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511 Olive St, Fredericksburg, TX 78624

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

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New
BEDS3 BATHS2 full SQUARE FEET1,588 MLS#1944230
STATUSNew PROPERTY TYPEResidential - Single Family SUBDIVISIONUnknown SCHOOLFredericksburg

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.

511 Olive St | MLS# 1944230

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 Unknown subdivision within the Fredericksburg school district. Search Unknown real estate on www.kellyrealtors.com today.

Property Features

Property Type: Residential - Single Family
Cooling: One Central
Fuel Type: Natural Gas
Heating: Central,1 Unit
Home Style: One Story
Lot Size: 0.26 Acres
Roof Type: Composition
Stories: 1.0
Taxes: $7,604
Year Built: 1960

Feature Descriptions

Builder Name: Unknown
Days on Site: 8
Exterior: Siding
Flooring: Ceramic Tile, Wood
Foundation: Other
HOA Mandatory: No
Hot Tub: Yes
Improvements: Street Paved, Curbs, Streetlights, City Street
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
Interior: One Living Area, Liv/Din Combo, Utility Room Inside, Open Floor Plan, All Bedrooms Downstairs, Laundry Main Level, Laundry Room
Lot: 1/4 - 1/2 Acre, Mature Trees (ext feat), Level
Neighborhood Amenities: None
Parking: One Car Garage, Attached
Pool/Spa: Hot Tub
Supplier - Electric: City
Supplier - Garbage: City
Supplier - Gas: Atmos
Supplier - Sewer: City
Supplier - Water: City
Tax By Multiple Counties: No
Type: Single Family Detached
Water/Sewer: Water System, Sewer System, City
Windows: Some Remain

Room Sizes

Bedroom 2: 12 X 8
Bedroom 3: 11 X 12
Kitchen: 10 X 10
Dining Room: 10 X 8
Living Room: 14 X 19
Bathroom 1: 8 X 7

Local Schools

High School: Fredericksburg
Middle School: Fredericksburg
Elementary School: Fredericksburg
School District: Fredericksburg

Listed By / Shown By

Listed By

Agency Name: Kuper Sothebys Intl Realty
Agency Phone: (830) 816-5260

Shown By

Agency Title: Kelly, Realtors
Agency Phone: (254) 741-1500
Agency Email: info@kellyrealtors.com
Agency Text: (254) 717-6447

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Estimated Payment

$ 2,357.97 per month $1,524.51 Principal & Interest $633.67 Property Tax $199.79 Homeowner's Insurance

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