Discover a rare and versatile opportunity in the heart of Lockhart! Nestled on 2.1 peaceful acres, this delightful property features three separate structures - perfect for multi-generational living, rental income, or a creative live-work setup. The main cottage is a storybook one bedroom, one bath home with an inviting front porch and a fabulous kitchen and living area. The long house features a one bedroom one bath floor plan, with spacious kitchen and living area. The 32'x30' metal shop/garage offers ample space for projects, hobbies, or storage and is accompanied by an attached studio/flex space complete with a kitchenette and full bath, making a perfect set up for an office. Outside, enjoy wide-open skies, countless trees, three chicken coops, outdoor fire pit, seasonal small pond, and the quiet sounds of country living. The charm of historic Lockhart is just a few miles away, with close proximity to San Marcos and Austin! Seller financing is also available, please inquire for details!