This longtime family property is ready for a new owner, offering an exciting opportunity to make it your own! Situated on 1.96 acres in the heart of Downtown Mabank, this versatile property offers plenty of room to grow, with exciting possibilities for future improvements, expansion, or development.Enjoy the convenience of being within walking distance of the food truck yard, farmers market, Market Street shopping, dining, and local events, all while enjoying the charm of small-town living within Mabank ISD. The spacious 4-bedroom, 2-bath home features updated interior texture and paint, beautiful hardwood flooring, generously sized living areas and bedrooms, and an accessible ramp for added convenience. The eat-in kitchen features a gas cooktop and plenty of space for everyday meals and family gatherings. Outside, the property offers exceptional storage, workspace, and covered parking. Additional features include a 12x12 workshop with electricity and a roll-up door, a metal storage building with an attached carport, multiple covered porches, three carports providing ample covered parking, outside HVAC unit replaced in 2022, and new windows installed. An added bonus is the included Lot (605), which has its own water meter, creating exciting potential for a future homesite, additional residence, or multigenerational living setup. With nearly two acres, an established home, an additional lot, multiple outbuildings, and future development potential, this is a rare opportunity to own a truly versatile property in Downtown Mabank. Well loved by the same family for many years, this home is ready for its next chapter and a new family to make memories of their own.