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$3,499,000
11 Days On Site

722 N Sharp Street
Franklin, TX 77856

For Sale|Multi Family|Active
3
Beds
2
Total Baths
2
Full Baths
20,800
SqFt
$168
/SqFt
2008
Built
Subdivision:
Sharp Addition
County:
Robertson
Call Now: (817) 525-0851
Is this the listing for you? We can help make it yours.
(817) 525-0851
722 N Sharp Street722 N Sharp Street722 N Sharp Street722 N Sharp Street
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Monthly Payment (Est.)

$15,964
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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.

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Listing Snapshot
Price 
$3,499,000
Days On Site 
11 Days
Bedrooms 
3
Inside Area (SqFt) 
20,800 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
1.3992 Acres
Year Built 
2008
MLS® Number 
96682164
Status 
Active
Property Tax 
$31,973
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
2 weeks agoListing first seen on site
General Features
Acres 
1.3992
Disclosures 
Sellers Disclosure
Lease Term 
12 Months
Number Of Stories 
1
Property Sub Type 
Multi Family
SqFt Total 
20800
Utilities 
Water Connected
Interior Features
Appliances 
RangeDisposalMicrowaveDishwasherRefrigerator
Cooling 
Electric
Flooring 
LaminateTileVinyl
Heating 
Electric
Window Features 
Window Coverings
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Exterior Features
Construction Details 
Brick
Roof 
Composition
Windows/Doors 
Window Coverings
Community Features
MLS Area 
72
School District 
202 - Franklin
Schools
School District
202 - Franklin
Elementary School
Reynolds Elementary School (Franklin)
Middle School
Franklin Middle School
High School
Franklin High School (Franklin)
Listing courtesy of Texas Ally Real Estate Group, LLC [email protected]

IDX information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed accurate by the MLS.

Data provided by HAR.com © 2026. All information provided should be independently verified.

Neighborhood & Commute
Source: Walkscore
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