515 Olaf Dr #A & B
Temple, TX 76504
- 6 Beds
- 4 Baths
- 2,538 sqft
6 Beds
4 Baths
2,538 sqft
Local Information
-- mins to
Description
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).
515 Olaf Dr #A & B, Temple, TX 76504 is a 6 bedroom, 4 bathroom, 2,538 sqft townhouse built in 2004. It last sold for the $299,999 asking price on Jul 2, 2026. It is currently off market. The Trulia Estimate is $254,900, with a rent estimate of $2,215/month.
Home Highlights
Parking
1 Car Garage
Outdoor
Porch, Patio
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
116 days ago
Home Details for 515 Olaf Dr #A & B
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MLS Status: Closed |
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Beds & Baths Number of Bedrooms: 6Number of Bathrooms: 4 |
Dimensions and Layout Living Area: 2538 Square Feet |
Appliances & Utilities Utilities: Electricity Available, Trash Collection Public, Underground UtilitiesAppliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator, Vented Exhaust Fan, Some Electric Appliances, RangeDishwasherDisposalLaundry: Washer Hookup,Electric Dryer Hookup,Laundry in Utility Room,Laundry Room,In UnitRefrigerator |
Heating & Cooling Heating: Central,ElectricHas CoolingAir Conditioning: Central Air,Electric,2 UnitsHas HeatingHeating Fuel: Central |
Fireplace & Spa Fireplace: NoneNo FireplaceNo Spa |
Gas & Electric Has Electric on Property |
Windows, Doors, Floors & Walls Flooring: Ceramic Tile, Vinyl, Carpet Free |
Levels, Entrance, & Accessibility Stories: 1Levels: OneAccessibility: No StairsFloors: Ceramic Tile, Vinyl, Carpet Free |
View No ViewView: None |
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Exterior Home Features Roof: Composition ShinglePatio / Porch: Covered, Patio, PorchFencing: Back Yard, PrivacyExterior: Porch, Patio, Private Yard, Rain GuttersFoundation: Slab |
Parking & Garage Number of Garage Spaces: 1Number of Covered Spaces: 1Has a GarageHas an Attached GarageParking Spaces: 1Parking: Attached,Garage Faces Front,Garage |
Pool Pool: None |
Frontage Road Surface Type: PavedNot on Waterfront |
Water & Sewer Water Body: None |
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Cumulative Days on Market: 95 |
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Year Built Year Built: 2004 |
Property Type / Style Property Type: ResidentialProperty Subtype: Townhouse, Duplex, Multi Family, Multi FamilyStructure Type: TownhouseArchitecture: Townhouse |
Building Construction Materials: Brick, HardiPlank Type, Masonry, Other, See RemarksAttached To Another Structure |
Property Information Condition: ResaleParcel Number: 335918 |
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Price List Price: $299,999 |
Status Change & Dates Off Market Date: Sat Jul 04 2026Possession Timing: Subject To Tenant Rights |
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Direction & Address City: TempleCommunity: Liberty Hill Ph II |
School Information Elementary School: Western Hills ElementaryElementary School District: Temple ISDJr High / Middle School: Lamar Middle SchoolJr High / Middle School District: Temple ISDHigh School: Temple High SchoolHigh School District: Temple ISD |
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Units in Building: 2 |
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Association for this Listing: Williamson County Association of REALTORSNo HOA |
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Lot Area: 8398.368 sqft |
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Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional |
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Expense Tenant Pays: All Utilities |
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Mls Number: 607802Living Area Range Units: Square FeetAttic: Pull Down StairsAttribution Contact: 512-656-9463Above Grade Unfinished Area Units: Square FeetActivation Date: Tue Mar 24 2026Below Grade Unfinished Area Units: Square FeetUniversal Property Id: US-48027-N-335918-R-N |
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Days On Market Replication: 95 |
Last check for updates: about 20 hours ago
Listed by Meleah C. Wehman, (512) 656-9463
Compass RE Texas, LLC
Bought with: Sharon T. Toler, (512) 775-1801, Coldwell Banker Apex, Realtors
Originating MLS: Williamson County Association of REALTORS
Source: Central Texas MLS, MLS#607802

Price History for 515 Olaf Dr #A & B
| Date | Price | Event | Source |
|---|---|---|---|
| 07/02/2026 | -- | Sold | Central Texas MLS #607802 |
| 06/19/2026 | $299,999 | ListingRemoved | Central Texas MLS #607802 |
| 06/12/2026 | $299,999 | Contingent | Unlock MLS #6331533 |
| 05/18/2026 | $299,999 | PriceChange | Central Texas MLS #607802 |
| 05/04/2026 | $309,000 | PendingToActive | Unlock MLS #6331533 |
| 04/27/2026 | $309,000 | Contingent | Unlock MLS #6331533 |
| 03/27/2026 | $309,000 | PriceChange | Central Texas MLS #607802 |
| 03/25/2026 | $312,000 | Listed For Sale | Unlock MLS #6331533 |
Market trends in Temple
Last updated June 2026
Avg. sale price
$261K
$6.47KMoM
Sale-to-List Price
99.1%
0.1%MoM
Price per sq ft
$149
$2MoM
Available listings
688
3MoM
Comparable Sales for 515 Olaf Dr #A & B
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.57 | Townhouse | - | 09/04/25 | 6 | 4 | 2,878 | |
1.58 | Townhouse | - | 09/08/25 | 6 | 4 | 2,878 | |
1.81 | Townhouse | - | 07/13/26 | 3 | 2 | 1,876 | |
2.38 | Townhouse | - | 12/10/25 | 4 | 2 | 1,408 | |
2.32 | Townhouse | - | 03/03/26 | 2 | 2.5 | 1,447 | |
3.00 | Townhouse | - | 12/11/25 | 3 | 2.5 | 1,355 | |
3.90 | Townhouse | - | 07/01/26 | 3 | 2.5 | 1,378 | |
4.88 | Townhouse | - | 07/30/25 | 3 | 2.5 | 1,640 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 515 Olaf Dr #A & B.
What Locals Say about Temple
At least 617 Trulia users voted on each feature.
88 % Say car is needed
84 % Say parking is easy
80 % Say it's dog friendly
79 % Say yards are well-kept
77 % Say there's holiday spirit
71 % Say kids play outside
65 % Say it's quiet
54 % Say people would walk alone at night
45 % Say neighbors are friendly
45 % Say they plan to stay for at least 5 years
43 % Say there are sidewalks
40 % Say streets are well-lit
40 % Say there's wildlife
28 % Say it's walkable to restaurants
23 % Say it's walkable to grocery stores
21 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
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Apartments for Rent
Homes for sale near 515 Olaf Dr #A & B
Off Market Homes Near 515 Olaf Dr #A & B

Listing and property data is from an Internet Data Exchange (IDX) provided by the Central Texas MLS. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Copyright 2026 Central Texas MLS, All Rights Reserved.

