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$685,000
New Listing

511 Olive ST
Fredericksburg, TX 78624

For Sale|Single Family Residence|Active
3
Beds
2
Total Baths
2
Full Baths
1,588
SqFt
$431
/SqFt
1960
Built
Subdivision:
South Heights
County:
Gillespie
Call Now: 830.330.0015
Is this the listing for you? We can help make it yours.
830.330.0015
511 Olive ST511 Olive ST511 Olive ST511 Olive ST
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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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Listing Snapshot
Price 
$685,000
Days On Site 
0 Days
Bedrooms 
3
Inside Area (SqFt) 
1,588 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.257 Acres
Year Built 
1960
MLS® Number 
4197545
Status 
Active
Property Tax 
$7,603.73
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Owner
Friends & Family
Recent Activity
7 hours agoListing first seen on site
7 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.257
Attached Garage 
Yes
Direction Faces 
West
Disclosures 
Lead Base Paint Addendum, Seller Disclosure, Seller Provided Survey Available
Foundation 
Combination
Garage 
Yes
Garage Spaces 
1
Levels 
One
Parking 
AttachedDrivewayGarageGarage Faces Front
Parking Spaces 
2
Property Sub Type 
Single Family Residence
Security 
Smoke Detector(s)
Sewer 
Public Sewer
Special Circumstances 
Standard
Utilities 
Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
Water Source 
Public
Interior Features
Appliances 
DishwasherDryerElectric RangeMicrowaveRefrigeratorStainless Steel Appliance(s)WasherWater Heater
Cooling 
Ceiling Fan(s)Central AirElectric
Flooring 
TileWood
Heating 
CentralNatural Gas
Interior 
See RemarksCeiling Fan(s)ChandelierGranite CountersDouble VanityOpen FloorplanRecessed LightingStorageMaster Downstairs
Laundry Features 
Laundry RoomInside
Main Level Bedrooms 
3
Spa 
Yes
Window Features 
DrapesWindow Coverings
Kitchen 
Level - MainFeatures - Granite Counters, Recessed Lighting
Living Room 
Level - MainFeatures - Ceiling Fan(s)
Primary Bathroom 
Level - MainFeatures - Double Vanity
Primary Bedroom 
Level - MainFeatures - Ceiling Fan(s)
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Exterior Features
Construction Details 
See Remarks
Exterior 
Gas GrillOutdoor GrillPrivate Yard
Fencing 
Back YardPrivacyWood
Lot Features 
Back YardCity LotFew TreesFront YardInterior LotLevel
Other Structures 
See RemarksStorage
Patio And Porch 
See RemarksDeckFront PorchPatio
Pool Features 
None
Roof 
Composition
Spa 
Yes
Spa Features 
Above Ground
View 
Neighborhood
Waterview 
Neighborhood
Windows/Doors 
DrapesWindow Coverings
Community Features
Community Features 
None
Financing Terms Available 
CashConventionalFHAVA Loan
Horse Allowed 
Yes
Horse Property 
None
MLS Area 
GP
School District 
Fredericksburg ISD
Schools
School District
Fredericksburg ISD
Elementary School
Fredericksburg
Middle School
Fredericksburg
High School
Fredericksburg (Fredericksburg ISD)
Listing courtesy of Kuper Sotheby's Int'l Realty [email protected]


All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings courtesy of ACTRIS as distributed by MLS GRID. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied.
Last checked - 2026-02-26 04:41 PM CST

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Neighborhood & Commute
Source: Walkscore
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