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USATXTempleLiberty Hill Ph IiA-And-B-515 Olaf Drive
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A-AND-B-515 Olaf Drive, Temple, TX

Townhouse

For Sale

Listed price in listed location currency (USD).
$312,000

001

MLS® 607802

  • Key Facts
  • Description
  • Map

Key Facts

Type Townhouse
Levels Residential
Size 2538 sqft
Garage Yes
Taxes 
Days Active 0
Lot Size 0.1928 acres
Approx. Age 2004
Avg. Price Per Sqft $122
MLS® Number 607802

Property Address: a-and-b-515 Olaf Drive, Temple, TX, 76504

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional opportunity to own a well-maintained duplex in Temple offering immediate income and long-term upside. Whether you’re an investor seeking a truly turn-key asset or an owner-occupant looking to offset your mortgage, this property delivers flexibility and value. Each unit features a spacious 3-bedroom, 2-bath layout with no carpet, dedicated in-unit laundry rooms, and large private fenced backyards backing to peaceful greenspace, creating a rare sense of privacy for tenants. Unit A is further enhanced with stainless steel appliances, adding modern appeal. Current rental income provides strong in-place cash flow with Unit A leased at $1, 290/month through 7/31/2026 and Unit B leased at $1, 365/month through 5/31/2026, offering immediate returns with future flexibility for rent increases or owner occupancy. Major capital improvements have already been completed, including both HVAC systems replaced in February 2026 with transferable 10-year warranties and a roof replaced in 2020, significantly reducing near-term maintenance expenses and increasing investor confidence. Ideally located with convenient access to I-35, several golf courses, shopping, dining, fitness centers, hospitals, Lake Belton, Mary Hardin-Baylor University and major employers, this property is positioned for continued rental demand and long-term appreciation. Don’t miss this rare opportunity to secure a low-maintenance, income-producing property with built-in flexibility in a growing market. (Interior photos were taken prior to current tenancy).
MLS® Number607802
Laundry LevelWasher Hookup, Electric Dryer Hookup, Laundry In Utility Room, Laundry Room, In Unit
Central VacNo
FireplaceNo
Acreage0.1928
Exterior
GarageYes
Approx. Age2004
Basement
DrivewayAttached, Garage Faces Front, Garage
Garage Spaces1
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 24, 2026List Date
$312,000List Price
  • Commute

Commute

Starting Address
Destination Address
515 Olaf Drive, Temple, TX

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