Attention investors and visionaries! This spacious 2,805 sq ft single-story home PLUS income producing detached apartment sitting on a rare 0.5-acre lot in the quiet Cedar Plateau neighborhood is brimming with potential with no HOA restrictions. Featuring a three-car garage, and a fully fenced yard, this property offers the perfect foundation for a high-value renovation or income-producing investment. Key features include a massive three-car detached garage—perfect for a workshop, studio, or future conversion—plus a fully enclosed patio with a hot tub, ideal for year-round enjoyment or entertainment upgrades. The private in-ground pool is ready for a refresh, once a highlight of the backyard, was professionally filled in during the 1980s drought—leaving the option open for restoration or repurposing the space entirely. A detached pool house adds even more flexibility, though it currently needs TLC and creative vision to bring it back to life. Last but not least, a covered RV port is ready for your recreational vehicles or additional storage needs. With solid bones and a desirable layout, this home is ready for your updates and personal touches. The oversized lot offers additional possibilities for expansion, and outdoor amenities. Located just steps from Prospect Park’s expansive greenspace and minutes to Texas State University and downtown San Marcos, the location supports strong resale or rental appeal. Don’t miss this opportunity to transform a hidden gem into a standout property in one of San Marcos’ most established neighborhoods!