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23505 Fulkes Ln
Leander TX 78641 US

$699,999

Active Listing ID 5700948
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Lot: 2.07 Acres
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Other

$699,999

Active Listing ID 5700948
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23505 Fulkes Ln 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.

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Property Features

  • Facts
  • Lot Size: 2.07 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Ceiling Fan(s), Wall/Window Unit(s), Window Unit(s)
  • Floor Covering: Tile
  • Heating Fuels: Space Heater

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 699999
  • unparsedaddress: 23505 Fulkes Ln
  • postalcity: Leander
  • stateorprovince: TX
  • country: US
  • postalcode: 78641
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 2.07
  • lotsizeunits: Acres
  • lotsizearea: 2.07
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 30.57881637
  • longitude: -97.95816458
  • listagentfullname: Alice Duffy
  • listagentemail: aliceduffy@kw.com
  • listagentkey: 3yd-ABORTX-681288
  • listagentmlsid: 681288
  • listagentpreferredphone: 5127842345
  • listagentofficephone: 5127842345
  • listofficekey: 3yd-ABORTX-2497
  • listofficemlsid: 2497
  • disclaimer: Copyright © 2026 Unlock MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: ABORTX
  • yearbuilt: 1980
  • listingcontractdate: 2026-03-05
  • listagenturl: http://www.kwaustin.com
  • countyorparish: Travis
  • parcelnumber: 05177707160000
  • cooling: Ceiling Fan(s), Wall/Window Unit(s), Window Unit(s)
  • flooring: Tile
  • heating: Space Heater
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 5
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • speciallistingconditions: Standard
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -97.95817, 30.578815
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"KWATX Broker LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"aliceduffy@kw.com", "ListBrokerageCity":"Austin", "ListBrokerageCountry":"US", "ListBrokerageEmail":"mecook@kw.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"KWATX Broker LLC", "ListBrokeragePhone":"(512) 448-4111", "ListBrokeragePostalCode":"78746", "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":"Suite 100", "ListBrokerageUnparsedAddress":"1801 S. Mopac Expressway", "ListBrokerageWebsiteUrl":"http://www.kwaustin.com", "ListOfficeAddress1":"1921 Lohman's Crossing Suite 100", "ListOfficeAddress2":"Suite 100", "ListOfficeBrokerMlsId":"2497", "ListOfficeCity":"Austin", "ListOfficeCountry":"USA", "ListOfficeEmail":"mecook@kw.com", "ListOfficePostalCode":"78734", "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Leander, TX", "ListingURL":null, "MLSModificationTimestamp":"2026-03-07 14:39:13", "Neighborhoods":[{"Description":null, "Name":"Sandy Creek Ranches Ph 2 Sec"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":14536, "TaxDescription":"LOT 31 SANDY CREEK RANCHES PHS 2 SEC 1", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 3/7/2026 2:48:53 PM GMT
Source Updated Date: 3/12/2026 7:22:26 AM GMT

Courtesy of: Alice Duffy, Keller Williams - Lake Travis, aliceduffy@kw.com

Copyright © 2026 Unlock MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.