Step into a piece of Moulton history with this iconic 4-bedroom, 3-bath, two-story home, once home to the well-known Model Bakery. Rich in character and positioned just one block from downtown Moulton, this property offers a rare blend of historic appeal, flexible use, and small-town convenience. The home features a full-length front balcony overlooking the neighborhood and nearby baseball fields, adding both charm and visibility. With the main living area and kitchen located upstairs, the layout is ideal for a variety of uses—live upstairs and operate a business below, create two separate rental units, or convert the first floor into office, retail, or studio space while maintaining a private residence above. The home features living area, two bedrooms, a full bathroom, and a small kitchen downstairs. Upstairs, you will find a large living/dining/kitchen area, breakfast nook, primary bedroom with en-suite bath, and secondary bedroom and bathroom. A large lot with a pull-through driveway and rear alley access provides excellent parking options and accessibility—perfect for residential, short-term rental, or commercial needs. The flexible floor plan allows for multi-generational living, income-producing potential, or a unique work-from-home setup. Located near downtown shops, dining, community events, and local schools, this property is a standout opportunity for investors, entrepreneurs, or buyers seeking a historic home in Moulton, Texas with unmatched versatility. Home has also been updated with regards to insulation, electric panel (replaced 2 years ago), and plumbing. RV hookup in back yard ready for your personal RV or guests. Whether you’re looking for a mixed-use property, a duplex-style rental, or a historic residence with commercial potential, this one-of-a-kind property delivers location, history, and opportunity in one unforgettable package.