Blending mid-century charm with modern updates, this one-of-a-kind home offers incredible versatility, making it ideal for multi-generational living or a potential income-producing opportunity. The flexible layout functions as either a spacious 4-bedroom, 3-bath home or a 3-bedroom, 2-bath with a private in-law suite--perfect for extended family, guests, or rental income. The in-law suite features its own living space, kitchenette, and private entrance, creating the ultimate setup for independent living or an Airbnb short term rental. Designed with style and comfort in mind, this updated home boasts two inviting living areas, a formal dining room, vaulted ceilings, and two primary suites. The beautifully upgraded kitchen features refurbished mahogany cabinets and stainless steel appliances, while the family room impresses with a brick accent wall and sliding glass door that leads to the backyard. A cozy gas fireplace adds warmth and character; perfect for entertaining. This home has been thoughtfully updated over the past 10 years. Roof, HVAC, tankless water heater, plumbing drain lines, electrical, windows, gutters, and more. Step outside to a private backyard oasis featuring flagstone patios, lush native landscaping, and a variety of mature trees, including a heritage oak, fig, and mimosa. The outdoor space also includes a spacious studio, cedar-lined storage, and a greenhouse! The studio is ideal for an office, gym, additional bedroom, and more. Located in a quiet, charming neighborhood with exceptional walkability and easy access to downtown. Just a short distance from Central Market, South Congress, Zilker Park, and Lady Bird Lake. Seize this rare opportunity to own a home that not only fits your lifestyle but also offers incredible flexibility and income potential.