Discover an incredible opportunity at 523 Ash St, Lockhart, TX—a versatile property perfect for investors, income seekers, or those craving space and character! Situated on a sprawling nearly 1/3-acre lot, this unique listing features a 3-bedroom, 1-bath main house and a separate 1-bedroom, 1-bath guest house complete with its own kitchen. Located just minutes from Lockhart’s vibrant historic downtown district, this property offers the best of small-town charm with big potential. The main house exudes eclectic charm with partial original wood floors, abundant windows flooding the space with natural light, and playful pops of color throughout. Fun wall hues/textures add personality, making this home a canvas for creativity or a standout rental. A private entrance leads to a secluded backyard with a back porch, perfect for unwinding or entertaining. The guest house, also featuring its own private entrance, is a fantastic bonus—ideal for extended family, guests, or additional rental income. Fully fenced for privacy, the expansive lot includes a storage shed and a 2-car detached garage with electricity, perfect for projects or extra storage. Whether you’re an investor looking to flip, a landlord aiming to lease, or a buyer seeking multiple dwellings for a large household, this property checks all the boxes. Don’t miss your chance to own a piece of Lockhart’s charm with endless possibilities! Contact us today to schedule a showing. Home is currently tenant occupied, but tenants are vacating the first week of May. Note: All information to be verified by buyer.