515 Olaf

Temple, TX 76504

515 Olaf

  • Temple, TX 76504
  • Liberty Hill Ph Ii
  • $312000
  • N/ABed
  • N/ABath
  • 2,538SQFT

Details

StatusActive
Year Built2004
CountyBell
Flooring
Lot Size0.1928
ParkingAttached, GarageFacesFront, Garage
Total Stories
CoolingCentralAir, Electric, TwoUnits
School District Temple ISD
Schools Temple High School, Lamar Middle School, Western Hills Elementary
FireplaceNone
Property 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 for rent increases or owner occupancy. 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


Courtesy of Compass Re Texas, Llc

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