511 Olive St Fredericksburg, TX $ 685,000
511 Olive St
$ 685,000
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511 Olive St

Fredericksburg, TX, 78624
$ 685,000
Bedrooms3 Baths2.0 Sq 1,588

Monthly Estimate*

$ 4,218

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Single Family Home for sale in Fredericksburg, TX

for $685,000 with 3 bedrooms and 2 full baths. This 1,588 square foot home was built in 1960 on a lot size of 0.26.

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.

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Single Family Active

Price

$ 685,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 7,604

Style

One Story

Lot Size

0.26

Year Built

1960

Town/City

Fredericksburg

County/Region

Gillespie

MLS | Web ID

1944230

Features
General
Living Area 1588
Construction Pre-Owned
Heating Central 1 Unit
Cooling One Central
Half Baths 0
Bathrooms 2
Subdivision Unknown
Builder Unknown
Class Single Residential
Type Single Family Detached
Style One Story
Roof Composition
Status New
Attached Garage Y
Neighborhood Amenities None
Area 3100
Year Built 1960
High School Fredericksburg
School District Fredericksburg
Proposed Terms Conventional FHA VA Cash
Elementary School Fredericksburg
Middle School Fredericksburg
Legal Description South Hgts Blk 4 Lot 2-Pt & 3
Taxes 7604
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Exterior
Exterior Siding
Foundation Other
Pool (Y/N) N
Pool Hot Tub
Lot Size 0.26
Water/Sewer Water System Sewer System City
Lot Description 1/4 - 1/2 Acre Mature Trees (ext feat) Level
Inclusions 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 Cit
Lot Improvements Street Paved Curbs Streetlights City Street
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Interior
Total Bedrooms 3
Full Baths 2
Interior Features One Living Area Liv/Din Combo Utility Room Inside Open Floor Plan All Bedrooms Downstairs Laundry Main Level Laundry Room
Stories 1
Flooring Ceramic Tile Wood
Living Room Width 12
Heating Fuel Natural Gas
# of Fireplaces 0
Living Room Length 16
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* Excluded Features
List By
Kelly Jo Gonzalez

Listing Agent

Kuper Sotheby's Int'l Realty

Broker

kellyjo.gonzalez@kupersir.com;Kellyjo.gonzalez@kupersir.com

Email

Affordability Calculator

$4,851
Per Month
87%
13%
0%
Monthly Principal & Interest
$4,218
Monthly Property Taxes
$634
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
745414 Elementary School
745083 Middle School
Fredericksburg High School High School
Pricing History
DatePricePrice ChangeDescription
2/26/2026$685,000 Listed Price

Map


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511 Olive St, Fredericksburg, TX, 78624 is a Single Family Home for sale at $685,000 with 1,588 sqft and a lot size of 0.26. 511 Olive St has 3 bedrooms, 2.0 baths, and was built in 1960. The property's zip code is 78624 which is in Fredericksburg, TX