Date
Details
Price
Change
Source
2/26/2026
Listed
$685,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$685,000
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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.
Full Property Details
Full Property Details for 511 Olive St
General
- Price: $685,000
- Taxes: $7,603 (2025)
- Status: Active
- Type: Single Family
- Source: Austin_MLS
- MLS ID: 4197545
- Updated: 2/26/2026
- Added to Site: 47 day(s) ago
Interior
- 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
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main: 3
Other Rooms
- Laundry: Inside, Laundry Room, Washer Hookup
Additional Information
- Shared Amenities: None, Curbs
- Spa: Yes
- Spa Description: Above Ground, Hot Tub
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Exterior Steps, Gas Grill, Outdoor Grill, Private Yard
- Porch/Patio/Deck: Deck, Front Porch, Patio, See Remarks
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Total Spaces: 2
- Parking Features: Attached, Driveway, Garage Faces Front, Garage
Location
- Area: GP
- County: Gillespie
- Subdivision: South Heights
- Driving Directions: From Main St, go south onto S Eagle St then turn right onto Apple St then left onto S Olive St. Property on left.
- Direction Faces: West
School Information
- Elem School District: Fredericksburg ISD
- Midd School District: Fredericksburg ISD
- High School District: Fredericksburg ISD
- Elementary School: Fredericksburg
- Middle School: Fredericksburg
- High School: Fredericksburg (Fredericksburg ISD)
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: See Remarks
- Roof: Composition
- Windows: Drapes, Window Coverings
- Stories/Levels: 1
- Square Feet: 1,588
- Sq. Ft. Source: Owner
- Living Area: 1,588 Sq. Ft.
- Year Built: 1960
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: See Remarks, Storage
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.257
- Lot Size (Sq. Ft.): 11,194.92
- Fence: Yes
- Lot Features: Back Yard, City Lot, Front Yard, Interior Lot, Level, Few Trees
- Fencing (Description): Back Yard, Privacy, Wood
Financial Considerations
- Assessment Amount: $596,790
- Tax Amount: $7,603.73
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: See Remarks, Survey
- Legal Description: SOUTH HGTS BLK 4 LOT 2-PT & 3
- Disclosures/Reports: Lead Based Paint Disclosure, Seller Disclosure
- Property ID: S14500040000200
- Block: 4
- Lot Number: 2-PT & 3
Listed by Kuper Sotheby's Int'l Realty
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Listing agent
— 511 Olive St —
Kuper Sotheby's Int'l Realty
(210) 860-2668
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 511 Olive St
School District:Fredericksburg Independent School District
| Name | Grades | Distance |
|---|---|---|
Fredericksburg Primary School 1110 South Adams Street, Fredericksburg, TX 78624 | PK-K | 1.1 mi |
Fredericksburg Elementary School 1608 North Adams Street, Fredericksburg, TX 78624 | 1-5 | 1.9 mi |
Stonewall Elementary School 220 Peach Street, Stonewall, TX 78671 | K-5 | 12 mi |
Fredericksburg Middle School 110 West Travis Street, Fredericksburg, TX 78624 | 6-8 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 511 Olive St
Tax History
Tax History for 511 Olive St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,471
18%
$596,790
—
2023
$6,325
—
$596,790
16%
2023
$6,325
80%
$516,280
111%
2021
$3,513
-45%
$244,380
-43%
2022
$6,371
—
$426,310
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 511 Olive St
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511 Olive Street, Fredericksburg, TX 78624 (MLS# 4197545) is a Single Family property with 3 bedrooms and 2 full bathrooms. 511 Olive Street is currently listed for $685,000 and was received on February 26, 2026. Want to learn more about 511 Olive Street? Do you have questions about finding other Single Family real estate for sale in Fredericksburg? You can browse all Fredericksburg real estate or contact a Coldwell Banker agent to request more information.