14254 N HWY 16, Medina, TX 78055

Turn-of-the-century style home in Medina, Texas, offering exceptional flexibility for residential living, income production, or commercial use. Set on .559 acres in the heart of the Hill Country, this 2,486 sq. ft. property features a 4 bedroom, 2 bath main residence plus a separate upstairs 1 bedroom, 1 bath apartment. Currently operating as a successful short-term rental, the layout also supports easy conversion into multiple income streams: the downstairs can be reconfigured into two 2-bedroom, 1-bath units, while the upstairs apartment is already independently leased. Each space can accommodate its own patio or deck, with a shared laundry room located in a separate building on site. With frontage on Highway 16 near the FM 337 intersection, the property is well positioned for business use, rental investment, or a unique live-work setup. Outdoor features include a covered front deck, side patio with Trex decking, and low-maintenance crushed granite landscaping. The expansive backyard offers room to add RV rental sites, a workshop, or space for animals, with an existing pad already in place and electric run to it. Inside the main level, high ceilings, wood floors, French doors, recessed lighting, and multiple entry points create both charm and functionality. Bathrooms feature ceramic tile and glass-enclosed showers. An iron staircase leads to the upstairs apartment, where a landing patio captures open Hill Country views. The apartment includes vaulted ceilings, stainless steel appliances, and exposed stainless steel ductwork for a modern industrial touch. This is a rare opportunity to own a character-rich property with proven income history and strong potential for expansion, business use, or multi-unit rental in one of Medina's most visible and versatile locations.