Discover a rare Kerrville gem with endless potential at 145 Francisco Lemos, perfectly located across from the Riverside Nature Center and a short walk to the Guadalupe River, River Trail, and Louise Hays Park. This charming 2-bedroom, 1-bath cottage rests on a beautiful 0.17-acre lot framed by mature trees and inviting curb appeal. Inside, original hardwood floors add warmth and character, offering a timeless backdrop for renovation or reinvention. A one-car garage and utility building provide added functionality for storage, hobbies, or creative use. Zoned RT, the property delivers exceptional versatility-ideal for a residence, short-term rental, or boutique commercial concept. Its walkability, charm, and location create an exciting opportunity for investors, designers, or anyone ready to transform a cottage in one of Kerrville's most desirable in-town settings. With its rare combination of setting, zoning, and original charm, this property invites a fresh vision and offers upside for those seeking a project with long-term value. Opportunities like this in Kerrville are hard to find.