722 Sharp, Franklin, Texas

$3,499,000
Active
722 Sharp, Franklin, Texas
722 Sharp, Franklin, Texas
722 Sharp, Franklin, Texas
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Property Details

MLS ID: 96682164
Status: Active
Price: $3,499,000
Type: Multi-Family, Residential
Address: 722 Sharp
City, State: Franklin, TX
County: Robertson County
ZIP Code: 77856
Lat/Long: 31.03299, -96.48485
Parcel Number: 060800-000180
Bedrooms: 3
Bathrooms: 2
SqFt: 20,800
Year Built: 2008

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.

Directions: From Highway 79, Head North on N Owensville, Right on Carter St, until Sharp St.

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Cody Maxwell

Cody Maxwell

Capitol Ranch Real Estate, LLC

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Cody Maxwell
Capitol Ranch Real Estate, LLC
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Copyright 2026, Houston REALTORS® Information Service, Inc. The information provided is exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Listed By: Mordekhai Harroch of Texas Ally Real Estate Group, Llc - (832) 388-3125