If you’ve been searching for a home with the potential for generating income, multi-generational living, working from home, or running a business, you’ve found the perfect spot! This generous 3.44 acre parcel gives you usage options ranging from equestrian to subdividing into multiple lots. The picturesque property boasts a 2,279 sq ft main house (3BR/2BA), an 880 sq ft guest house currently set up as a studio apartment on one side and an office on the other side. The home has an excellent layout, with a cozy living room, a large main bedroom suite and plenty of storage throughout. Upgrades in the last 10 years include windows, water heater, HVAC, resurfaced pool, and metal roof. The studio has a rental history of $1,000 a month as a long term rental or $100 a night as a short term rental. No lease currently in place, allowing you to use the space however you see fit. These peaceful surroundings provide a perfect escape from the hustle and bustle of city life, allowing you to enjoy nature at its finest. You can feed the deer from your back porch, admire the natural landscape, or entertain and cool off in the pool. With so much unrestricted acreage, no HOA and a low tax rate of 1.86%, this is truly a hidden gem in the city. Situated just minutes from Brushy Creek Park, you'll have easy access to hiking and biking trails, playgrounds, fishing spots, and more. Top-rated Leander ISD school districts, minutes to HEB, shopping, and all the amenities you'll need. Please note that one seller is a licensed Realtor and the porch swing is excluded from the sale.