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 0.257.

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

$ 7,603

Style

Single Family Residence

Lot Size

0.257

Year Built

1960

Town/City

Fredericksburg

County/Region

Gillespie

MLS | Web ID

4197545

Features
General
Living Area 1588
Sewer Public Sewer
Heating Central Natural Gas
Cooling Ceiling Fan(s) Central Air Electric
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Roof Composition
Appliances Dishwasher Dryer Electric Range Microwave RNGHD Refrigerator Stainless Steel Appliance(s) Washer Water Heater
Garage Spaces 1
Patio/Porch Features See Remarks Deck Front Porch Patio
Pool Features None
Security Features Smoke Detector(s)
Construction Materials See Remarks
Year Built 1960
View Neighborhood
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features None
Community Features None
Accessibility None
County Gillespie
New Construction N
Property Type Residential
HOA N
Energy Efficient None
Subdivision Name South Heights
Facing Direction West
Green Sustainability None
Other Structures See Remarks Storage
Full Baths 2
Status Active
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.
High School Fredericksburg (Fredericksburg ISD)
City Fredericksburg
Disclosures Lead Base Paint Addendum Seller Disclosure Seller Provided Survey Available
MLS Area GP
Lot Size Square Feet 11194.92
Spa Features Above Ground Hot Tub
Elementary School Fredericksburg
Tax Annual Amount 7603.73
Middle/Junior High School Fredericksburg
Property Condition Resale
Additional Parcels Y/N N
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 596790
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Interior
Interior Amenities See Remarks Ceiling Fan(s) Chandelier Granite Counters Double Vanity Open Floorplan Primary Bedroom on Main Recessed Lighting Storage
Flooring Tile Wood
Total Fireplaces 0
Window Features Drapes Window Coverings
Half Baths 0
Total Bedrooms 3
Main Level Bedrooms 3
Total Baths 2
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Exterior
Exterior Amenities Exterior Steps Gas Grill Outdoor Grill Private Yard
Fencing Back Yard Privacy Wood
Parking Features Attached Driveway Garage Garage Faces Front
Lot Features Back Yard City Lot Curbs Few Trees Front Yard Interior Lot Level Public Maintained Road
Water Source Public
Total Parking 2
Foundation Details Combination
Lot Size Acres 0.257
Waterfront Y/N N
Covered Spaces 1
Horse Y/N N
Horse Amenities None
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Internal Only
Street Number 1 511
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* Excluded Features
List By
Kelly Jo Gonzalez

Listing Agent

Kuper Sotheby's Int'l Realty

Broker

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
4360149 Elementary School
4360273 Middle School
Fredericksburg (Fredericksburg ISD) 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 0.257. 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