Date
Details
Price
Change
Source
4/18/2026
Listed
$3,499,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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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.
Full Property Details
Full Property Details for 722 N Sharp St
General
- Price: $3,499,000
- Taxes: $31,973 (2025)
- Status: Active
- Type: Multi-Family
- Source: Houston
- MLS ID: 96682164
- Updated: 4/20/2026
- Added to Site: 4 day(s) ago
Interior
- Interior Features: Window Treatments
- Appliances: Dishwasher, Disposal, Microwave, Refrigerator
- Flooring: Laminate, Plank, Tile, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Washer Hookup, Dryer Hookup
Additional Information
- Security/Safety: Fire Alarm
Location
- Area: 72
- County: Robertson
- Subdivision: Sharp Addition
- Driving Directions: From Highway 79, Head North on N Owensville, Right on Carter St, until Sharp St.
School Information
- Elem School District: 202 - Franklin
- Midd School District: 202 - Franklin
- High School District: 202 - Franklin
- Elementary School: REYNOLDS ELEMENTARY SCHOOL (FRANKLIN)
- Middle School: FRANKLIN MIDDLE SCHOOL
- High School: FRANKLIN HIGH SCHOOL (FRANKLIN)
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Utility Description: Electricity Available, Water Available
Structural Information
- Construction: Brick
- Roof: Composition
- Windows: Window Coverings
- Stories/Levels: 1
- Square Feet: 20,800
- Sq. Ft. Source: Appraiser
- Living Area: 20,800 Sq. Ft.
- Year Built: 2008
- Year Built Source: Public Records
Lot Features
- Lot Size Source: Appraiser
- Fencing (Description): Partial
Financial Considerations
- Tax Amount: $31,973
- Tax Year: 2025
Disclosures and Reports
- Legal Description: N65OF LT 4, ALL LTS 5 & 6 BL 3 SHARP ADDN 1496/575 1.399 ACR
- Legal Disclosures: Seller Disclosure
- APN: 060800-000180
Listed by Texas Ally Real Estate Group, LLC (512) 763-2559, Mordekhai Harroch (832) 388-3125
We Value Your Privacy
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Listing agent
— 722 N Sharp St —
Mordekhai Harroch
Texas Ally Real Estate Group, LLC
832-388-3125
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 722 N Sharp St
School District:Franklin Independent School District
| Name | Grades | Distance |
|---|---|---|
Roland Reynolds Elementary School 317 North Owensville, Franklin, TX 77856 | PK-4 | 0.3 mi |
Franklin Middle School 1098 West Decherd Street, Franklin, TX 77856 | 5-8 | 1.3 mi |
Franklin High School, Franklin, TX 1252 West Farm to Market 1644, Franklin, TX 77856 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 722 N Sharp St
Tax History
Tax History for 722 N Sharp St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$31,973
51%
$1,693,460
3%
2022
$21,139
—
$1,650,000
58%
2022
$21,139
-12%
$1,046,560
-28%
2021
$23,953
—
$1,457,436
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 722 N Sharp St
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- Farm Single-Family
- Active
- Updated 5 days ago
- 3Beds
- 3Total Baths
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722 N Sharp Street, Franklin, TX 77856 (MLS# 96682164) is a Multi-Family property with 16 units containing 3 bedrooms and 2 full bathrooms. 722 N Sharp Street is currently listed for $3,499,000 and was received on April 18, 2026. Want to learn more about 722 N Sharp Street? Do you have questions about finding other Multi-Family real estate for sale in Franklin? You can browse all Franklin real estate or contact a Coldwell Banker agent to request more information.