— bed, — bath on 2.07 acres in Leander. Leander, TX 78641. $699,999.
About This Home
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.
- Property Type
- Commercial Sale
- Year Built
- 1980
- Lot Size
- 2.07 acres
Listing information last updated August 6, 2026.
Listed by Keller Williams - Lake Travis
MLS# 5700948 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Tile
- Heating
- Space Heater
- Cooling
- Ceiling Fan(s),Wall/Window Unit(s)
Exterior & Lot
- Slab
- Lot Size
- 2.07 Acres
- Gravel
Financial
- Original List Price
- $699,999
Utilities
- Electricity Connected
- Sewer Connected
- Water Connected
- Water Source
- Public
- Sewer
- Septic Tank
Transaction History
1 record on file
Every recorded listing, sale, and lease at 23505 Fulkes LN, whoever represented it.
- ActiveListed 2026Current price: $699,999Original list: $699,999MLS 5700948
- Listed · March 5, 2026$699,999
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Explore this area
Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $699,999
- Original list
- $699,999
- Price movement
- No verified reduction
- Listed / DOM
- Mar 5, 2026 · 230 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $771,472
- Assessment Year
- 2025
- Year Built
- 2011
- Parcel ID
- 000000354446
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-43.0% | — | $771,472 | $95,003 | $290,734 |
2024-0.6% | — | $1,353,351 | $190,005 | $855,432 |
2023-1.5% | — | $1,361,007 | $190,005 | $1,163,346 |
2022+158.1% | — | $1,381,151 | $190,005 | $1,171,002 |
2021 | — | $535,056 | $65,660 | $1,315,491 |
District Schools Nearby
Cedar Park High School
Early College High School
New Hope High School
Rouse High School
Vista Ridge High School
Leander High School
District context schools are shown because address-level assigned school fields are not available for this property. Contact the school district directly to verify current boundaries and enrollment eligibility.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($140K)
Adjustable assumption - not a lending recommendation.
$699,999
Luxury property intelligence
Keenan Market Position
A sourced read on Leander pricing, timing, and property scale. No automated valuation claim.
List price
$699,999
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
230 days
Original to current
No verified reduction
$700K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 16, 2026.
Request Private Market AnalysisConnect 23505 Fulkes Ln to the Austin Market
78641 ZIP Guide
ZIP-level neighborhoods, schools, lifestyle, and Austin market context
Leander ISD Schools
District guide, nearby schools, and homes by attendance area
Austin Home Valuation
Private Austin CMA, TCAD context, and pricing strategy
Seller Resources
Pricing, prep, launch timing, and Compass marketing strategy
Keenan Group Results
#1 ABOR Team 2024 with $1B+ career sales volume
