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Fred Milling
Sales/Leasing
REALTOR®
(512) 623-0580
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511 Olive St, Fredericksburg, TX 78624

$685,000
  • 511 Olive St, Fredericksburg, TX 78624 Main Photo

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Active
BEDS3 BATHS2 full SQUARE FEET1,588 MLS#4197545
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONSouth Heights SCHOOLFredericksburg 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 plumbedand 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.

511 Olive St | MLS# 4197545

This single family home located at 511 Olive St, Fredericksburg, TX 78624 is currently listed for sale with an asking price of $685,000. This property was built in 1960 and has 3 bedrooms and 2 full baths with 1588 sq. ft. Olive St is located in the South Heights subdivision within the Fredericksburg ISD school district. Search South Heights real estate on www.millingaboutre.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Ceiling Fan(s), Central Air, Electric
Garage: 1 car attached
Heating: Central, Natural Gas
Lot Size: 0.26 Acres
Roof Type: Composition
Stories: 1.0
Taxes: $7,603
Year Built: 1960

Amenities

See Remarks
Ceiling Fan(s)
Chandelier
Granite Counters
Double Vanity
Open Floorplan
Primary Bedroom on Main
Recessed Lighting
Storage
Washer Hookup
Exterior Steps
Gas Grill
Outdoor Grill
Private Yard

Feature Descriptions

Appliances: Dishwasher, Dryer, Electric Range, Microwave, RNGHD, Refrigerator, Stainless Steel Appliance(s), Washer, Gas Water Heater
Area #: GP
Days on Site: 21
Exterior: See Remarks
Fencimg: Back Yard, Privacy, Wood
Flood Plain: No
Flooring: Tile, Wood
Hot Tub: Yes
Laundry: Washer Hookup
Lot: Back Yard, City Lot, Curbs, Few Trees, Front Yard, Interior Lot, Level, Public Maintained Road
Parcel#: S14500040000200
Parking: Attached, Driveway, Garage, Garage Faces Front
Parking Notes: Attached, Driveway, Garage, Garage Faces Front
Patio/Porch: See Remarks, Deck, Front Porch, Patio
Restrictions: City Restrictions, Zoning
Security: Smoke Detector(s)
Sewer: Public Sewer
Spa: Above Ground, Hot Tub
Special View Info: Neighborhood
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water: Public
Window: Drapes, Window Coverings

Local Schools

High School: Fredericksburg (Fredericksburg ISD)
Middle School: Fredericksburg
Elementary School: Fredericksburg
School District: Fredericksburg ISD

Listed By / Shown By

Listed By

Agency Name: Kuper Sotheby's Int'l Realty
Agency Contact: (210) 860-2668

Shown By

Agent Name: Fred Milling
Agent Phone: (512) 623-0580
Agency Title: Realty Capital City

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Estimated Payment

$ 2,357.89 per month $1,524.51 Principal & Interest $633.58 Property Tax $199.79 Homeowner's Insurance

Change Payment Information

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 03/19/2026. The listing information on this page last changed on 03/19/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 03/19/2026 4:24:58 AM EST) or Austin MLS (last updated Thu 03/19/2026 12:27:31 AM EST) or CTXMLS (last updated Wed 03/18/2026 11:34:26 PM EST). Real estate listings held by brokerage firms other than Realty Capital City may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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