Just two minutes from Main Street, this versatile property offers the perfect mix of charm, space, and opportunity in the heart of Fredericksburg. Sitting on 0.44 acres with beautiful mature trees, it features a 2-bedroom, 2-bathroom main home, a guest house with a private sauna, a large air-conditioned barn, and a spacious backyard -- ready for your personal enjoyment, guest accommodations, or investment potential. The 1,686 SF main home captures the warmth and character of the Hill Country, while the guest house adds flexibility for hosting visitors or short-term rentals. The barn, fully equipped with AC, provides endless possibilities for a workshop, event space, or storage. Properties this close to downtown with this much versatility are rare. Whether you're looking for a full-time residence, a weekend retreat, or an income-producing investment, this one checks all the boxes. In addition, this property features a 3000 gallon non-potable rainwater collection system. This will enable you to water the landscape and garden, regardless of water restrictions.