Calling all investors, first time homebuyers, or those looking to downsize! Welcome to this cute and cozy home situated just minutes from the historic Granbury square! This home offers very diverse opportunities. Main house is 798 square feet and features 1 full bedroom, 1 full bath, open living room, breakfast area, kitchen, and utility room. Main house features newer laminate flooring, a newer metal roof, newer paint, and newer insulation. Recently poured and new oversize concrete driveway and a large 4 car metal carport! Studio style guest quarters feature an additional 432 square feet with a full bath and kitchenette. Tile floors and walk in shower in the guest quarters bathroom. Guest quarters have their own separate entrance. This is perfect for separate rental income or to be used as a second primary bedroom, office, or game room. Guest quarters feature newer laminate flooring as well. Exterior of this home features a fenced chain link yard, a new metal storage building that will stay, septic system that was recently pumped, and plenty of privacy! Current owner is renting out the guest quarters for $850 per month so there is the potential for additional income to be generated with ownership. Community features a community pool, boat ramps, Lake Granbury access, clubhouse, playground, and more! This home has enormous potential and is priced to sell! Very hard to find a home like this at such a great price!