511 OLIVE ST, FREDERICKSBURG, TX 78624
Homes for sale in Fredericksburg.
Homes for sale in 78624.
511 Olive St
Fredericksburg, TX 78624
List Price$685,000
No Property Photo Available
Listing #1944230
3
Bedrooms
2 full
Bathrooms
1,588
Square Feet
House
Type
About This Property
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.
Listing Courtesy of Kelly Jo Gonzalez, Kuper Sotheby's Int'l Realty (210) 860-2668
Property Features
Location Information
County
Gillespie
MLS Area
3100
Neighborhood Amenities
None
Subdivision
Unknown
Interior Features
Room Dimensions
Living: 16x12, Kitchen: 10x12, MasterBR: 16x14, BR2: 11x11, BR3: 11x10
Fireplace Description
Not Applicable
Interior
One Living Area, Liv/Din Combo, Utility Room Inside, Open Floor Plan, All Bedrooms Downstairs, Laundry Main Level, Laundry Room
Heating
Central, 1 Unit
Master Bedroom Description
DownStairs, Outside Access, Ceiling Fan, Full Bath
Heating Fuel
Natural Gas
Master Bathroom Description
Tub/Shower Combo, Double Vanity
Cooling
One Central
Has Dining Room
Yes
Floors
Ceramic Tile, Wood
Has Family Room
Yes
Exterior Features
Style
One Story
Electric Supplier
City
Construction
Pre-Owned
Parking Description
One Car Garage, Attached
Manufacturer
Unknown
Has Garage
Yes
Foundation
Other
Garage Spaces
1
Roof
Composition
Pool/Spa Description
Hot Tub
Water / Sewer
Water System, Sewer System, City
Lot Size
0.26
Sewer Supplier
City
Lot Description
1/4 - 1/2 Acre, Mature Trees (ext feat), Level
Water Supplier
City
Is One Story
Yes
School
School District
Fredericksburg
Jr. High School
Fredericksburg
Elementary School
Fredericksburg
High School
Fredericksburg
Additional Information
Proposed Terms
Conventional, FHA, VA, Cash
Year Built
1960
Property Type
SFR
Status
New
Property SubType
Single Family Detached
Similar Listings
Mortgage Calculator
$3,197
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$2,468
Monthly Tax
$570
Monthly Insurance
$159
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
© 2026 LERA MLS. All rights reserved.
© 2026 LERA MLS. All rights reserved.
The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of the LERA MLS. IDX information is provided exclusively for consumers' personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
LERA MLS data last updated at February 26, 2026, 8:13 PM CT
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