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.
For sale
$685,000
511 Olive St, Fredericksburg, TX 78624
3beds
1,588sqft
Est.:
Single Family Residence
Built in 1960
0.26 Acres Lot
$687,700 Zestimate®
$431/sqft
$-- HOA
What's special
Stylish fully furnishedHot tubGas grillHardwood flooringRecessed lightingQuality furnishings throughoutCompletely renovated
- 5 days |
- 370 |
- 12 |
Zillow last checked: 8 hours ago
Listing updated: February 26, 2026 at 07:36am
Listed by:
Kelly Jo Gonzalez TREC #555351 (210) 860-2668,
Kuper Sotheby's Int'l Realty
Source: LERA MLS,MLS#: 1944230
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Outside Access, Ceiling Fan(s), Full Bath
- Area: 224
- Dimensions: 16 x 14
Bedroom 2
- Area: 121
- Dimensions: 11 x 11
Bedroom 3
- Area: 110
- Dimensions: 11 x 10
Primary bathroom
- Features: Tub/Shower Combo, Double Vanity
- Area: 54
- Dimensions: 9 x 6
Kitchen
- Area: 120
- Dimensions: 10 x 12
Living room
- Area: 192
- Dimensions: 16 x 12
Heating
- Central, 1 Unit, Natural Gas
Cooling
- Central Air
Appliances
- Included: Washer, Dryer, Microwave, Range, Indoor Grill, Refrigerator, Dishwasher, Gas Water Heater, Electric Cooktop
- Laundry: Main Level, Laundry Room, Washer Hookup, Dryer Connection
Features
- One Living Area, Liv/Din Combo, Utility Room Inside, Open Floorplan, All Bedrooms Downstairs, Master Downstairs, Ceiling Fan(s), Chandelier, Solid Counter Tops
- Flooring: Ceramic Tile, Wood
- Has basement: No
- Has fireplace: No
- Fireplace features: Not Applicable
Interior area
- Total interior livable area: 1,588 sqft
Property
Parking
- Total spaces: 1
- Parking features: One Car Garage, Attached
- Attached garage spaces: 1
Features
- Levels: One
- Stories: 1
- Has spa: Yes
- Spa features: Heated
Lot
- Size: 0.26 Acres
- Features: 1/4 - 1/2 Acre, Level, Curbs, Streetlights
- Residential vegetation: Mature Trees (ext feat)
Details
- Parcel number: 20018
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Siding
- Foundation: Other
- Roof: Composition
Condition
- Pre-Owned
- New construction: No
- Year built: 1960
Utilities & green energy
- Electric: City
- Gas: Atmos
- Sewer: City, Sewer System
- Water: City, Water System
- Utilities for property: City Garbage service
Community & HOA
Community
- Features: None
- Security: Smoke Detector(s)
- Subdivision: Unknown
Location
- Region: Fredericksburg
Financial & listing details
- Price per square foot: $431/sqft
- Tax assessed value: $596,790
- Annual tax amount: $7,604
- Price range: $685K - $685K
- Date on market: 2/26/2026
- Cumulative days on market: 6 days
- Listing terms: Conventional,FHA,VA Loan,Cash
- Road surface type: Paved
Estimated market value
$687,700
$653,000 - $722,000
$2,361/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/26/2026 | Listed for sale | $685,000-1.4%$431/sqft |
Source:  CHCBOR #101808 Report a problem | ||
| 5/20/2024 | Sold | -- |
Source: CHCBOR #89394 Report a problem | ||
| 3/12/2024 | Price change | $695,000-5.4%$438/sqft |
Source: CHCBOR #89394 Report a problem | ||
| 10/4/2023 | Listed for sale | $735,000-5.2%$463/sqft |
Source: CHCBOR #89394 Report a problem | ||
| 7/9/2023 | Listing removed | -- |
Source: CHCBOR #87742 Report a problem | ||
| 2/1/2023 | Listed for sale | $775,000+32.5%$488/sqft |
Source: CHCBOR #87742 Report a problem | ||
| 1/4/2022 | Listing removed | -- |
Source: KVMLS Report a problem | ||
| 12/27/2021 | Listed for sale | $585,000$368/sqft |
Source: KVMLS #105291 Report a problem | ||
| 12/24/2021 | Sold | -- |
Source: CHCBOR #83198 Report a problem | ||
| 11/15/2021 | Pending sale | $585,000$368/sqft |
Source: CHCBOR #83198 Report a problem | ||
| 11/12/2021 | Listed for sale | $585,000-0.8%$368/sqft |
Source: CHCBOR #83198 Report a problem | ||
| 10/30/2021 | Listing removed | -- |
Source: CHCBOR Report a problem | ||
| 10/1/2021 | Price change | $589,900-8.8%$371/sqft |
Source: CHCBOR #82661 Report a problem | ||
| 8/17/2021 | Listed for sale | $647,000$407/sqft |
Source: CHCBOR #82661 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $596,790 |
| 2024 | $7,471 +18.1% | $596,790 +15.6% |
| 2023 | $6,325 -0.7% | $516,280 +21.1% |
| 2022 | $6,371 | $426,310 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,797/mo
Principal & interest
$3215
Property taxes
$582
Climate risks
Neighborhood: 78624
Nearby schools
GreatSchools rating
- NAFredericksburg Primary SchoolGrades: PK-1Distance: 1.1 mi
- 5/10Fredericksburg Middle SchoolGrades: 6-8Distance: 1.3 mi
- 7/10Fredericksburg High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Fredericksburg
- Middle: Fredericksburg
- High: Fredericksburg
- District: Fredericksburg
Source: LERA MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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