23505 Fulkes LN, Leander, TX 78641
23505 Fulkes LN, Leander, TX 78641
23505 Fulkes LN, Leander, TX 78641
23505 Fulkes LN, Leander, TX 78641
23505 Fulkes LN, Leander, TX 78641
23505 Fulkes LN, Leander, TX 78641
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DMTX Realty Group
$ 699,999
Est. payment | /mo

8,010 SqFt


Save
$ 699,999
Est. payment | /mo
Save

8,010 SqFt

Key Details

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,010 sqft

Price per Sqft $87

Subdivision Sandy Creek Ranches Ph 2 Sec

MLS Listing ID 5700948

Year Built 1980

Annual Tax Amount $14,535

Tax Year 2025

Lot Size 2.070 Acres

Acres 2.07

Property Sub-Type Multi Family

Source actris

Property Description

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.

Location

State TX

County Travis

Interior

Heating Space Heater

Cooling Ceiling Fan(s), Wall/Window Unit(s)

Flooring Tile

Fireplace No

Exterior

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Total Parking Spaces 5

Private Pool No

Building

Foundation Slab

Sewer Septic Tank

Water Public

Structure Type See Remarks

New Construction No

Others

Special Listing Condition Standard

Listed by Keller Williams - Lake Travis

Nearby Locations

DMTX Realty Group

Top 1% Real Estate Team in Texas

Over $2 Billion in Total Sales

+1(512) 751-6060

info@dmtx.com

1617 W 6th St Suite C, Austin, TX, 78703, USA

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23505 Fulkes LN