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23505 Fulkes Rd
Leander, TX 78641
23505 Fulkes Ln · Specialty Property For Sale
·
8,010 SF
Executive Summary
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.
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 Facts
| Sale Type | Investment or Owner User | Lot Size | 2.07 AC |
| Property Type | Specialty | Building Size | 8,010 SF |
| Property Subtype | Residential Income | No. Stories | 2 |
| Building Class | C | Year Built | 1980 |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Building Class | C |
| Lot Size | 2.07 AC |
| Building Size | 8,010 SF |
| No. Stories | 2 |
| Year Built | 1980 |
Property Taxes
| Parcel Number | 354446 | Improvements Assessment | $806,768 CAD |
| Land Assessment | $263,626 CAD | Total Assessment | $1,070,394 CAD |
Property Taxes
Parcel Number
354446
Land Assessment
$263,626 CAD
Improvements Assessment
$806,768 CAD
Total Assessment
$1,070,394 CAD
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