$3,400,000
Original price: $3,449,000
3 Beds
2 Baths
20,800 sqft (on 1.40 acres)
722 N Sharp St, Franklin, TX 77856
Est. Mortgage $20,705/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 2008
1.4 acre lot
$163/sqft
Local Information
- Map ViewExplore the area around 722 N Sharp St.
- Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
- Shop & Eat
-- mins to
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.
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.
Last check for updates: about 11 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.
Home Details for 722 N Sharp St
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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 |
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Exterior Home Features Roof: CompositionFencing: FencedNo Private Pool |
Parking & Garage No CarportNo GarageParking: More Than Two Parking Units |
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Days on Market: 156 |
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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 |
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Price List Price: $3,400,000Price Per Sqft: $163 |
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MLS Status: Active |
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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 |
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Listing Agent Listing ID: 96682164 |
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Building Area Building Area: 20800 Square Feet |
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Lot Area: 1.3992 Acres |
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Mls Number: 96682164 |
Around this home
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.
Market trends in Franklin
Last updated August 2026
Avg. sale price
—
Sale-to-List Price
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Price per sq ft
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Available listings
50
6MoM
Home Value
Trulia Estimate
$3.05MSince last month
Increased$9K (+0.3%)Since last year
Increased$1M (+76.6%)Learn more about this home's value by checking out its Trulia Estimate and the value of nearby homes.
Trulia Estimate
The of this home's value increased by +745% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $3.06M |
| August 2026 | $3.05M |
| July 2026 | $3.07M |
| June 2026 | $3.07M |
| May 2026 | $3.12M |
2025 | |
2024 | |
2023 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.03 | $50,000 | - | - | - | For Sale | |
0.04 | $55,000 | - | - | - | For Sale | |
0.06 | $55,000 | - | - | - | For Sale | |
0.06 | $305,200 | 3 | 2.5 | 1,816 | Off Market | |
0.06 | $85,700 | 1 | 1 | 720 | Off Market | |
0.06 | - | 3 | 2.5 | 1,630 | Recently Sold | |
0.06 | $138,600 | 3 | 2 | 1,824 | Off Market | |
0.06 | $112,400 | 4 | 2 | 1,570 | Off Market | |
0.06 | - | 3 | 2 | 1,427 | Recently Sold | |
0.06 | - | 3 | 2 | 1,444 | Recently Sold | |
0.06 | - | 3 | 2 | 1,436 | Recently Sold |
Price and Tax history
| Date | Event | Price |
|---|---|---|
May 15, 2026 Source: HAR #96682164 | PriceChange | $3,400,000 Price decreased by 1% |
May 3, 2026 Source: HAR #96682164 | PriceChange | $3,449,000 Price decreased by 1% |
Apr 18, 2026 Source: HAR #96682164 | Listed For Sale | $3,499,000 |
Jul 27, 2022 Source: BCSMLS #22004588 | Sold | -- |
May 26, 2022 Source: HAR #96029641 | Pending | $2,000,000 |
Apr 1, 2022 Source: HAR #96029641 | Listed For Sale | $2,000,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $31,973 | $1,693,460 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
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.
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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 $21,119 (about $18,437 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 $3,053,700.
- 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.
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.