$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.

Description provided by the listing brokerage.

Facts

Property type

Commercial Sale · Multi Family

Year built

1980

Lot size

2.07 acres

Annual taxes

$14,536

County

Travis

Neighborhood

Sandy Creek Ranches Ph 2 Sec

Features

Sewer

Septic Tank

Cooling

Ceiling Fan(s), Wall/Window Unit(s)

Heating

Space Heater

Flooring

Tile

Utilities

Electricity Connected, Sewer Connected, Water Connected

Water

Public

Parking

Gravel

Foundation

Slab

Energy efficiency

None

Accessibility

None

Construction

See Remarks

Location