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Live MLS data via Repliers. Not for redistribution. © 2026
  1. Home›
  2. Franklin homes for sale›
  3. 722 Sharp

$3,400,000

▼ 3% from $3,499,000
722 Sharp
Franklin, TX, 77856
3beds·2baths·20,800sq ft

About this home

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.

Property details

Year built
2008
Property type
Residential Income
Style
Multi Family,5 Plus
Heating
Electric
Cooling
Electric
Lot
1.3992 acres
Taxes / yr
$31,973
Estimated monthly
$24,188/mo
P&I $18,096 · Tax $5100/mo · Ins $992/mo

Estimate only. Taxes and insurance are typical TX defaults; check exact figures before buying.

Listed by
Texas Ally Real Estate Group, LLC
Mordekhai Harroch
MLS96682164Listed4/18/2026Days on market27
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