722 N Sharp St, Franklin, TX 77856
Property image
Property image
FOR SALE
1.4 ACRES

722 N Sharp St
Franklin, TX 77856

  • 3 Beds
  • 2 Baths
  • 20,800 sqft (on 1.40 acres)

$3,400,000

Original price: $3,449,000
Est. Mortgage $19,910/mo*
Get Pre-Qualified

$3,400,000

Original price: $3,449,000
Est. Mortgage $19,910/mo*
Get Pre-Qualified
3 Beds
2 Baths
20,800 sqft
(on 1.40 acres)

Home Highlights

Climate Control
Heating & Cooling
Price/Sqft
$163
Listed
111 days ago

Local Information

  • Map ViewExplore the area around 722 N Sharp St.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

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.

Home Details for 722 N Sharp St

Interior Features

Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 20800 Square Feet
Appliances & Utilities
Utilities: Electricity Available, Water ConnectedAppliances: Range, Disposal, Microwave, Dishwasher, RefrigeratorDishwasherDisposalLaundry: Washer/Dryer ConnectionsMicrowaveRefrigerator
Heating & Cooling
Heating: ElectricHas CoolingAir Conditioning: ElectricHas HeatingHeating Fuel: Electric
Windows, Doors, Floors & Walls
Window: Window CoveringsFlooring: Laminate, Tile, Vinyl
Levels, Entrance, & Accessibility
Stories: 1Floors: Laminate, Tile, Vinyl

Exterior Features

Exterior Home Features
Roof: CompositionFencing: FencedNo Private Pool
Parking & Garage
No CarportNo GarageParking: More Than Two Parking Units

Days on Market

Days on Market: 111

Property Information

Year Built
Year Built: 2008
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: BrickNot a New Construction
Property Information
Parcel Number: 060800000180

Price & Status

Price
List Price: $3,400,000Price Per Sqft: $163

Active Status

MLS Status: Active

Location

Direction & Address
City: FranklinCommunity: Sharp Addition
School Information
Elementary School: Reynolds Elementary School (Franklin)Jr High / Middle School: Franklin Middle SchoolHigh School: Franklin High School (Franklin)High School District: 202 - Franklin

Agent Information

Listing Agent
Listing ID: 96682164

Building

Building Area
Building Area: 20800 Square Feet

Lot Information

Lot Area: 1.3992 Acres

Miscellaneous

Mls Number: 96682164
Last check for updates: about 6 hours ago
Listing courtesy of Mordekhai Harroch TREC #0725110, (832) 388-3125
Texas Ally Real Estate Group, LLC
Source: HAR, MLS#96682164
Also Listed on HAR.

Market trends in Franklin

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
46
2MoM

Price History for 722 N Sharp St

DatePriceEventSource
05/15/2026$3,400,000PriceChange
HAR #96682164
05/03/2026$3,449,000PriceChange
HAR #96682164
04/18/2026$3,499,000Listed For SaleHAR #96682164
07/27/2022--Sold
BCSMLS #22004588
05/26/2022$2,000,000PendingHAR #96029641
04/01/2022$2,000,000Listed For SaleHAR #96029641

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Property Tax and Assessment

Year2025
Tax$31,973
Assessment$1,693,460
Home facts updated by county records

Nearby homes

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Assigned Schools

These are the assigned schools for 722 N Sharp St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Franklin

At least 4 Trulia users voted on each feature.

  • 100 % Say parking is easy

  • 90 % Say there's holiday spirit

  • 88 % Say yards are well-kept

  • 80 % Say it's quiet

  • 75 % Say there are community events

  • 63 % Say people would walk alone at night

  • 60 % Say there's wildlife

  • 50 % Say kids play outside

  • 50 % Say car is needed

  • 44 % Say they plan to stay for at least 5 years

  • 43 % Say it's walkable to restaurants

  • 36 % Say neighbors are friendly

  • 33 % Say it's dog friendly

  • 29 % Say it's walkable to grocery stores

  • 14 % Say there are sidewalks

Sourced by Trulia users. Learn more about our methodology.
  • Charles. Bauer
    "Good schools here and parks for sports. Fishing at camp creek lake and lake Somerville. New housing "
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  • Pamela.bauer
    "Best ISD in the area small town with all conviences Not enough restaurants Have to go to bigger city near by for medical and big grocery "
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  • Charles. Bauer
    "Lots of space to run have fun, get dirty and be a dog. On my land Cooper stays on his property, we just pay the bills. "
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  • Cindy B.
    "We don't have children at home but Franklin has excellent schools and lots of outside activities for children. Hunting and Fishing are both popular sports for young and old alike. Pop is under 1200 only has one grocery, 1 drug. You have to drive to Bryan to do any serious shopping"
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LGBTQ Local Legal Protections

Frequently asked questions about 722 N Sharp St

  • What is the estimated monthly payment for 722 N Sharp St?
    Based on a $3,400,000 list price with 20% down at today's rates, the estimated monthly payment for 722 N Sharp St in Franklin, TX is approximately $20,324 (about $17,642 principal & interest, $2,607 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • What are the closest schools to 722 N Sharp St?
    The closest schools to 722 N Sharp St in Franklin, TX are Franklin High School (rated 7/10), Franklin Middle School (Elementary, rated 9/10), Roland Reynolds Elementary School (Pre-K, rated 10/10).
  • What is 722 N Sharp St estimated to be worth?
    Trulia's estimated value for 722 N Sharp St in Franklin, TX is $3,075,600.
  • Does 722 N Sharp St have air conditioning?
    Yes, 722 N Sharp St in Franklin, TX has air conditioning.
  • Does 722 N Sharp St have laundry facilities?
    Yes, 722 N Sharp St in Franklin, TX has laundry facilities.
  • Does 722 N Sharp St have parking?
    Yes, 722 N Sharp St in Franklin, TX has on-site parking.
Mordekhai Harroch, Texas Ally Real Estate Group, LLC
Agent Phone: (832) 388-3125
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.
722 N Sharp St, Franklin, TX 77856 is a 3 bedroom, 2 bathroom, 20,800 sqft multi-family built in 2008. This property is currently available for sale and was listed by HAR on Apr 18, 2026. The MLS # for this home is MLS# 96682164.