511 OLIVE STREET, FREDERICKSBURG, TX 78624
Homes for sale in Fredericksburg.
Homes for sale in 78624.
511 Olive Street
Fredericksburg, TX 78624
List Price$685,000
Listing #4197545
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.
Property Features
Location Information
County
Gillespie
Subdivision
South Heights
County
Gillespie
Directions
From Main St, go south onto S Eagle St then turn right onto Apple St then left onto S Olive St. Property on left.
Area
GP
Interior Features
Interior
Ceiling Fan(s), Chandelier, Double Vanity, Granite Counters, Main Level Primary, Open Floorplan, Recessed Lighting, See Remarks, Storage
Floors
Tile, Wood
Primary Bedroom On Main
Yes
Laundry
Inside, Laundry Room, Washer Hookup
Full Baths
2
Disabled Features
None
Number of Fireplaces
0
Appliances
Dryer, Dishwasher, Electric Range, Gas Water Heater, Microwave, Refrigerator, Range Hood, Stainless Steel Appliance(s), Washer
Heating
Central, Natural Gas
Accessibility
None
Exterior Features
Style
See Remarks
Parking Description
Attached, Driveway, Garage Faces Front, Garage
Stories
1
Garage Spaces
1
Is New Construction
No
Fencing
Back Yard, Privacy, Wood
Construction/Exterior
See Remarks
Lot Size in Acres
0.257
Exterior
Exterior Steps, Gas Grill, Outdoor Grill, Private Yard
Waterfront Description
None
Foundation
Combination
Has Waterfront
No
Possession
Closing & Funding
View
Neighborhood
Water / Sewer
Public Sewer
Is One Story
Yes
Water
Public
School
Elementary School District
Fredericksburg ISD
Middle School
Fredericksburg
Elementary School
Fredericksburg
High School
Fredericksburg (Fredericksburg ISD)
Additional Information
Roof/Attic
Composition
APN
S14500040000200
Other Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Status
Active
Property Type
SFR
Documents Available
See Remarks, Survey
Property SubType
Single Family Residence
Square Feet Source
Owner
Year Built
1960
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
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