Properties

Temple, TX 76504 515 Olaf Drive A & B

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Presented By: Compass RE Texas, LLC
  • MLS# 607802
  • 03/24/2026
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  • SQFT • 2,538
  • Garage • 1

Home Details

Exceptional opportunity to own a well-maintained duplex in Temple offering immediate income and long-term upside. Whether youโ€™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. Donโ€™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).
Presented By: Compass RE Texas, LLC

Additional Details

Price History

Connect Realty

Price $309,000
MLS#607802
List Date 03/24/2026
Property Type Townhouse
Phone 888.795.6274
Get pre-approved
Request Tour
Request Info
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2170 Buckthorne PL. #100
The Woodlands, TX 77380
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