Date
Details
Price
Change
Source
3/05/2026
Listed
$699,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/40
$699,999 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/40
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.
Full Property Details
Full Property Details for 23505 Fulkes Ln
General
- Price: $699,999
- Taxes: $14,535 (2025)
- Status: Active
- Type: Commercial Multi-Family
- Source: Austin_MLS
- MLS ID: 5700948
- Updated: Today (3/5/2026)
- Added to Site: Today
Rental Information
- Lease Info: Gross
Interior
- Flooring: Tile
Additional Information
- Security/Safety: Fire Alarm
- Equipment: None
Parking
- Total Spaces: 5
- Parking Features: Gravel
Location
- Area: LN
- County: Travis
- Subdivision: Sandy Creek Ranches Ph 2 Sec
- Driving Directions: From 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 Ln, which will be on your right.
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Wall/Window Unit(s)
- Heating Type: Space Heater
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Electricity Connected, Sewer Connected, Water Connected
Structural Information
- # Buildings: 4
- Detached/Attached: Detached
- Construction: See Remarks
- Square Feet: 8,010
- Sq. Ft. Source: Public Records
- Current Bldg. Use: Multi-Family
- Year Built: 1980
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: Garage(s)
Lot Features
- Lot Size (Acres): 2.07
- Lot Size (Sq. Ft.): 90,169.2
Financial Considerations
- Assessment Amount: $771,472
- Tax Amount: $14,535.57
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Aerial, Survey
- Legal Description: LOT 31 SANDY CREEK RANCHES PHS 2 SEC 1
- Disclosures/Reports: None
- Property ID: 5177707160000
- Lot Number: 31
Listed by Keller Williams - Lake Travis
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Or call us at (800) 531-7667
Listing agents
— 23505 Fulkes Ln —
Keller Williams - Lake Travis
Keller Williams - Lake Travis
(512) 784-2345
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 23505 Fulkes Ln
School District:Leander Independent School District
| Name | Grades | Distance |
|---|---|---|
Bagdad Elementary School 800 Deercreek Lane, Leander, TX 78641 | K-5 | 4.7 mi |
Stacy Kaye Danielson Middle 1061 Collaborative Way, Leander, TX 78641 | 6-8 | 4.9 mi |
Glenn High School 1320 Collaborative Way, Leander, TX 78641 | 9-12 | 4.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 23505 Fulkes Ln
Tax History
Tax History for 23505 Fulkes Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$14,071
—
$771,472
-16%
2024
$14,071
100%
$914,406
-32%
2022
-100%
$1,353,351
-1%
2022
$18,984
100%
$1,361,007
-1%
2021
-100%
$1,381,151
158%
2020
$11,284
—
$535,056
—
2020
$11,329
—
$535,056
2%
2018
$11,373
52%
$523,080
59%
2017
$7,503
4%
$328,085
—
2017
$7,245
-2%
$328,085
—
2015
$7,372
224%
$328,085
231%
2014
$2,272
-4%
$99,248
-2%
2013
$2,358
—
$101,166
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 23505 Fulkes Ln
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Commercial Lease
- Active
- Updated 19 hours ago
- 9,672Sq. Ft.
- Single Family
- Active
- Updated 17 hours ago
- 4Beds
- 2Total Baths
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Townhouse
- Active
- Updated 18 hours ago
- 3Beds
- 3Total Baths
- Single Family
- Active
- Updated 5 days ago
- 4Beds
- 2Total Baths
23505 Fulkes Lane, Leander, TX 78641 (MLS# 5700948) is a Commercial Multi-Family property. 23505 Fulkes Lane is currently listed for $699,999 and was received on March 05, 2026. Want to learn more about 23505 Fulkes Lane? Do you have questions about finding other Commercial Multi-Family real estate for sale in Leander? You can browse all Leander real estate or contact a Coldwell Banker agent to request more information.