**Rare Dual-Home Opportunity on 5 Acres in the Texas Hill Country!** Nestled in the scenic rolling hills just outside San Marcos city limits, this unique property in the Siesta Verde subdivision offers two homes on a beautifully wooded 5-acre lot with no HOA. The main residence is a 1,978 sq ft, 3-bedroom, 2 & 1/2-bath stone and wood home with a metal roof, built in 1979. It features a floor-to-ceiling stone wood-burning fireplace in the living room, a main-floor primary suite, and two upstairs bedrooms. The home is ready for your vision and updates, with incredible potential and character. Enjoy peaceful Hill Country views from the wraparound back porch shaded by a canopy of mature oaks. The second residence, built in 2020, is a thoughtfully designed 3-bedroom, 2-bath, 1,500 sq ft cottage. It features an efficient layout with dual living spaces-one of which could easily serve as a media room or home office-and a cleverly designed utility area that incorporates washer/dryer access with closet and dressing space. Live in the cottage while renovating the main house, then transition it into a guest home, short-term rental, or multigenerational space. Located near the San Marcos Outlet Malls with easy access to I-35, this property offers space, privacy, and versatility in a prime location. Surrounded by majestic native oaks and elms, both homes sit at an elevated point on the property, providing a serene Hill Country setting just minutes from convenient shopping, dining, and entertainment.