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722 N Sharp St, Franklin, TX 77856

  • $3,400,000

  • 3

    bed

  • 2

    bath

  • 20,800

    Sqft ($163/Sqft)

Multi-family for sale 74 days
$49K price drop
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About 722 N Sharp St

Property type Multi-family
Neighborhood
Year built 2008
HOA fee $0/month
Lot size 1.4 Acre
Movoto estimate
Property description
Attractive and well-maintained 16-unit multifamily investment in Franklin, TX consisting of 8 duplexes with a hard-to-find all 3-bedroom, 2-bath layout and limited competing inventory, supporting strong and consistent tenant demand. Located within 20 minutes of Bryan/College Station with access to nearby manufacturing and industrial employment. Fully leased and producing immediate cash flow. Tenants pay utilities, helping maintain efficient operating margins. Nearly $200K in capital improvements completed, including new roofs and gutters, HVAC upgrades, and interior renovations, reducing near-term capital needs. Current rents range from $1,300 to $1,400, generating approximately $190K–$200K NOI. Additional upside through continued rent growth, washer/dryer installation (connections in place), and further interior and site enhancements. On-site management and vendor relationships in place, providing for a smooth transition and ease of ownership.
Listed by
Listing Agent - Mordekhai Harroch
Listing Office - Texas Ally Real Estate Group, LLC
Source: HARMLS mls logo
MLS#96682164 • last updated 1 month ago
Movoto checked HARMLS for data 7 minutes ago
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Overview
Cooling/AC Electric
Heating Electric
Type Residential Income
SqFt 20800
Status Active
MLS # 96682164
Lot Size (Acres) 1.3992
Lot Size (Sqft) 60950
Property Tax 31973
Year Built 2008
Interior
Total # of Bathrooms 2
# of Full Baths 2
Total # of Bedrooms 3
Laundry Washer/Dryer Connections
Flooring Laminate, Tile, Vinyl Plank
Appliances Range, Disposal, Microwave, Dishwasher, Refrigerator
Exterior
Roof Composition
Construction Brick
Parking More Than Two
Fencing Fenced Area
Amenities / Utilities
Location
County Robertson
Subdivision Sharp Addition
Elementary School Reynolds Elementary School (Franklin)
High School District 202 - Franklin
High School Franklin High School (Franklin)
Middle School Franklin Middle School
Directions From Highway 79, Head North On N Owensville, Right On Carter St, Until Sharp St.
APN 60800000180
Multifamily Details
Total # of Units 1
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Source: GreatSchools.org © 2026. All rights reserved.

Around Sharp Addition

Explore everything this neighborhood has to offer.
22/100
Walk
87/100
Family
7/100
Dining
60/100
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  • Real Estate
  • TX
  • Robertson County
  • Franklin
  • 77856
  • 722 N Sharp St

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