About 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.
Amenities of 23505 Fulkes Ln
| Utilities |
Electricity Connected, Sewer Connected, Water Connected
|
| Parking |
Gravel
|
Interior of 23505 Fulkes Ln
| Interior |
Tile
|
| Heating |
Space Heater
|
| Fireplace |
No
|
Exterior of 23505 Fulkes Ln
| Construction |
See Remarks
|
| Foundation |
Slab
|
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Data Provided By: Keller Williams - Lake Travis(512) 784-2345. Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from September 26th, 2026 at 7:45pm CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Map to 23505 Fulkes Ln, Leander
