#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
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
Listed by Keller Williams - Lake Travis
Property Details
Flooring
Foundation
Parking
Verified property facts
23505 Fulkes LN is listed at $699,999 with 0 bedrooms, 2.07-acre lot. This places it above the ZIP 78641 single-family closed-sale median price of $675,000 (ZIP 78641 geography · single-family closed sales · median sale price · trailing 12 months as of Sep 10, 2026).
23505 Fulkes LN is a Commercial Sale built in 1980 featuring 0 bedrooms, 2.07-acre lot.
23505 Fulkes LN is listed by Keller Williams - Lake Travis. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Sep 10, 2026.
The most recent annual property tax for 23505 Fulkes LN is $14,536. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
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1 record on file
Every recorded listing, sale, and lease at 23505 Fulkes LN, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| 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 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.
20% ($140K)
Adjustable assumption - not a lending recommendation.
$699,999
Luxury property intelligence
A sourced read on Sandy Creek Ranches Ph 2 Sec 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
189 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 Sep 10, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
This page does not assume a mortgage rate or publish a monthly payment for 23505 Fulkes LN. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Sep 10, 2026, 23505 Fulkes LN is offered at $699,999. The current MLS snapshot shows 650 active listings in 78641. Keenan Group has completed 6 verified transactions in 78641 within its 1,000+ completed transactions and $1B+ career volume across Austin.
23505 Fulkes LN was built in 1980 (46 years ago). Buyers should budget for potential updates to major systems.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
5 events on record
Current Price
$699,999
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| 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 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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