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Listed price in listed location currency (USD).
$309,000

001

MLS® 6331533

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 2538 sqft
Garage Yes
Taxes $7,023
Days Active 46
Lot Size 
Approx. Age 2004
Avg. Price Per Sqft $121
MLS® Number 6331533

Property Address: a-and-b-515 Olaf Dr, Temple, TX, 76504-2150

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 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).
MLS® Number6331533
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age2004
Basement
DrivewayAttached, Garage Faces Front, Garage, Outside
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 25, 2026List Date
$309,000List Price
-End Date
Not Sold YetSold Price

For Sale

Mar 25, 2026List Date
$309,000List Price
  • Commute

Commute

Starting Address
Destination Address
515 Olaf Dr, Temple, TX

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