Nestled in the vibrant Central East Austin neighborhood, this property offers an exceptional opportunity for those seeking a private retreat with prime short-term rental potential. This dynamic location places residents just moments away from downtown Austin, providing easy access to the city's renowned live music venues, eclectic dining scene, cultural hotspots, and Lady Bird Lake. The charming property boasts 7 bedrooms [potential to sleep 21 guests], 4 bathrooms, and an enchanting backyard, fully fenced for added privacy, providing an inviting space for guests to indulge in the city's unique atmosphere while enjoying seclusion. Additionally, the property features a guest house which includes a professional grade acoustically engineered studio, perfect for musicians, podcast hosts, or guests looking to explore their creative passions. The enormous and fully fenced lot offers a private oasis for relaxation and entertainment, making it an ideal choice for families or groups seeking a peaceful retreat in the highly desired area of Central Austin. With its strategic location, appealing features, and many entitlements for use and expansion, this property is poised to provide a high ROI. No surrounding listing offers a better location or price per sqft, period. A must see property. Main House is fully furnished and will convey at closing.