722 Sharp St

20,800 Sq. Ft.
$168 / Sq. Ft.
20,800
Sq. Ft.
$168
per 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...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.
  1. Listed by Mordekhai Harroch • TREC #0725110 • Brokerage DRE #9001961 • Texas Ally Real Estate Group, LLC
    P: (832)-388-3125 C: (832)-388-3125 mharroch@hotmail.com

Property Details for 722 Sharp Street

Subdivision Name
Sharp Addition
LISTING UPDATED: 04/20/2026 11:53 AM

Property Details for 722 Sharp Street

StatusActive
MLS #96682164
Days on Market3
Taxes$31,973 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built2008
Lot Size1.40 AC / 60,950 SF
CountyRobertson County

Location

Listing Courtesy of Texas Ally Real Estate Group, LLC, Mordekhai Harroch, TREC #0725110
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Building Information for 722 Sharp Street

Stories1Residences16Year Built2008Building Size-Lot Size1.40 AC / 60,950 SF

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$20,284 per month

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Principal and Interest

$17,619

Property Taxes

$2,664

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Property Information for 722 Sharp Street

Summary
Location and General Information
  • Directions: From Highway 79, Head North on N Owensville, Right on Carter St, until Sharp St.
  • MLS Area Major: 72
  • Unparsed Address: 722 N Sharp Street
Parking
  • Other Parking: More than Two
Taxes and HOA
  • Tax Annual Amount: $31,973
  • Tax Legal Description: N65OF LT 4, ALL LTS 5 & 6 BL 3 SHARP ADDN 1496/575 1.399 ACR
  • Tax Year: 2025
School Information
  • Elementary School: REYNOLDS ELEMENTARY SCHOOL (FRANKLIN)
  • Elementary School District: 202 - Franklin
  • High School: FRANKLIN HIGH SCHOOL (FRANKLIN)
  • Middle Or Junior School: FRANKLIN MIDDLE SCHOOL
Property
Lot Information
  • Living Area: 20800.0
  • Living Area Source: Appraiser
  • Lot Size Acres: 60950.0
  • Lot Size Source: Appraiser
  • Lot Size Units: SquareFeet
Property and Assessments
  • Disclosures: Seller Disclosure
  • New Construction YN: No
  • Parcel Number: 060800-000180
  • Property Sub Type: MultiFamily
  • Property Type: Multi-Family, ResidentialIncome
  • Public Survey Section: N/A
  • Year Built Source: PublicRecords
Utilities
  • Utilities: ElectricityAvailable, WaterAvailable
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
  • Fencing: Partial
  • Pool Area: No
  • Roof: Composition
  • Security Features: Fire Alarm
Interior Features
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 3
  • Cooling: Central Air, Electric
  • Cooling YN: Yes
  • Flooring: Laminate, Plank, Tile, Vinyl
  • Heating: Central, Electric
  • Heating YN: Yes
  • Interior Features: Window Treatments
  • Laundry Features: WasherHookup, DryerHookup
  • Levels: One
  • Stories: 1
  • Window Features: Window Coverings
Room Information
Room Information
  • Human Modified YN: Yes
Multi Family
Income & Expenses
  • Operating Expense Includes: Insurance, Maintenance, RealEstateTax
Multi Family Information
  • Number Of Units Total: 16
Unit 1
  • Unit Type Beds Total: 3
  • Unit Type Type: ThreeBedroom
  • Unit Type Units Total: 16

Property History for 722 Sharp Street

DateEvent & SourcePriceAppreciation
Apr 18, 2026

Listed (Active)

HARMLS #96682164

$3,499,000
Aug 19, 2022

Sold

HARMLS #96029641

Jul 27, 2022

Sold

Bryan-College Station Regional Multiple Listing Service #22004588

DateEvent & SourcePrice
04/18/2026

Listed (Active)

HARMLS #96682164

$3,499,000
08/19/2022

Sold

HARMLS #96029641

07/27/2022

Sold

Bryan-College Station Regional Multiple Listing Service #22004588

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 722 Sharp Street

Taxable ValueLand$274,275Additions$1,419,185Total$1,693,460
Tax Record2025$31,973 ($2,664 / month)
Home Facts
Total Finished SqFt10,040 SqFtAbove Grade Finished SqFt10,040 SqFtLot Size60,940 SqFtStyleDuplexYear Built2008CountyROBERTSONAPN060800-000180

Schools near 722 Sharp Street

This home is within Franklin Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Rating
School
Distance
Roland Reynolds Elementary School
PublicPK to 4

Franklin Middle School
Public5 to 8

Franklin High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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722 Sharp Street is a multi-family home for sale in Franklin, TX 77856. This property was listed for sale on April 18, 2026 by Texas Ally Real Estate Group, LLC, it's currently listed at $3,499,000. It has been on the market for a total of 3 days and was last sold on August 19, 2022. This listing's school district is Franklin Independent School District. Nearby schools include Roland Reynolds Elementary School, Franklin Middle School and Franklin High School. 722 Sharp Street is a 3-bed, 2-bath, 20,800 sqft multi-family home built in 2008.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Texas Ally Real Estate Group, LLC, Mordekhai Harroch, TREC #0725110

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2026 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2026] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.