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511 Olive St Fredericksburg, TX 78624

Price Dropped by $20K
$665,000
511 Olive St Fredericksburg, TX 78624
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511 Olive St, Fredericksburg, TX 78624
511 Olive St, Fredericksburg, TX 78624
511 Olive St, Fredericksburg, TX 78624
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Lakeisha Davis

Lakeisha Davis

inquiries@buyandsellwithlakeisha.realtor +1(815) 382-2806
$665,000
Est. payment /mo
3 Beds
2 Baths
1,588 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Residential

Listing Status Active

Purchase Type For Sale

Square Footage 1,588 sqft

Price per Sqft $418

Subdivision Unknown

MLS Listing ID 1944230

Style One Story

Bedrooms 3

Full Baths 2

Construction Status Pre-Owned

HOA Y/N No

Year Built 1960

Annual Tax Amount $7,604

Tax Year 2025

Lot Size 0.260 Acres

Property Sub-Type Single Residential

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.

Location

State TX

County Gillespie

Area 3100

Rooms

Master Bathroom Main Level 10X7 Tub/Shower Combo, Double Vanity

Master Bedroom Main Level 17X19 DownStairs, Outside Access, Ceiling Fan, Full Bath

Bedroom 2 Main Level 12X8

Bedroom 3 Main Level 11X12

Living Room Main Level 14X19

Dining Room Main Level 10X8

Kitchen Main Level 10X10

Interior

Heating Central, 1 Unit

Cooling One Central

Flooring Ceramic Tile, Wood

Inclusions Ceiling Fans, Chandelier, Washer Connection, Dryer Connection, Washer, Dryer, Microwave Oven, Stove/Range, Gas Grill, Refrigerator, Dishwasher, Smoke Alarm, Gas Water Heater, Smooth Cooktop, Solid Counter Tops, City Garbage service

Heat Source Natural Gas

Exterior

Parking Features One Car Garage, Attached

Pool Hot Tub

Amenities Available None

Roof Type Composition

Private Pool N

Building

Lot Description 1/4 - 1/2 Acre, Mature Trees (ext feat), Level

Foundation Other

Sewer Sewer System, City

Water Water System, City

Construction Status Pre-Owned

Schools

Elementary Schools Fredericksburg

Middle Schools Fredericksburg

High Schools Fredericksburg

School District Fredericksburg

Others

Acceptable Financing Conventional, FHA, VA, Cash

Listing Terms Conventional, FHA, VA, Cash


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LERA MLS - Local Expertise Regional Access /  SABOR
Listed by Kelly Jo Gonzalez • Kuper Sotheby's Int'l Realty • (210) 860-2668
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Lakeisha Davis

Lakeisha Davis

+1(815) 382-2806

REALTOR® | License ID: 696928

REALTOR® License ID: 696928

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+1(815) 382-2806 inquiries@buyandsellwithlakeisha.realtor

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