511 Olive Street, Fredericksburg, TX

$665,000

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3

Beds

2

Baths

1,588

Square feet

0.26

Acres

About 511 Olive Street

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.

Features of 511 Olive Street

MLS® # 4197545
Price $665,000
Bedrooms 3
Bathrooms 2.00
Full Baths 2
Square Footage 1,588
Acres 0.26
Year Built 1960
Type Residential
Sub-Type Single Family Residence
Status Pending

Community Information

Address 511 Olive Street
Area GP
Subdivision South Heights
City Fredericksburg
County Gillespie
State TX
Zip Code 78624

Amenities

Utilities Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Features None, Curbs
Parking Attached, Driveway, Garage Faces Front, Garage
Garage Spaces 1.00
View Neighborhood
Is Waterfront No
Waterfront None
Has Pool No

Interior

Interior Tile, Wood
Interior Features Ceiling Fan(s), Chandelier, Double Vanity, Granite Counters, Main Level Primary, Open Floorplan, Recessed Lighting, See Remarks, Storage
Appliances Dryer, Dishwasher, Electric Range, Gas Water Heater, Microwave, Refrigerator, Range Hood, Stainless Steel Appliance(s), Washer
Heating Central, Natural Gas
Fireplace No
# of Stories 1
Stories One

Exterior

Exterior Features Exterior Steps, Gas Grill, Outdoor Grill, Private Yard
Lot Description Back Yard, City Lot, Front Yard, Interior Lot, Level, Few Trees
Roof Composition
Construction See Remarks
Foundation Combination

School Information

District Fredericksburg ISD
Elementary Fredericksburg
Middle Fredericksburg
High Fredericksburg (Fredericksburg ISD)

Additional Information

Date Listed February 26th, 2026
Days on Market 205
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKuper Sotheby's Int'l Realty
Contact Info(210) 860-2668
Office Contact(210) 860-2668

Listing Map

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