$665,000

511 Olive St, Fredericksburg, TX 78624

3 beds |
2 baths |
1,588 sqft

Single-Family Home
Built in 1960
0.26acre lot
—— car garage
$419/sqft
Listed 2 months 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:: May 21, 2026 at 7:53AM
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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