Dream Location. 4BR main home + income producing 2BR ADU in the heart of Austin’s beloved North Loop neighborhood, where charm, community & true Austin culture meet. Tucked mid-block, this completely reimagined midcentury cottage offers the rare opportunity to own a truly turnkey property with a passive-income-producing ADU. Taken down to the studs and rebuilt with intention, honoring the original time period, this stunning 4-bedroom 2-bath home blends timeless design with modern functionality. Step inside to warm, natural light, gallery-finish walls, & real hardwood floors throughout, creating a calm, elevated living experience. The kitchen is a true centerpiece, designed for both everyday living & entertaining, with striking soapstone countertops, custom wood cabinetry, an island with abundant storage, and a pot filler! Every detail has been thoughtfully selected, including the mahogany exterior doors and custom Schoolhouse lighting. New electrical, roof, HVAC, and windows offer peace of mind. A gas line has been run & is ready for a fireplace in the living room, customized to your liking! Walk to neighborhood favorites like Foreign & Domestic for oysters, grab a slice at Home Slice Pizza, enjoy a cocktail, coffee, or tacos at nearby local eateries. Spend summer evenings at Shipe Park with tennis and swimming. Close to UT, downtown, & public transit, the lifestyle here is unmatched. North Loop boasts a walk score of 67 and an impressive bike score of 92. A UT bus line is only two blocks away. From the front porch, spend hours watching the native garden bloom and hanging with the best neighbors in town. A freestanding 2-bed 1-bath two-story ADU & 3-car garage, covering 800 sq ft (buyer to verify sf) of living space, currently generates approximately $22k annually. Passive income, a guest retreat, or the possibility of a condo regime or resale, the opportunity here is exceptional. Live in one, rent the other, or maximize both.