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    • Price Unknown

    515 Olaf Dr #A & B, Temple, TX 76504

    6beds
    4baths
    2,538sqft
    Townhouse, Duplex, Multi Family, Multi Family
    Built in 2004
    8,398 Square Feet Lot
    $254,900 Zestimate®
    $--/sqft
    $2,065 Estimated rent

    Home value

    $254,900

    $240,000 - $270,000

    $2,065/mo

    Zestimate® history
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    What's special

    Stainless steel appliancesDedicated in-unit laundry rooms
    Bring Offers! 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 7/31/2027 and Unit B leased at $1,365/month through 5/31/2026, offering immediate returns with future flexibility to lease or owner-occupy. 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).

    Zillow last checked:

    Listing updated:

    Listed by:

    Meleah C. Wehman 512-656-9463,

    Compass RE Texas, LLC

    Bought with:

    Sharon T. Toler, TREC #0659020

    Coldwell Banker Apex, Realtors

    , TREC #null

    Source: Central Texas MLS,MLS#: 607802MLS LogoOriginating MLS: Williamson County Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric, 2 Units
    Appliances
    • Included: Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator, Vented Exhaust Fan, Some Electric Appliances, Range
    • Laundry: Washer Hookup, Electric Dryer Hookup, Laundry in Utility Room, Laundry Room, In Unit
    Features
    • All Bedrooms Down, Ceiling Fan(s), Double Vanity, Laminate Counters, Pull Down Attic Stairs, Tub Shower, Walk-In Closet(s), Bedroom on Main Level, Full Bath on Main Level, Pantry, Solid Surface Counters
    • Flooring: Ceramic Tile, Vinyl, Carpet Free
    • Attic: Pull Down Stairs
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total interior livable area: 2,538 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Attached, Garage Faces Front, Garage
    • Attached garage spaces: 1
    Accessibility
    • Accessibility features: No Stairs
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Patio, Porch
    • Exterior features: Porch, Patio, Private Yard, Rain Gutters
    • Pool features: None
    • Fencing: Back Yard,Privacy
    • Has view: Yes
    • View description: None
    • Body of water: None
    Lot
    • Size: 8,398 Square Feet
    Details
    • Parcel number: 335918

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse, Duplex, Multi Family, Multi Family
    • Attached to another structure: Yes
    Materials
    • Brick, HardiPlank Type, Masonry, Other, See Remarks
    • Foundation: Slab
    • Roof: Composition,Shingle
    Condition
    • Resale
    • Year built: 2004

    Utilities & green energy

    • Water: Public
    • Utilities for property: Electricity Available, Trash Collection Public, Underground Utilities

    Community & HOA

    Community
    • Subdivision: Liberty Hill Ph II
    HOA
    • Has HOA: No
    Location
    • Region: Temple

    Financial & listing details

    • Date on market: 3/24/2026
    • Cumulative days on market: 95 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Tenant pays: All Utilities
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/2/2026Sold--
    Source: Central Texas MLS #607802 Report a problem
    6/19/2026Listing removed$299,999$118/sqft
    Source: Central Texas MLS #607802 Report a problem
    6/12/2026Contingent$299,999$118/sqft
    Source: Unlock MLS #6331533 Report a problem
    5/18/2026Price change$299,999-2.9%$118/sqft
    Source: Central Texas MLS #607802 Report a problem
    5/4/2026Listed for sale$309,000$122/sqft
    Source: Unlock MLS #6331533 Report a problem
    4/27/2026Contingent$309,000$122/sqft
    Source: Unlock MLS #6331533 Report a problem
    3/27/2026Price change$309,000-1%$122/sqft
    Source: Central Texas MLS #607802 Report a problem
    3/25/2026Listed for sale$312,000$123/sqft
    Source: Unlock MLS #6331533 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 76504

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Western Hills Elementary
    • Middle: Lamar Middle School
    • High: Temple High School
    • District: Temple ISD

    Source: Central Texas 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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    Estimated market value
    $254,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $254,900

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