318-324 Lytle St Unique investment opportunity or multi-generational living! This versatile property features two separate homes on one spacious lot, each with its own utility meter. The charming 1, 200 sq. ft. main home offers 3 bedrooms, 1 bath, an inviting open living and dining area, hardwood floors, abundant natural light, and timeless cottage character. The separate 396 sq. ft. guest home features 1 bedroom, 1 bath, a living area, and kitchenette, making it ideal for extended family, guests, rental income, or a private office. Together, the homes offer 1, 596 sq. ft. of living space. Outside, you'll find mature shade trees, a spacious backyard, covered porch, detached 2-car garage, 2-car carport, and multiple storage buildings. Conveniently located just minutes from downtown Kerrville, shopping, restaurants, Schreiner University, the Guadalupe River, and the River Trail. Zoned R-1A Single-Family Residential with short-term rentals permitted, offering exceptional flexibility and income potential.