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For sale
  • Price cut: $49K (5/15)
    $3,400,000

    722 N Sharp St, Franklin, TX 77856

    3beds
    20,800sqft
    : 
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    Multi Family
    Built in 2008
    -- sqft lot
    $3,105,900 Zestimate®
    $163/sqft
    $-- HOA

    What's special

    Hvac upgradesInterior renovationsNew roofs and gutters
    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.
    55 days
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    55
    |
    1
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    Zillow last checked:

    Listing updated:

    Listed by:

    Mordekhai Harroch TREC #0725110 832-388-3125,

    Texas Ally Real Estate Group, LLC

    Source: HAR,MLS#: 96682164MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Electric
      Cooling
      • Electric
      Appliances
      • Included: Range, Disposal, Microwave, Dishwasher, Refrigerator
      • Laundry: Washer/Dryer Connections
      Features
      • Flooring: Laminate, Tile, Vinyl
      • Windows: Window Coverings
      Interior area
      • Total structure area: 20,800
      • Total interior livable area: 20,800 sqft

      Property

      Parking
      • Parking features: More Than Two Parking Units
      Features
      • Stories: 1
      • Fencing: Fenced
      Lot
      • Size: 1.4 Acres
      Details
      • Parcel number: 060800000180

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 2008

      Utilities & green energy

      • Utilities for property: Electricity Available, Water Connected

      Community & HOA

      Community
      • Subdivision: Sharp Addition
      Location
      • Region: Franklin

      Financial & listing details

      • Price per square foot: $163/sqft
      • Tax assessed value: $1,693,460
      • Annual tax amount: $31,973
      • Date on market: 4/18/2026
      • Lease term: 1 Year
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        Estimated market value

        $3,105,900

        $2.95M - $3.26M

        $1,469/mo

        Price history

        DateEventPrice
        5/15/2026Price change$3,400,000-1.4%$163/sqft
        Source: HAR #96682164 Report a problem
        5/3/2026Price change$3,449,000-1.4%$166/sqft
        Source: HAR #96682164 Report a problem
        4/18/2026Listed for sale$3,499,000+75%$168/sqft
        Source: HAR #96682164 Report a problem
        7/27/2022Sold--
        Source: BCSMLS #22004588 Report a problem
        5/26/2022Pending sale$2,000,000$96/sqft
        Source: HAR #96029641 Report a problem
        4/1/2022Listed for sale$2,000,000$96/sqft
        Source: HAR #96029641 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$31,973 +0.6%$1,693,460 +2.6%
        2024$31,790 -4.6%$1,650,000
        2023$33,328 +50.2%$1,650,000 +57.7%
        2022$22,194 -27.9%$1,046,560 -28.2%
        2021$30,764 +46.5%$1,457,436 +46.5%
        2020$20,997 +238.5%$994,758 +52.2%
        2018$6,204 $653,600 +7.8%
        2017-- $606,230
        2016-- $606,230 -28%
        2015-- $841,430 +26.8%
        2014-- $663,682
        2013-- $663,682 -8.6%
        2012-- $726,348 0%
        2011-- $726,390 -1.1%
        2010-- $734,480 +112%
        2009-- $346,400 +1839.5%
        2008-- $17,860
        2007-- --

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

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          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 77856

          Getting around

          24 / 100
          Car-Dependent
          31 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Reynolds Elementary School (Franklin)
          • Middle: Franklin Middle School
          • High: Franklin High School (Franklin)

          Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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