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722 N Sharp St

Franklin, TX 77856
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Just listedJust listed
20,800 Sqft
60,950 Lot Sqft
Multi-Family

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Description

Well-maintained 16-unit multifamily property (8 duplexes) in Franklin, TX featuring rare all 3-bedroom, 2-bath units with limited competing inventory. Conveniently located within 20 minutes of Bryan/College Station and supported by nearby manufacturing and industrial employment. Tenants pay utilities. Ownership handles common area landscaping and general maintenance. Close to $200K in capital improvements completed, including new roofs and gutters, HVAC updates, and ongoing interior renovations, reducing near-term capital needs. Fully leased. Current rents in the $1,300–$1,400 range. Property generates 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 established local vendor relationships in place.

MLS#
96682164
List Price
$3,499,000 ($168/Sqft.)
Listing Status
For Sale
Address
722 N Sharp St
City
Franklin
State
TX
Zip Code
77856
County
Robertson County
Subdivision
Sharp Addition
Legal Description
N65OF LT 4, ALL LTS 5 & 6 BL 3 SHARP ADDN 1496/575 1.399 ACR
Property Type
Multi-Family
Stories
1
Building Size
20,800 Sqft/Appraisal District
Year Built
2008 /Appraisal District
Lot Size
60,950 Sqft/Appraisal District

Exterior

Roof
Composition
Exterior Type
Brick
Parking Unit
More than Two

Extra details you may need to know

List Type
Exclusive Right to Sell/Lease
Unit Feature
Fenced Area,Window Coverings

Financial information

Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$31,973/2025
Tax Rate
1.888

Interior

Floors
Laminate, Tile, Vinyl Plank
Cooling
Central Electric
Heating
Central Electric
Dishwasher
Yes
Disposal
Yes
Microwave
Yes

Rooms

3 Bdr #
16

Lot Information

Lot Size
60,950 Sqft. /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy
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Information source

Houston Association of REALTORS®
Source last updated Apr 18, 2026 at 05:47 PM
Listing last updated Apr 18, 2026 at 03:57 PM
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Cost/Sqft based on tax value

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Estimated Monthly Payments

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Loan Term
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Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Assigned schools

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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
Copyright© 2026 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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