511 Olive ST, Fredericksburg TX 78624

Fredericksburg, TX 78624 | South Heights

$685,000 $431/sqft
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

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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

Parking

Garage 1 spaces

Tax Information

Annual Taxes $7,604 (2025)

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Listing History

MLS# 4197545 - Updated Mar 1, 2026 1 days
Feb 26, 2026 Listed Listing Courtesy of Kuper Sotheby's Int'l Realty - kellyjo.gonzalez@​kupersir.com $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 is listed for sale at $685,000. That is $431 per square foot.

How many bedrooms and bathrooms does 511 Olive ST, Fredericksburg TX 78624 have?

511 Olive ST, Fredericksburg TX 78624 has 3 bedrooms and 2 bathrooms (2 full) with 1,588 square feet of living space.

What school district is 511 Olive ST, Fredericksburg TX 78624 in?

511 Olive ST, Fredericksburg TX 78624 is in the Fredericksburg ISD school district. Assigned schools include Fredericksburg (elementary), Fredericksburg (middle), Fredericksburg (Fredericksburg ISD) (high school).

What are the property taxes on 511 Olive ST, Fredericksburg TX 78624?

The annual property taxes on 511 Olive ST, Fredericksburg TX 78624 are $7,604 (as of 2025).

How big is the lot at 511 Olive ST, Fredericksburg TX 78624?

The lot at 511 Olive ST, Fredericksburg TX 78624 is 0.257 acres, and the home has 1,588 square feet of living space.

What type of property is 511 Olive ST, Fredericksburg TX 78624?

511 Olive ST, Fredericksburg TX 78624 is a residential property.

Does 511 Olive ST, Fredericksburg TX 78624 have a garage?

Yes, 511 Olive ST, Fredericksburg TX 78624 has a 1-car garage.

What subdivision is 511 Olive ST, Fredericksburg TX 78624 in?

511 Olive ST, Fredericksburg TX 78624 is located in the South Heights subdivision in Fredericksburg, TX.

How long was 511 Olive ST, Fredericksburg TX 78624 on the market?

511 Olive ST, Fredericksburg TX 78624 was on the market for 1 days, listed on February 26, 2026.

What heating and cooling does 511 Olive ST, Fredericksburg TX 78624 have?

511 Olive ST, Fredericksburg TX 78624 has central, natural gas heating and ceiling fan(s), central air, electric cooling.

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