More than a home-this is an opportunity. Currently operating as a short-term rental and situated within New Braunfels' M-1 Light Industrial District, this unique property offers a level of flexibility that sets it apart from a traditional residential offering. Whether envisioned as an income-producing property, business location, creative space, Texas getaway, or something entirely different, the value here lies not only in what this property is today-but in what it could become. The home itself is full of character, thoughtfully renovated while preserving the charm that makes it feel distinctly New Braunfels. Historic reclaimed hardwood floors bring warmth and authenticity throughout, while details like the classic clawfoot tub nod to the home's past. Extensive updates include new windows, mini-split HVAC systems, new kitchen cabinetry, and the addition of a new primary bedroom with private ensuite-creating a space that blends historic personality with modern comfort. Its efficient footprint makes it an appealing option for those seeking a low-maintenance primary residence, second home, seasonal Texas retreat, or vacation property. But the possibilities extend well beyond residential use. M-1 zoning allows for a broad range of potential uses, including professional and business offices, boutique or specialty retail, art and photography galleries or studios, creative and artisan spaces, personal-service or wellness concepts, and specialty shops supporting New Braunfels' tourism market. The property could lend itself to a real estate, consulting, legal, insurance, design, photography, or other professional office; a boutique retail concept; an art or creative studio; or another small-business vision that benefits from a distinctive setting rather than a traditional commercial storefront. All uses are subject to applicable City requirements and permitted-use regulations. For an investor, the property offers an established history as a short-term rental along with the opportunity to explore continued STR use. For an entrepreneur or small-business owner, the existing structure, M-1 zoning, and highly desirable location create the opportunity for commercial flexibility without the feel-or potentially the price point-of a traditional commercial property. And for someone simply wanting a New Braunfels home base without the upkeep of a larger property, its size may be exactly the point. Location only adds to the possibilities. Set in the heart of one of New Braunfels' prime vacation areas, the property is within walking distance of Landa Park and Schlitterbahn and just minutes from Downtown New Braunfels, Gruene, river recreation, dining, shopping, and live music. Spend the day floating the river, walk to some of the city's best-known attractions, head downtown for dinner, or catch live music in Gruene-all with an easy home base nearby. Continue its story as a short-term rental. Create a weekend escape or seasonal retreat. Establish a professional office, boutique, photography or art studio, creative workspace, wellness concept, or tourism-oriented specialty shop. Explore a live/work vision. Or simply hold a uniquely positioned property in the heart of a thriving tourism market. Few properties offer this combination of historic charm, thoughtful renovation, M-1 commercial zoning, established vacation-rental use, and proximity to the experiences that make New Braunfels such a destination. Here, the flexibility may be just as valuable as the property itself. Buyer to independently verify zoning, permitted uses, short-term rental requirements, occupancy, parking, and intended use with the City of New Braunfels.