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

Temple
Local realty services provided by:ERA Experts
515 Olaf Drive #A & B,Temple, TX 76504
$309,000
Virtual Tour
  • - Beds
  • - Baths
  • 2,538 sq. ft.
  • Townhouse
  • Active
Listed by: meleah c. wehman
Office: compass re texas, llc.
MLS#:607802
Source:TX_FRAR

Price summary

  • Price:$309,000
  • Price per sq. ft.:$121.75

About this home

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 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,...

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Home facts

  • Year built:2004
  • Listing ID #:607802
  • Added:2 day(s) ago
  • Updated:March 27, 2026 at 08:13 PM

Rooms and interior

  • Flooring:Carpet Free, Ceramic Tile, Vinyl
  • Bathrooms Description:Double Vanity, Tub Shower
  • Kitchen Description:Dishwasher, Disposal, Electric Range, Laminate Counters, Pantry, Range, Refrigerator, Solid Surface Counters, Some Electric Appliances, Vented Exhaust Fan
  • Bedroom Description:All Bedrooms Down
  • Living area:2,538 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans, Central Air, Electric
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Roof:Composition, Shingle
  • Year built:2004
  • Building area:2,538 sq. ft.
  • Lot area:0.19 Acres
  • Architectural Style:Townhouse
  • Construction Materials:Brick, Masonry
  • Exterior Features:Covered, Patio, Porch, Private Yard, Rain Gutters
  • Foundation Description:Slab
  • Levels:1 Story

Schools

  • High school:Temple High School
  • Middle school:Lamar Middle School
  • Elementary school:Western Hills Elementary

Utilities

  • Water:Public

Finances and disclosures

  • Price:$309,000
  • Price per sq. ft.:$121.75

Features and amenities

  • Appliances:Dishwasher, Disposal, Electric Range, Electric Water Heater, Range, Refrigerator, Some Electric Appliances, Vented Exhaust Fan
  • Laundry features:Electric Dryer Hookup, In Unit, Laundry Room, Washer Hookup
  • Amenities:Pull-Down Attic Stairs, Walk-in Closets

Parking

  • Parking description:1 Car Garage, Attached, Garage, Garage Faces Front
  • Garage:Yes
  • Garage spaces:1
Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. The data relating to real estate for sale on this web site comes in part from the FHAAR IDX INFO SHARE PROGRAM. Real estate listings held by brokerage firms other than ERA Experts include the name of the listing agent. Copyright 2026 FHAAR IDX INFO SHARE PROGRAM. Last Updated March 27, 2026

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