Welcome to an exceptional investment opportunity in downtown Liberty Hill - this 1915 home is perfect for both residential and commercial purposes and is currently zoned C2. Located in the heart of the city, this property is oozing with character and charm and offers significant potential for value addition. The property sits on two combined lots, offering a rare 1.1-acre space in the downtown area. The four-bedroom, 2 full bath house has a flexible floor plan that can be customized to suit your needs. The downstairs area features a living room, formal dining, kitchen, and a large flex space, along with two bedrooms and a full bath. The upstairs has two additional bedrooms, a full bath, and a large storage room. The full-length porch in the front, wrapping around to the side, and a nice deck at the back provide ample space for outdoor entertaining. The property also features a secondary structure at the back, currently functioning as a pottery shop with air conditioning and a screened-in porch. The property fronts RR 1869 and Myrtle Street, offering excellent visibility and accessibility with three current driveways. The property also features beautiful old pecan trees (located in city tree preservation) that adds appeal. The house was partially remodeled in 2016, and a full list of changes/dates that is available from the listing agent. The property is on city water/sewer, providing convenience and reliability. This property offers an exceptional investment opportunity in a prime location, with numerous possibilities for renovation and repurposing, ensuring substantial returns on investment. Buyer/Buyer's agent to confirm all facts and future use- water/wastewater currently set up for residential use- for commercial use a utility evaluation will need to be done. Grinder pump replaced by city Sept. 2023.