- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
Street View
$3,400,000
Monthly Est:$16,923
3 Beds
2 Baths2 full baths
20,800sqft
722 N Sharp St, Franklin, TX 77856
$3,400,000
$16,923/moEst:
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Multi Family
Built in 2008
$-- HOA
1.4 acres lot
$163/sq.ft
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.
- Houzeo last checked: 1 minute ago
- Listing updated: May 15, 2026 at 1:53 pm
- Listing Provided by: Mordekhai Harroch (183) 238-83125 | Texas Ally Real Estate Group, LLC (512) 763-2559
- Source: Houston Association of Realtors | MLS#: 96682164
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
2008
HOA Fees
-
Finished Area
20,800 sqft
Lot Size
1.4 acres lot
Basement Area
- sqft
MLS Name
Houston Association of Realtors
MLS Number
96682164
MLS Status
Active
Days on Market
176
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Interior
Flooring
Laminate, Tile, Vinyl Plank
Window Features
Window Coverings
Cooling
Electric
Appliances
Range, Disposal, Microwave, Dishwasher, Refrigerator
Heating
Electric
Construction
Year Built
Year Built: 2008
Home type
Multi Family
Construction Materials
Brick
Roof
Composition
Utilities & Energy
Parking Features
More Than Two
Laundry Features
Washer/dryer Connections
Utilities
Electric, Water Connected
Other Features
Disclosures
Sellers Disclosure
Subdivision Name
Sharp Addition
Price History
| Date | Event | Price |
|---|---|---|
05/03/2026 Source: | Price Decreased | $3,449,000 -1.43% $166/sqft |
04/18/2026 Source: | Listed for Sale | $3,499,000 +2.91% $168/sqft |
04/18/2026 Source: | Price Increased | $3,400,000 +106.06% $163/sqft |
09/08/2022 Source: | Sold | $1,650,000 $79/sqft |
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