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511 Olive St

Fredericksburg, TX 78624
  • $685,000
  • STATUS: Active
  • ID#: 4197545
UPDATED: 74 min ago
$685,000
  • 3
    BEDS
  • 0.26
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,588
    SQFT
  • $431
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1960
County:

School Information

Elementary School:
Middle School:
School District:
Property listed by Kelly Jo Gonzalez of Kuper Sotheby's Int'l Realty: (210) 860-2668.

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.

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© 2026 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is 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. Data last updated: 2026-03-10T20:00:36.753.

MLS Grid  logoBased on information submitted to the MLS GRID as of 2026-03-10T20:00:36.753 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for MLS GRID DMCA Notice
austin.benkinneyteam.com/homes/173364777
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511 Olive St Fredericksburg, TX 78624

  • Price: $685,000
  • Status: Active
  • On Site: Days
  • Updated: 74 min ago
  • ID#: 4197545
3
Beds
2
Baths
0
½ Baths
0.26
Acres
1,588
SQFT
$431
$/SQFT
1960
Built
Neighborhood:
South Heights
County:
Gillespie
Area:
Fredericksburg
Elementary School:
Fredericksburg
Middle School:
Fredericksburg
High School:
Fredericksburg (Fredericksburg ISD)
School District:
Fredericksburg ISD
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.
Exterior Features

Attached Garage YN Yes Covered Spaces 1 Direction Faces West Exterior Features Exterior StepsGas GrillOutdoor GrillPrivate Yard Fencing Back YardPrivacyWood Foundation Details Combination Garage YN Yes Levels One Lot Features Back YardCity LotCurbsFew TreesFront YardInterior LotLevelPublic Maintained Road Other Structures See RemarksStorage Parking Features AttachedDrivewayGarageGarage Faces Front Patio And Porch Features See RemarksDeckFront PorchPatio Roof Composition View Neighborhood Waterfront Features None Waterfront YN No

Interior Features

Appliances DishwasherDryerElectric RangeMicrowaveRNGHDRefrigeratorStainless Steel Appliance(s)WasherGas Water Heater Cooling Ceiling Fan(s)Central AirElectric Fireplaces Total 0 Flooring TileWood Heating CentralNatural Gas Interior Features See RemarksCeiling Fan(s)ChandelierGranite CountersDouble VanityOpen FloorplanPrimary Bedroom on MainRecessed LightingStorageWasher Hookup Laundry Location InsideLaundry Room Main Level Bedrooms 3 Num Dining 1 Num Living 1 Rooms Living Room (Main Level Ceiling Fan(s)) Primary Bathroom (Main Level Dual VanityFull Bath) Primary Bedroom (Main Level Ceiling Fan(s)) Kitchen (Main Level GranCntRecessed Lighting) Window Features DrapesWindow Coverings

Property Features

Accessibility Features None Additional Parcels YN No Association YN No Community Features None Estimated Taxes 7603.73 Fema Flood Plain No Horse YN No Listing Terms CashConventionalFHAVA Loan New Construction YN No Pool Features None Pool Private YN No Property Condition Resale Property Sub Type Single Family Residence Sewer Public Sewer Spa Features Above GroundHot Tub Special Listing Conditions Standard Tax Annual Amount 7603.73 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Source Public



© 2026 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is 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. Data last updated: 2026-03-10T20:00:36.753.

MLS Grid  logoBased on information submitted to the MLS GRID as of 2026-03-10T20:00:36.753 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for MLS GRID DMCA Notice
 
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Ben Kinney Real Estate Team
1801 S MoPac Expy, #100
Austin TX, 78746
Property listed by Kelly Jo Gonzalez of Kuper Sotheby's Int'l Realty: (210) 860-2668.