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Russell Cox
Relocation Director
REALTOR®
Cell: (254) 717-6447
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511 Olive St, Fredericksburg, TX 78624

$685,000
  • 511 Olive St, Fredericksburg, TX 78624 Main Photo

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New
BEDS3 BATHS2 full SQUARE FEET1,588 MLS#1944230
STATUSNew PROPERTY TYPEResidential - Single Family SUBDIVISIONUnknown SCHOOLFredericksburg

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.

511 Olive St | MLS# 1944230

This single family home located at 511 Olive St, Fredericksburg, TX 78624 is currently listed for sale with an asking price of $685,000. This property was built in 1960 and has 3 bedrooms and 2 full baths with 1588 sq. ft. Olive St is located in the Unknown subdivision within the Fredericksburg school district. Search Unknown real estate on www.254sale.com today.

Property Features

Property Type: Residential - Single Family
Cooling: One Central
Fuel Type: Natural Gas
Heating: Central,1 Unit
Home Style: One Story
Lot Size: 0.26 Acres
Roof Type: Composition
Stories: 1.0
Taxes: $7,604
Year Built: 1960

Feature Descriptions

Builder Name: Unknown
Days on Site: 8
Exterior: Siding
Flooring: Ceramic Tile, Wood
Foundation: Other
HOA Mandatory: No
Hot Tub: Yes
Improvements: Street Paved, Curbs, Streetlights, City Street
Inclusions: Ceiling Fans, Chandelier, Washer Connection, Dryer Connection, Washer, Dryer, Microwave Oven, Stove/Range, Gas Grill, Refrigerator, Dishwasher, Smoke Alarm, Gas Water Heater, Smooth Cooktop, Solid Counter Tops, City Garbage service
Interior: One Living Area, Liv/Din Combo, Utility Room Inside, Open Floor Plan, All Bedrooms Downstairs, Laundry Main Level, Laundry Room
Lot: 1/4 - 1/2 Acre, Mature Trees (ext feat), Level
Neighborhood Amenities: None
Parking: One Car Garage, Attached
Pool/Spa: Hot Tub
Supplier - Electric: City
Supplier - Garbage: City
Supplier - Gas: Atmos
Supplier - Sewer: City
Supplier - Water: City
Tax By Multiple Counties: No
Type: Single Family Detached
Water/Sewer: Water System, Sewer System, City
Windows: Some Remain

Room Sizes

Bedroom 2: 12 X 8
Bedroom 3: 11 X 12
Kitchen: 10 X 10
Dining Room: 10 X 8
Living Room: 14 X 19
Bathroom 1: 8 X 7

Local Schools

High School: Fredericksburg
Middle School: Fredericksburg
Elementary School: Fredericksburg
School District: Fredericksburg

Listed By / Shown By

Listed By

Agency Name: Kuper Sothebys Intl Realty
Agency Phone: (830) 816-5260

Shown By

Agent Name: Russell Cox
Agent Phone: Cell: (254) 717-6447
Agency Title: Kelly, Realtors
Agency Email: info@kellyrealtors.com
Agency Text: (254) 717-6447

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Estimated Payment

$ 2,357.97 per month $1,524.51 Principal & Interest $633.67 Property Tax $199.79 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/06/2026. The listing information on this page last changed on 03/06/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 03/06/2026 12:15:15 AM EST) or NTREIS (last updated Thu 03/05/2026 11:49:04 PM EST) or SABOR MLS (last updated Thu 03/05/2026 11:52:56 PM EST) or CTXMLS (last updated Thu 03/05/2026 11:34:32 PM EST). Real estate listings held by brokerage firms other than Kelly, Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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