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    • Price Unknown

    511 Olive St, Fredericksburg, TX 78624

    3beds
    1,588sqft
    Single Family Residence
    Built in 1960
    0.26 Acres Lot
    $639,500 Zestimate®
    $--/sqft
    $2,848 Estimated rent

    Home value

    $639,500

    Estimated sales range

    Not available

    $2,848/mo

    Zestimate® history
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    What's special

    Stylish fully furnishedHot tubGas grillHardwood flooringRecessed lightingQuality furnishings throughoutCompletely renovated
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kelly Jo Gonzalez TREC #555351 (210) 860-2668,

    Kuper Sotheby's Int'l Realty

    Source: LERA MLS,MLS#: 1944230MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Features: Outside Access, Ceiling Fan(s), Full Bath
    • Area: 323
    • Dimensions: 17 x 19
    Bedroom 2
    • Area: 96
    • Dimensions: 12 x 8
    Bedroom 3
    • Area: 132
    • Dimensions: 11 x 12
    Primary bathroom
    • Features: Tub/Shower Combo, Double Vanity
    • Area: 70
    • Dimensions: 10 x 7
    Dining room
    • Area: 80
    • Dimensions: 10 x 8
    Kitchen
    • Area: 100
    • Dimensions: 10 x 10
    Living room
    • Area: 266
    • Dimensions: 14 x 19
    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

    • Tax assessed value: $596,790
    • Annual tax amount: $7,604
    • Date on market: 2/26/2026
    • Cumulative days on market: 95 days
    • Listing terms: Conventional,FHA,VA Loan,Cash
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/2/2026Sold--
    Source: LERA MLS #1944230 Report a problem
    5/26/2026Pending sale$665,000$419/sqft
    Source: Kuper Sotheby's International Realty #101808 Report a problem
    5/23/2026Contingent$665,000$419/sqft
    Source: LERA MLS #1944230 Report a problem
    4/15/2026Price change$665,000-2.9%$419/sqft
    Source: LERA MLS #1944230 Report a problem
    2/26/2026Listed for sale$685,000-1.4%$431/sqft
    Source: CHCBOR #101808 Report a problem
    5/20/2024Sold--
    Source: CHCBOR #89394 Report a problem
    3/12/2024Price change$695,000-5.4%$438/sqft
    Source: CHCBOR #89394 Report a problem
    10/4/2023Listed for sale$735,000-5.2%$463/sqft
    Source: CHCBOR #89394 Report a problem
    7/9/2023Listing removed--
    Source: CHCBOR #87742 Report a problem
    2/1/2023Listed for sale$775,000+32.5%$488/sqft
    Source: CHCBOR #87742 Report a problem
    1/4/2022Listing removed--
    Source: KVMLS Report a problem
    12/27/2021Listed for sale$585,000$368/sqft
    Source: KVMLS #105291 Report a problem
    12/24/2021Sold--
    Source: Agent Provided Report a problem
    11/15/2021Pending sale$585,000$368/sqft
    Source: CHCBOR #83198 Report a problem
    11/12/2021Listed for sale$585,000-0.8%$368/sqft
    Source: CHCBOR #83198 Report a problem
    10/30/2021Listing removed--
    Source: CHCBOR Report a problem
    10/1/2021Price change$589,900-8.8%$371/sqft
    Source: CHCBOR #82661 Report a problem
    8/17/2021Listed for sale$647,000$407/sqft
    Source: CHCBOR #82661 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,604 +1.8%$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

    Neighborhood: 78624

    Nearby homes

    Nearby schools

    GreatSchools rating
    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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    $639,500
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    With Zillow Showcase(estimated)
    $652,290

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