Amazing rare opportunity to own one of Downtown Round Rock's most unique and versatile 1920s Victorian mixed-use properties! Privately tucked behind a gated entrance on coveted East Main Street, this exceptional estate combines historic character, flexibility, income potential, and an irreplaceable location in the heart of the thriving downtown district. Mixed-use zoning allows for a private residence, boutique office, wellness concept, creative studio, professional practice, event venue, live/work compound, hospitality venture, or investment opportunity. Surrounded by mature trees and lush landscaping, the property offers a rare sense of privacy while remaining just steps from restaurants, coffee shops, boutiques, entertainment, and community events. The main residence is rich in charm, featuring a wraparound porch, soaring ceilings, a signature spiral staircase, multiple living spaces, and vintage details throughout, including soaking tubs. A collection of freestanding structures creates a true compound-like setting. A detached cottage, currently operating as a successful Airbnb, provides immediate income potential and carries the property's historic designation. At the heart of the estate is the celebrated gazebo, featured on the cover of Garden & Home Magazine, surrounded by enchanting gardens. A custom stained-glass greenhouse adds another layer of charm, creativity, and distinction. Properties offering this combination of mixed-use zoning, multiple structures, income potential, historic character, and a premier downtown location are incredibly rare. Whether you're an entrepreneur, investor, or visionary, this is a unique opportunity to create something extraordinary in one of Central Texas' fastest-growing communities.