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722 N Sharp Street, 
Franklin, TX 77856

$3,449,000


3

Beds


2

Baths


20,800

Sq Ft


Multi-Family

Active

Listed by

Mordekhai Harroch

Texas Ally Real Estate Group, LLC.

512-763-2559

Last updated:

May 3, 2026, 11:46 AM

MLS#

96682164

Source:

HARMLS

About This Home

722 N Sharp Street

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.

Home Facts

Multi-Family

2 Baths

3 Bedrooms

Built in 2008

Price Summary

3,449,000

$165 per Sq. Ft.

MLS #:

96682164

Last Updated:

May 3, 2026, 11:46 AM


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

20,800 Sq. Ft.


Structure

Structure

Building Area:

20,800 Sq. Ft.

Year Built:

2008


Finances & Disclosures

Finances

Price:

$3,449,000

Price per Sq. Ft:

$165 per Sq. Ft.

Source:HARMLS
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.