515 Olaf DR #A & B, Temple, TX 76504
515 Olaf DR #A & B, Temple, TX 76504
515 Olaf DR #A & B, Temple, TX 76504
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$309,000
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2,538 SqFt
Price Dropped by $3K

515 Olaf DR #A & B Temple, TX 76504

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Mariel "Ari" Perez

Mariel "Ari" Perez

+1(512) 927-7020

UPDATED:

Key Details

Property Type Townhouse

Sub Type Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,538 sqft

Price per Sqft $121

Subdivision Liberty Hill Ph Ii

MLS Listing ID 607802

Construction Status Resale

HOA Y/N No

Year Built 2004

Lot Size 8,398 Sqft

Acres 0.1928

Property Sub-Type Townhouse

Property 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 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).

Location

State TX

County Bell

Interior

Interior 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

Heating Central, Electric

Cooling Central Air, Electric, 2 Units

Flooring Ceramic Tile, Vinyl, Carpet Free

Fireplaces Type None

Fireplace No

Appliance 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

Exterior

Exterior Feature Porch, Patio, Private Yard, Rain Gutters

Parking Features Attached, Garage Faces Front, Garage

Garage Spaces 1.0

Garage Description 1.0

Fence Back Yard, Privacy

Pool None

Utilities Available Electricity Available, Trash Collection Public, Underground Utilities

View Y/N No

Water Access Desc Public

View None

Roof Type Composition,Shingle

Accessibility No Stairs

Porch Covered, Patio, Porch

Building

Dwelling Type Townhouse

Story 1

Entry Level One

Foundation Slab

Water Public

Level or Stories One

Construction Status Resale

Schools

Elementary Schools Western Hills Elementary

Middle Schools Lamar Middle School

High Schools Temple High School

School District Temple Isd

Others

Tax ID 335918

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Central Texas MLS (CTXMLS)
Listed by Meleah C. Wehman • Compass RE Texas, LLC

NEARBY SCHOOL & BUSINESS

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Mariel "Ari" Perez

Mariel "Ari" Perez

Agent | License ID: 782625

+1(512) 927-7020

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515 Olaf DR #A & B