Discover a wonderful opportunity to own a charming and lovingly maintained home on two spacious lots, just under a mile from the beautiful, crystal-clear San Marcos River. Zoned for both residential and commercial use, this property offers incredible flexibility—whether you’re looking to grow a thriving short-term rental business, start a small boutique or studio, or simply enjoy the comfort of your own home in one of San Marcos’s most desirable and growing neighborhoods. The home has been thoughtfully cared for and thoughtfully updated over the years, featuring a 2022 roof, a new hot water heater, reinforced attic framing, and a solid foundation that’s been professionally lifted 1.5 feet for extra stability and peace of mind. The welcoming front porch has been freshly re-decked, and the property includes a new water and sewer line (2023), a 225V electric line for a modern stove, and a newly built, insulated, air-conditioned 10x12’ backyard shed that’s perfect for a home office, studio, or creative space. With on-site parking and included appliances—refrigerator, washer, and dryer—this home is move-in ready and full of potential. Its location couldn’t be better: just a short walk or bike ride to Rio Vista Park, the Public Library, H-E-B, and many local shops and eateries, with easy access to I-35 for quick trips to Austin or San Antonio. Currently operating as a fully permitted Airbnb that passed inspection in September 2025, this property is already welcoming guests and generating income. With its inviting charm, mixed-use zoning, and prime central location, this San Marcos treasure offers the perfect blend of comfort, convenience, and lasting investment opportunity for homeowners and investors alike.