This property has sold on July 2, 2026. Looking for something similar? Contact us or browse available homes.

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$299,999
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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 continue leasing 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).
Property Type
Residential Income
Year Built
2004
Lot Size
0.19 acres
$/Sq Ft
$118
Garage
1 spaces
Listed by Compass RE Texas, LLC
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Verified property facts
515 Olaf DR Unit #A & B is listed at $299,999 with 0 bedrooms, 2,538 square feet, 0.19-acre lot.
515 Olaf DR Unit #A & B is zoned for Temple ISD with assigned schools: Western Hills (elementary), Lamar (Temple ISD) (middle), Temple (high). School assignments should be verified directly with the district.
515 Olaf DR Unit #A & B is a Residential Income built in 2004 featuring 0 bedrooms, 2,538 square feet, 0.19-acre lot.
515 Olaf DR Unit #A & B is listed by Compass RE Texas, LLC. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using public records data reviewed as of Jul 2, 2026.
The most recent annual property tax for 515 Olaf DR Unit #A & B is $7,023. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
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1 record on file
Every recorded listing, sale, and lease at 515 Olaf DR Unit #A & B, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline with current price, original ask, and market time.

Temple ISD
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
20% ($60K)
Adjustable assumption - not a lending recommendation.
$299,999
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List price
$299,999
Price per sqft
$118/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
Not available
Original to current
$12K reduction
$312K original
Active inventory context
Ask for current inventory
Source: Public records and Keenan Group review as of Jul 2, 2026.
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This page does not assume a mortgage rate or publish a monthly payment for 515 Olaf DR Unit #A & B. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Jul 2, 2026, 515 Olaf DR Unit #A & B is offered at $299,999. The current MLS snapshot shows 28 active listings in 76504.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
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