Properties

Leander, TX 78641 23505 Fulkes Ln

23505 Fulkes Ln Leander, TX - Image 123505 Fulkes Ln Leander, TX - Image 223505 Fulkes Ln Leander, TX - Image 3
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Presented By: Keller Williams - Lake Travis;
  • MLS# 5700948
  • 03/05/2026
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  • SQFT • 8,010

Home Details

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.
Presented By: Keller Williams - Lake Travis;

Interior Features for 23505 Fulkes Ln

Bedrooms

Total Bedrooms

Bathrooms

Total Baths

Other Interior Features

FlooringTile

General for 23505 Fulkes Ln

AccessibilityNone
Building FeaturesLiving Area, Multi-User
CityLeander
Construction MaterialsSee Remarks
CoolingCeiling Fan(s), Wall/Window Unit(s)
CountyTravis
Current UseMulti-Family
DirectionsFrom Downtown Leander, head north on US-183/US-183A toward Hero Way. Turn left onto Hero Way West and continue for approximately 2 miles. Then turn right onto Fulkes Lane and follow it to 23505 Fulkes
DisclosuresNone
Energy EfficientNone
Green SustainabilityNone
HeatingSpace Heater
Leasable Area6180
Lease TypeGross
Lot Size Square Feet90169.2
MLS AreaLN
New ConstructionNo
Operating Expense0
Other StructuresGarage(s)
Property ConditionResale
Property SubtypeMulti Family
Property TypeCommercial Sale
Security FeaturesFire Alarm
SewerSeptic Tank
Standard StatusActive
StatusActive
Subdivision NameSandy Creek Ranches Ph 2 Sec
Tax Annual Amount14535.57
Tax Assessed Value771472
Tax Year2025
UtilitiesElectricity Connected, Sewer Connected, Water Connected
Year Built1980
Year Built SourcePublic Records

Exterior for 23505 Fulkes Ln

Building Area Total8010
Foundation DetailsSlab
Horse Y/NNo
Lot Size Acres2.07
Number of Buildings4
Other EquipmentNone
Parking FeaturesGravel
Total Parking5
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Connect Realty

Price $699,999
MLS#5700948
List Date 03/05/2026
Property Type Commercial
Phone 888.795.6274
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2170 Buckthorne PL. #100
The Woodlands, TX 77380
866-938-0924
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