R-2, .46 acre lot with house and cabin. Tucked away in a peaceful, secluded end of street setting just minutes from historic Main Street, this unique property offers the perfect blend of privacy, charm and income potential. Featuring two active short-term rentals, it's an exceptional opportunity for instant revenue generation or a flexible personal retreat. The beautifully updated main home showcases luxury vinyl plank flooring throughout, upgraded 200-amp electrical service, upgraded PEX plumbing, new drain/waste/vent lines, HVAC, roof, bathroom renovation and the kitchen renovation is nearing completion. The home includes an attached newly renovated large 18'x24' recreational space with unlimited possibilities. The property is rich with Hill Country character, highlighted by a magnificent mature Live Oak shading the front lawn and a tranquil goldfish pond with blooming water lilies. The primary suite in the main home operates as a successful 1-bedroom/1-bath short-term rental complete with a private hot tub (Bluebonnet Hideaway Suite). A separate guest cabin at the rear of the property (Cozy Cabin) serves as an additional 1-bedroom/1-bath STR, offering peaceful views overlooking a meadow along Barons Creek that is teeming with wildlife including deer, foxes, and wild turkeys. A truly special property offering serenity, charm, and proven income potential, all just moments from the heart of Fredericksburg on a large .46 acre lot zoned R-2.