Charming 1940s home located next to TWU and within walking distance to Denton's Downtown Square, libraries, shops, and restaurants. This listing includes two parcels totaling 0.3021 acres: 1406 N Austin Street, featuring a 3-bedroom, 2-bath home, and 1412 N Austin Street, an adjacent vacant lot. Zoned for both residential and commercial use, the property offers a wide range of possibilities. The home showcases original hardwood floors, tall ceilings, period wood trim, plus a cozy window seat and bonus space at the front entry. The spacious living room includes built-in shelving and a vintage wood-burning stove. A formal dining room, a versatile flex space at the back of the home, and multiple interior storage closets add to the home's functionality and flow. The kitchen, both bathrooms, and the laundry room have been thoughtfully updated with modern fixtures and finishes, plus all appliances are included! Additional highlights include built-in book shelves in the hallway, a covered back porch, storage shed, and a hot tub. The adjacent lot at 1412 N Austin offers added flexibility for expansion, parking, outdoor living, or future development. Located in a high-visibility, mixed-use area near TWU and downtown, this property presents a unique opportunity for residential, commercial, or mixed-use possibilities.