511 S Olive St

Fredericksburg, TX 78624

$665,000
Price
3
Beds
1,588 Sq. Ft.
$419 / Sq. Ft.
1,588
Sq. Ft.
$419
per Sq. Ft.
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Active Option
Active Option

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...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.
  1. Listed by Kelly Jo Gonzalez • TREC #555351 • Kuper Sotheby's Int'l Realty • kellyjo.gonzalez@kupersir.com

Property Details for 511 South Olive Street

School District
Fredericksburg
Neighborhood Amenities
None
Subdivision
Unknown
Style
One Story
Exterior
Siding
LISTING UPDATED: 05/22/2026 09:20 PM

Property Details for 511 South Olive Street

StatusActive Option
MLS #1944230
Days on Market85
Taxes$7,604 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Detached
Year Built1960
Lot Size0.26 AC / 11,325 SF
CountyGillespie County
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Location

Listing Courtesy of Kuper Sotheby's Int'l Realty, Kelly Jo Gonzalez, TREC #555351
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Building Information for 511 South Olive Street

Stories1Year Built1960Building Size-Lot Size0.26 AC / 11,325 SF

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$3,947 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,314

Property Taxes

$634

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 511 South Olive Street

Summary
Location and General Information
  • Area: 3100
  • Elementary School: Fredericksburg
  • Middle School: Fredericksburg
  • High School: Fredericksburg
  • Instruction/Direction: From Main St, go south onto S Eagle St then turn right onto Apple St then left onto S Olive St. Property on left.
  • Accessible/Adaptive Home: No
  • County: Gillespie
  • State: TX
  • Zip: 78624
  • City: Fredericksburg
Taxes and HOA Information
  • HOA Mandatory: None
  • Taxed By Mltpl Counties: No
  • Certified Tax Year: 2025
  • Tax Property ID: 20018
Parking
  • Garage Parking: One Car Garage, Attached
Property
Property and Assessments
  • 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
  • Legal Description: South Hgts Blk 4 Lot 2-Pt & 3
  • Subdivision Legal Name: UNKNOWN
  • Builder Name: Unknown
  • Year Built: 1960
  • Type: Single Family Detached
Lot Information
  • Lot Description: 1/4 - 1/2 Acre, Mature Trees (ext feat), Level
  • Lot Improvements: Street Paved, Curbs, Streetlights, City Street
  • Source Sqft: Appraiser
  • Legal Desc-Lot: 2, 3
  • Square Feet: 1588.0
  • Apprx Age: 66
  • Lot Size: 0.26
Utilities
  • Air Conditioning: One Central
  • Heating Fuel: Natural Gas
  • Water/Sewer: Water System, Sewer System, City
  • Utility Supplier: Gas: Atmos
  • Utility Supplier: Electricity: City
  • Utility Supplier: Garbage: City
  • Utility Supplier: Water: City
  • Utility Supplier: Sewer: City
Interior and Exterior Features
Interior Features
  • Fireplace: Not Applicable
  • Floor: Ceramic Tile, Wood
  • Heating: Central, 1 Unit
  • Interior: One Living Area, Liv/Din Combo, Utility Room Inside, Open Floor Plan, All Bedrooms Downstairs, Laundry Main Level, Laundry Room
  • Window Coverings: Some Remain
  • Number Of Fireplaces: 0
  • Bedrooms: 3
  • Full Baths: 2
  • Half Baths: 0
  • Total Baths: 2
  • Other Rooms: Bathroom 1
  • Total Baths Composite (Full Half): 2.0
Exterior Features
  • Roof: Composition
  • Construction: Pre-Owned
  • Pool: N
  • Foundation: Other
  • Pool/Spa: Hot Tub
  • Proposed Terms: Conventional, FHA, VA, Cash
Living Room
  • Living Room Length: 14.0
  • Living Room Width: 19.0
Kitchen
  • Kitchen Length: 10.0
  • Kitchen Width: 10.0
Dining Room
  • Dining Room Length: 10.0
  • Dining Room Width: 8.0
Bedroom 2
  • Bedroom 2 Length: 12.0
  • Bedroom 2 Width: 8.0
Bedroom 3
  • Bedroom 3 Length: 11.0
  • Bedroom 3 Width: 12.0
Room Information
Room 1
  • Other Room 1 Length: 8.0
  • Other Room 1 Width: 7.0
  • Other Room 1 Level: Main Level
  • Other Room 1 Name: Bathroom 1
Agent
Sale and Listing
  • Contract: Exclusive Right To Sell
Rental
Rental Information
  • OCCUPANCY: Other

Property History for 511 South Olive Street

DateEvent & SourcePriceAppreciation
May 22, 2026

Active Under Contract

SABOR #1944230

—
May 22, 2026

Active Under Contract

CHCBRMLS #101808

—
May 20, 2026

Expired

CHCBRMLS #87742

—
DateEvent & SourcePrice
05/22/2026

Active Under Contract

SABOR #1944230

—
05/22/2026

Active Under Contract

CHCBRMLS #101808

—
05/20/2026

Expired

CHCBRMLS #87742

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 511 South Olive Street

Taxable ValueLand$176,210Additions$420,580Total$596,790
Tax Record2024$7,471 ($623 / month)
Home Facts
Total Finished SqFt1,300 SqFtAbove Grade Finished SqFt1,300 SqFtLot Size11,195 SqFtStyleMiscellaneous CommercialYear Built1960CountyGILLESPIEAPN20018

Schools near 511 South Olive Street

This home is within Fredericksburg Independent School District.
Rating
School
Type
Grades
Distance
Stonewall Elementary School
Public - K to 5
Fredericksburg Middle School
Public - 6 to 8
Fredericksburg High School
Public - 9 to 12
Fredericksburg Elementary School
Public - 2 to 5
Rating
School
Distance
Stonewall Elementary School
PublicK to 5

Fredericksburg Middle School
Public6 to 8

Fredericksburg High School
Public9 to 12

Fredericksburg Elementary School
Public2 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Kuper Sotheby's Int'l Realty, Kelly Jo Gonzalez, TREC #555351

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2026 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2026] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.