722 N Sharp Street Franklin, TX $ 3,499,000
722 N Sharp Street
$ 3,499,000
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722 N Sharp Street

Franklin, TX, 77856
$ 3,499,000
Bedrooms3 Baths2.0 Sq 20,800

Monthly Estimate*

$ 21,544

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Multi-Family Home for sale in Franklin, TX

for $3,499,000 with 3 bedrooms and 2 full baths. This 20,800 square foot home was built in 2008.

Attractive 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.

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Multi-Family Active

Price

$ 3,499,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 31,973

Style

Year Built

2008

Town/City

Franklin

County/Region

Robertson

MLS | Web ID

96682164

Features
General
Heating Central Electric
Cooling Central Air Electric
Utilities Electricity Available Water Available
Roof Composition
Appliances Dishwasher Disposal Microwave Refrigerator
Security Features Fire Alarm
Construction Materials Brick
Year Built 2008
Stories Count 1
Levels One
Property Subtype Multi Family
Tax Year 2025
County Robertson
New Construction false
Property Type Residential Income
Subdivision Name Sharp Addition
Full Baths 2
Status Active
Directions From Highway 79 Head North on N Owensville Right on Carter St until Sharp St.
High School FRANKLIN HIGH SCHOOL (FRANKLIN)
City Franklin
Disclosures Seller Disclosure
High School District 202 - Franklin
Number Of Units Total 16
MLS Area 72
Lot Size Units Square Feet
Elementary School REYNOLDS ELEMENTARY SCHOOL (FRANKLIN)
Tax Annual Amount 31973
Middle/Junior High School FRANKLIN MIDDLE SCHOOL
Standard Status Active
Middle/Junior School District 202 - Franklin
Elementary School District 202 - Franklin
Year Built Source Public Records
Legal Description N65OF LT 4 ALL LTS 5 & 6 BL 3 SHARP ADDN 1496/575 1.399 ACR
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Interior
Interior Amenities Window Treatments
Flooring Laminate Plank Tile Vinyl
Air Conditioning Y/N true
Heating Y/N true
Window Features Window Coverings
Laundry Features Washer Hookup Dryer Hookup
Total Bedrooms 3
Total Baths 2
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Exterior
Fencing Partial
Lot Size Area 60950
Building Area Total 20800
Other Parking More than Two
Lot Size Source Appraiser
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* Excluded Features
List By
Texas Ally Real Estate Group, Llc

Broker

mharroch@hotmail.com

Email

Affordability Calculator

$24,208
Per Month
89%
11%
0%
Monthly Principal & Interest
$21,544
Monthly Property Taxes
$2,664
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
FRANKLIN HIGH SCHOOL (FRANKLIN) High School High School
Pricing History
DatePricePrice ChangeDescription
4/18/2026$3,499,000 Listed Price

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722 N Sharp Street, Franklin, TX, 77856 is a Multi-Family Home for sale at $3,499,000 with 20,800 sqft. 722 N Sharp Street has 3 bedrooms, 2.0 baths, and was built in 2008. The property's zip code is 77856 which is in Franklin, TX