Discover the charm and versatility of this Hyde Park gem-a beautifully maintained compound featuring a picture-perfect 2-bedroom cottage, a detached studio casita with a full kitchen and bath, and a one-car garage with a workshop loft. Freshly painted inside and out, this home is move-in ready, with low-maintenance xeriscape gardens and a spacious screened porch perfect for outdoor lounging and dining. Enjoy cozy evenings by the outdoor fireplace or park with ease under the covered carport with an automatic gate. The outdoor oasis is made complete with the private outdoor shower. The garage is a crafter's dream, complete with an automatic door, epoxy floors, Husky storage cabinets, and extensive pegboard walls. Above the garage, the loft space offers additional built-in storage, making it an ideal studio or workshop. Access both the garage and the casita apartment from the alley. This property is as practical as it is charming. Lovingly cared for by its owners for over 20+ years, this is a rare opportunity to own a piece of one of Austin's most beloved neighborhoods-with income potential built in! Live in the front house and rent out the back-furnished rentals of this size in Hyde Park generate between $1,000–$1,500 per month. Enjoy a walkable lifestyle with easy access to local favorites like First Light Books, Tiny Grocer, and Shipe Park. Plus, it's pre-inspected for peace of mind. Don't miss out on this incredible long-term investment!