





| Elementary | ROLAND REYNOLDS EL | A |
| Middle | FRANKLIN MIDDLE | A |
| High | FRANKLIN H S | A |
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.
| Property Type | Residential Income |
| Property Sub Type | Multi Family |
| Year Built | 2008 |
| Year Built Source | PublicRecords |
| New Construction | No |
| Stories | 1 |
| Levels | One |
| Living Area | 20,800 sq ft |
| Living Area Source | Appraiser |
| Building Area Total | 20,800 sq ft |
| Construction | Brick |
| Roof | Composition |
| Bedrooms | 3 |
| Bathrooms (total) | 2 |
| Bathrooms Full | 2 |
| Interior Features | Window Treatments |
| Flooring | Laminate, Plank, Tile, Vinyl |
| Appliances | Dishwasher, Disposal, Microwave, Refrigerator |
| Laundry | Washer Hookup, Dryer Hookup |
| Windows | Window Coverings |
| Security | Fire Alarm |
| Fencing | Partial |
| Lot Size (sq ft) | 60,950 |
| Lot Size Source | Appraiser |
| County | Robertson |
| MLS Area Major | 72 |
| Subdivision | Sharp Addition |
| Postal Code | 77856 |
| Heating | Central, Electric |
| Cooling | Central Air, Electric |
| Tax Annual Amount | $31,973 |
| Tax Year | 2025 |
| Tax Rate (est.) | 0.94% |
| Parcel # | 060800-000180 |
| Legal Description | N65OF LT 4, ALL LTS 5 & 6 BL 3 SHARP ADDN 1496/575 1.399 ACR |
| Disclosures | Seller Disclosure |
Texas Water Code §49.452 requires districts to publish annual notices with tax rate, bonded indebtedness, and assessed value. Most Harris-area MUDs publish these; a handful managed by Inframark do not.
Request this noticeThe §49.452 notice is the only public document that lists a MUD's exact tax rate, outstanding bond debt, and the assessed value used to compute your taxes — direct from the district, not the MLS. If the district is newer or has more bonds outstanding than its neighbors, your effective tax rate will be higher here than just across the street.