For more information regarding the value of a property, please contact us for a free consultation.
511 Olive ST Fredericksburg, TX 78624
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,588 sqft
Subdivision South Heights
MLS Listing ID 4197545
Bedrooms 3
Full Baths 2
Year Built 1960
Annual Tax Amount $7,603
Tax Year 2025
Lot Size 0.257 Acres
Property Sub-Type Single Family Residence
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.
Location
State TX
County Gillespie
Area Gp
Interior
Heating Central, Natural Gas
Cooling Ceiling Fan(s), Central Air, Electric
Flooring Tile, Wood
Exterior
Exterior Feature Exterior Steps, Gas Grill, Outdoor Grill, Private Yard
Garage Spaces 1.0
Fence Back Yard, Privacy, Wood
Pool None
Community Features None
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Waterfront Description None
View Neighborhood
Roof Type Composition
Building
Lot Description Back Yard, City Lot, Curbs, Few Trees, Front Yard, Interior Lot, Level, Public Maintained Road
Foundation Combination
Sewer Public Sewer
Water Public
Structure Type See Remarks
New Construction No
Schools
Elementary Schools Fredericksburg
Middle Schools Fredericksburg
High Schools Fredericksburg (Fredericksburg Isd)
School District Fredericksburg Isd
Others
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition Standard
Read Less
Bought with Non MLS Office
NEARBY SCHOOLS & BUSINESSES
GET MORE INFORMATION


