Built in 1939, this charming cottage blends timeless character w/thoughtful modern updates just 2 blks from Schreiner University. Fully renovated while preserving its classic appeal, the home features wood siding, vinyl double-pane windows, & inviting spaces that reflect the warmth of its era w/today's comfort & efficiency. Outdoor enthusiasts will appreciate the nearby walking & biking trails to Louise Hays Park & Schreiner Park, offering easy access to downtown. The primary bedroom opens to a 12x16 concrete slab topped w/a charming gazebo-an ideal place to relax. The property also includes a versatile 330+ sq ft detached 1 bedroom, 1 bath guest house/casita complete w/kitchen, & closet that can serve as an additional sleeping space-perfect for guests, extended family, or potential rental income. Additional improvements include a 9x9 storage building, 20x20 metal garage w/electricity, a newer 19x19 2-car carport, new driveway, LG stove, a privacy fence & casita (guesthouse) has a AC mini-split w/AC & Heat--fridge--tankless water heater. W/no HOA & a location close to town amenities, this unique property offers flexibility, charm, & opportunity.