511 Olive ST, Fredericksburg TX 78624

Fredericksburg, TX 78624 | South Heights

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This 3bd/2.0ba in SOUTH HEIGHTS recently went under contract and closed. The good news? Similar homes are available nearby. Good news: 7 similar properties are currently available in SOUTH HEIGHTS. Take a look below. Prices in SOUTH HEIGHTS have risen 11.7% over the last 6 months. SOUTH HEIGHTS is currently a seller's market with 7 comparable homes on the market. Own a home in SOUTH HEIGHTS? See what it's worth right now with our free home value tool. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus
3 Beds
2 Baths 2 Full
1,588 Sq Ft
0.257 Acres
1960 Built
1 Garage

About This Property

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.

Features

  • See Remarks
  • Ceiling Fan(s)
  • Chandelier
  • Granite Counters
  • Double Vanity
  • Open Floorplan
  • Primary Bedroom on Main
  • Recessed Lighting
  • Storage
  • Washer Hookup

Location

Schools

Property Details

Property Type Residential
Flooring Tile, Wood
Cooling Ceiling Fan(s), Central Air, Electric
Heating Central, Natural Gas
Exterior Exterior Steps, Gas Grill, Outdoor Grill, Private Yard
MLS # 4197545
Garage 1 spaces

Tax Information

Annual Taxes (MLS) $7,604 (2025)

Listing History

MLS# 4197545 92 days
Jun 2, 2026 Off Market
Jun 2, 2026 Pending
Apr 20, 2026 Price Change $665,000
Feb 26, 2026 Listed $685,000

Frequently Asked Questions About 511 Olive ST, Fredericksburg TX 78624

When was 511 Olive ST, Fredericksburg TX 78624 built?

511 Olive ST, Fredericksburg TX 78624 was built in 1960.

How much does 511 Olive ST, Fredericksburg TX 78624 cost?

511 Olive ST, Fredericksburg TX 78624 sold on June 2, 2026. Contact us for sale price details.

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