USATXLeanderSandy Creek Ranches Ph 2 Sec23505 Fulkes Rd
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$699,999

For Sale

2 months ago

23505 Fulkes Rd, Leander, TX

House

MLS® 5700948

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage 
Taxes $14,536
Days Active 49
Lot Size 
Approx. Age 1980
MLS® Number 5700948

Property Address: 23505 Fulkes Rd, Leander, TX, 78641-9245

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number5700948
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1980
Basement
DrivewayGravel
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 5, 2026List Date
$699,999List Price
  • Commute

Commute

Starting Address
Destination Address
23505 Fulkes Rd, Leander, TX

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