Discover an exceptional opportunity in the heart of Austin! This stunning property, nestled on a sprawling 1.0 acre lot, offers the perfect blend of modern comfort and endless potential. A charming, fully remodeled 1-bedroom 1-bath guest house sits on one side of the fenced lot, presenting a lucrative income-producing option (can show 2+ years of earnings) or an ideal living space while you transform the main residence. The expansive 5-bedroom, 3-bath main house boasts a beautifully updated upstairs, while the main floor awaits your personal touch—brimming with space and possibilities. Flooded with natural light from abundant windows, the home overlooks a lush, nature-filled backyard bordered by the serene Walnut Creek. Whether you’re seeking a savvy investment or a dream home to make your own, this rare gem delivers it all!