Welcome to your ideal investment opportunity in Canyon Lake, just a stone's throw away from the tranquil water. Nestled in mature oaks, this property boasts so much potential. Awaiting your creative touch, this home beckons with the promise of transformation through cosmetic upgrades. Step inside to discover a unique layout that offers versatility. The main attraction of this property is its attached apartment, ideal for guests or rental income. Complete with a full kitchen, spacious living area, and office space, it provides ample accommodation options. As you explore the main house, you'll find a generous living area on the lower level adorned with a cozy wood fireplace, perfect for gatherings on chilly evenings. Ascend to the upper level to reveal a delightful living/dining combination, master suite, and a versatile library/office space, offering a sanctuary for work or relaxation. Step outside onto the two-level deck and be greeted by breathtaking views of the rolling hills of Hill County. Whether you're savoring your morning coffee or entertaining guests, this outdoor space is sure to be a favorite spot. Situated on a lot that backs up to the next street over, privacy and serenity abound. Embrace the opportunity to make this your own haven, where the beauty of nature meets the potential for profit. Neighborhood also has lake access!!!