205 EDGEWOOD DRIVE is a meticulously maintained 3-bedroom, 2.5-bathroom home with an active short-term rental permit; everything you need to start generating income from day one, or simply enjoy as a spacious and comfortable full-time residence in one of Texas's most sought-after towns. The floor plan is superb. An open living layout centers around a beautiful 'see-through' fireplace that connects the main living and dining spaces, with windows throughout, keeping the home bright and welcoming. There is both a formal dining area and a casual breakfast nook with a bay window, the kind of dual setup that works as well for everyday living as it does for hosting STR guests. The primary suite is well-sized and privately positioned, while the two additional bedrooms each have their own comfortable feel and privacy. At the back of the home, a sunroom adds valuable flexibility: a home office, creative studio, or work-out room that works equally well for full-time residents and STR guests alike. Outside, the home sits well back from the street with a gorgeous, established front yard and a fully fenced back garden with a patio. A two-car attached garage handles everyday parking, and a separate detached garage accessible via the alley adds bonus space, ideal as a workshop, gym, party room, or storage for bikes, gear, and Hill Country toys. Recent updates include fresh interior paint and a new roof, so the big-ticket items are already done. Minutes from Main Street, wineries, the Nimitz Museum, and the new Fredericksburg Racquet Centre opening in 2027, the location sells itself. The permit makes it an opportunity.