511 Olive St Fredericksburg, TX 78624

3 Beds
2 Baths
1,588 Sqft
11,325 Sqft lot
0.26 Acre lot
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$685,000 Est. $2,522 / mo.*
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Status: Active
Property Type: Single Family Detached
Year Built: 1960
Neighborhood: Unknown
Days on Website: 14

Courtesy of Kuper Sotheby's Int'l Realty, Kelly Jo Gonzalez {attribution_contact}

Description

Welcome to The Olive Branch - a completely renovated, professionally designed 3-bedroom, 2-bath home just minutes from Main Street. Currently operating as a successful, active short-term rental, this R2-zoned property is permitted for STR use and is being sold turnkey, offering an exceptional investment opportunity. Designed with both style and comfort in mind, the home accommodates up to 8 guests and features hardwood flooring, recessed lighting, and quality furnishings throughout. Updates galore and numerous new furnishings make this property truly move-in or rental-ready from day one.The spacious 75' x 150' privately fenced backyard creates a true retreat, complete with a hot tub, gas grill, and comfortable indoor and outdoor living spaces ideal for entertaining or relaxing after a day in town. Adding even more versatility is the 24' x 24' insulated metal building, fully plumbed and air-conditioned with a half bath - perfect for a future game room, pool house, guest suite conversion (buyer to verify), or additional storage. A rare opportunity to own a stylish, fully furnished, income-producing property in a prime location - inquire for additional details and rental history.

Open House

Property Details and Features

  • Listing date: 2026-02-26 06:00:00
  • 14 cumulative days on market
  • 14 days on market
  • Price per square foot: $431
  • 3 bedrooms
  • 2 total bathrooms
  • 2 full bathrooms
  • Tub/Shower Combo
  • Double Vanity
  • County: Gillespie
  • Area: 3100
  • Subdivision: Unknown
  • Built in 1960
  • Approximate age: 66 years
  • Construction: Pre-Owned
  • Builder: Unknown
  • 1,588 square feet
  • 1 story
  • One Story
  • Siding
  • One Living Area
  • Liv/Din Combo
  • Utility Room Inside
  • Open Floor Plan
  • All Bedrooms Downstairs
  • Laundry Main Level
  • Laundry Room
  • Some Remain
  • Composition
  • Ceramic Tile
  • Wood
  • Other
  • Not Applicable
  • Lot size: 0.26
  • 1/4 - 1/2 Acre
  • Mature Trees (ext feat)
  • Level
  • Street Paved
  • Curbs
  • Streetlights
  • City Street
  • None
  • Kitchen length: 10 feet
  • Kitchen width: 10 feet
  • Living room length: 14 feet
  • Living room width: 19 feet
  • Dining room length: 10 feet
  • Dining room width: 8 feet
  • DownStairs
  • Outside Access
  • Ceiling Fan
  • Full Bath
  • Master bedroom length: 17 feet
  • Master bedroom width: 19 feet
  • Bedroom 2 length: 12 feet
  • Bedroom 2 width: 8 feet
  • Bedroom 3 length: 11 feet
  • Bedroom 3 width: 12 feet
  • One Car Garage
  • Attached
  • Hot Tub
  • School district: Fredericksburg
  • Elementary school: Fredericksburg
  • Middle school: Fredericksburg
  • High school: Fredericksburg
  • Natural Gas
  • Central
  • 1 Unit
  • One Central
  • Water System
  • Sewer System
  • City
  • Gas utility supplier: Atmos
  • Electric utility supplier: City
  • Garbage utility supplier: City
  • Water utility supplier: City
  • Sewer utility supplier: City
  • Tax year: 2025
  • Total tax amount: $7,604
  • Ceiling Fans
  • Chandelier
  • Washer Connection
  • Dryer Connection
  • Washer
  • Dryer
  • Microwave Oven
  • Stove/Range
  • Gas Grill
  • Refrigerator
  • Dishwasher
  • Smoke Alarm
  • Gas Water Heater
  • Smooth Cooktop
  • Solid Counter Tops
  • City Garbage service

Location

$685,000 - 511 Olive St, Fredericksburg, TX 78624
511 Olive St Fredericksburg, TX 78624
County: Gillespie

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