UNIQUE PROPERTY WITH CHARACTER & CHARM ~ RESIDENTIAL & COMMERCIAL ZONING ~ UNLIMITED POSSIBILITIES. Step into a truly special property where history meets thoughtful modern updates. Originally built in 1940, this charming log home has been beautifully refreshed while preserving its authentic character and warmth. Inside, you'll find original hardwood floors that have been recently refinished, complemented by fresh interior paint, custom built-in shelving, and bead board-paneled walls and trim that enhance the home's timeless appeal. The expansive kitchen and living area serve as the heart of the home, featuring butcher block countertops and updated pendant lighting that create a warm, inviting atmosphere perfect for both everyday living and entertaining. The flexible layout offers three bedrooms or office spaces and two full bathrooms, making it ideal for a variety of uses, whether residential, boutique retail, office, or mixed-use. Outdoor living is just as impressive, with covered wood decks spanning both the front and back of the home, designed for gathering and relaxing. The backyard opens to peaceful greenbelt views overlooking Blackbone Creek, creating a serene and private setting. An outdoor kitchen with grill and commercial-grade ice bin makes entertaining effortless. The property also includes a large parking area and a substantial metal building with electricity, offering endless opportunities for storage, workshop space, business use, or future expansion. (Metal building is included in total square footage; main house is approximately 1,708 SF.) Located just minutes from the charm of downtown, you'll enjoy easy access to shopping, dining, live music, breweries, wineries, golf, and the lakes of Marble Falls and LBJ, all while being conveniently situated near Hwy 281 and FM 1431.This is more than a property, it's an opportunity to create something truly special. Whether you envision a home, business, or both, the possibilities here are truly limitless.