Rare opportunity to own a home in sought-after Central Austin with the perfect blend of classic elegance and important updates, ready for your finishing touches! The big ticket items have been taken care of, with over $100,000 in recent improvements including a new 50-year roof, recently replaced HVAC systems, new LVP flooring, electrical and plumbing updates, new blown insulation, and fresh interior and exterior paint. In addition to its three bedrooms, this spacious residence features a dedicated dining room and two versatile flex rooms ideal for a home office, media area, or even a potential space to create a fourth bedroom. The home has great natural light and plenty of space for everyday living and entertaining, plus a private backyard surrounded by mature trees where you can relax, grill, or host gatherings. Just minutes to UT, Mueller, Hancock Golf Club, Downtown, South Congress, and the Lady Bird Lake hike-and-bike trail, this home will be your personal oasis in the heart of the city! No deed restrictions on short term rentals, giving the home great potential as an STR! Buyer to verify restrictions. With plentiful dining and shopping options nearby, this home combines a prime Central Austin location with privacy, comfort, and elegance!