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

Temple
Local realty services provided by:Better Homes and Gardens Real Estate Hometown
Listed by: meleah wehman
Office: compass re texas, llc.
MLS#:6331533
Source:ACTRIS
515 Olaf Dr #A & B,Temple, TX 76504
$309,000
Virtual Tour
  • - Beds
  • - Baths
  • 2,538 sq. ft.
  • Multi-family
  • Active

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 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...

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Home facts

  • Year built:2004
  • Listing ID #:6331533
  • Updated:March 28, 2026 at 02:56 PM

Rooms and interior

  • Flooring:Tile, Vinyl
  • Kitchen Description:Dishwasher, Disposal, Exhaust Fan, Free-Standing Electric Range, Free-Standing Refrigerator
  • Living area:2,538 sq. ft.

Heating and cooling

  • Cooling:Central
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:2004
  • Building area:2,538 sq. ft.
  • Lot Features:Back Yard, Curbs, Few Trees, Front Yard, Interior Lot, Level, Public Maintained Road
  • Construction Materials:Brick, Masonite, Masonry Partial
  • Exterior Features:Private Yard
  • Foundation Description:Slab

Schools

  • High school:Temple
  • Elementary school:Western Hills

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$309,000
  • Price per sq. ft.:$121.75
  • Tax amount:$7,023 (2025)

Features and amenities

  • Appliances:Dishwasher, Disposal, Electric Dryer Hookup, Exhaust Fan, Free-Standing Electric Range, Free-Standing Refrigerator, Washer Hookup
  • Amenities:Pantry

Parking

  • Parking description:Attached, Garage, Garage Faces Front
  • Garage:Yes
  • Garage spaces:1
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