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0 Beds
0 Baths
8,010 sqft

$699,999

23505 Fulkes LN, Leander TX, 78641

Price per sqft$87.39
Built in1980
Property size8,010 sqft
Property typeCommercial
Courtesy of Keller Williams - Lake Travis, Alice Duffy Listing Contact: (512) 784-2345

Overview

Active

Listed Mar 5, 2026

Updated Aug 7

Amazing family compound or income-producing property located at 23505 Fulkes Ln. This unique property includes four homes on one site, offering excellent potential for multigenerational living, rental income, or investment. The property consists of one main home at the front and three additional units at the back. The front home is a well-maintained 4-bedroom, 2-bath residence with its own separate water connection and septic system. The three homes at the rear of the property are currently tenant-occupied, with one structure divided into two separate units, bringing the total to four rental units in the back area. Current rental income in the rear units includes $1,300/month, $1,000/month, $1,300/month, and $1,700/month, providing strong income potential. The front home could potentially rent for approximately $2,000/month. There are three septic systems on the property (one permitted and two unpermitted). The front home has its own water meter, while the rear units are currently receiving water from a neighboring property. The sellers are working with the water company to install an additional meter so the rear units can operate under their own dedicated account. Great opportunity for an investor or buyer looking for multiple income streams or a large family compound with rental potential.

Additional information

MLS® ID
5700948

Interior Features

Bedrooms
0
Bathrooms
0
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
2.07 Acres

Other Property Details

Taxes
$14,536
Tax Frequency
Annually
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Listings courtesy of Austin/Central Texas Realty Information Service as distributed by MLS GRID

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