Unlock the potential of this fixer-upper located in the quaint town of Burnet, known as the Bluebonnet Capital of the World! The historic charm of this 1915-built home presents a unique opportunity to transform this 1482 SF historic home into a modern gem with strategic updates like modernizing the baths and kitchen and continuing the restoration of the hardwood floors in the bedrooms. The generous lot size of .38 acres, the corner location, along with the welcoming front porch make for great outdoor living. Whether you plan to live in the home, flip it for profit, or use it as a rental property, the opportunities for personal enjoyment and/or financial gain are many!