$665,000 - 511 Olive Street, Fredericksburg
- 3
- Bedrooms
- 2
- Baths
- 1,588
- SQ. Feet
- 0.26
- Acres
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.
Essential Information
-
- 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:
- Active
Community Information
-
- Address:
- 511 Olive Street
-
- 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
-
- # of Garages:
- 1
-
- View:
- Neighborhood
-
- Waterfront:
- None
Interior
-
- Interior:
- Tile, Wood
-
- Appliances:
- Dryer, Dishwasher, Electric Range, Gas Water Heater, Microwave, Refrigerator, Range Hood, Stainless Steel Appliance(s), Washer
-
- Heating:
- Central, Natural Gas
-
- # 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)