender.

SFHA NOT DETERMINED

🌡 Heat days >95°F

72 days/yr above 95°F

Plus 24 days above 100°F. NOAA station records, 2016-2025 average.

🌵 Drought (current)

No drought (D1 or worse)

US Drought Monitor county reading, week of 2026-09-15.

Sources: FEMA NFHL · NOAA GHCN-Daily · EPA AQS · US Drought Monitor. Climate rollup last computed Sep 23, 2026.

Recent Comparable Sales

§ 09

1 comparable sale nearbyAddress-level sold detail is available to registered users. Reach out to Allen for the full comparable-sales report.

Subdivision & Master Plan

§ 10

● Master plan

Wharton

TIER: SUBDIVISION

Subdivision name (MLS)Wharton City · ZIPWharton · 77488 CountyWharton Listings in subdivision228 Active now10 Sold (last 12 mo)3 Curated amenities0

● Year-built distribution

No build-year dataWill populate from the parcel roll.

Fire Protection

§ 11

Nearest station

Wharton Fire Department

· Wharton

Distance

0.4 mi

Straight-line from listing

ISO rating

—

Future data point

Avg. response

—

From incident log (future)

Neighborhood Demographics

§ 12 · Census tract 48481740400 · ACS 2023

Median HH income

$51,548

ACS 2023

Median home value

$178,600

Census self-report

Owner-occupied

49%

2,522 housing units

Bachelor's+

20%

Adults 25+

Median age

35.0

Population 6,371

Work from home

1%

of commuters

Commute 45min+

13%

of commuters

Below poverty

17.6%

tract-level

Amenities & Nearby Places

§ 13

Active listing — amenities should populate from the go-live pipeline. Click to fetch now if missing.

Location & Neighborhood