$685,000

511 Olive St, Fredericksburg, TX 78624

3 beds |
2 baths |
1,588 sqft

Single-Family Home
Built in 1960
0.26acre lot
—— car garage
$431/sqft
Listed 1 month ago

Property 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.

Listing Status:: Active
Date Added:: February 26, 2026
Data Last Updated:: April 4, 2026 at 9:51PM
Listing Office:: Kuper Sotheby's Int'l Realty : (830) 816-5260
Listing Agent:: Kelly Jo Gonzalez : (210) 860-2668
MLS ID:: 1944230

General: One Living AreaLiv/Din ComboUtility Room InsideOpen Floor PlanAll Bedrooms DownstairsLaundry Main LevelLaundry Room
Flooring: Ceramic TileWood
A/C: One Central
Heating: Central1 UnitNatural Gas
Fireplace: Not ApplicableFireplaces: 0

General: Siding
Style: One Story
Pool: Hot Tub

Roofing: Composition
Windows: Some Remain
General: OneOther

HOA Amenities: None
School District: Fredericksburg
County: Gillespie

Zoning: South Hgts Blk 4 Lot 2-Pt & 320018

Utilities: CityAtmos
Water: Water SystemSewer SystemCity
Sewer: City

This listing courtesy of Kelly Jo Gonzalez , Kuper Sotheby's Int'l Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Fredericksburg Primary School

1110 S Adams St, Fredericksburg, TX, 78624

Grades PK-1

1.08 miles away

Fredericksburg Middle School

110 W Travis St, Fredericksburg, TX, 78624

Grades 6-8

1.29 miles away

Fredericksburg High School

1107 S State Highway 16, Fredericksburg, TX, 78624

Grades 9-12

1.23 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.