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$297,000

NAL Estimated Property Value

515 Olaf DR A & B, Temple, TX, 76504

SoldInfo
7/02/26
Baths0 Bath
Baths2,538 Sq Ft
price_per_sqft$118.2 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bathrooms 0Bathrooms 0
Garage AvailableGarage Available
AppliancesDishwasher, Exhaust Fan, Free Standing Electric Range, Free Standing Refrigerator, Disposal
FlooringCarpet Free, Tile, Vinyl

Exterior

Exterior FeaturesNo Exterior Steps, Private Yard, Rain Gutters
Lot Size8,398 sqft

Building Information

Year Built2004
Stories1
Garage Spaces2

Land Information

APN335918
Lot Number6
SubdivisionLiberty Hill Phase Ii
Land UseResidential
Legal DescriptionLIBERTY HILL PHASE II, BLOCK 002, LOT 0006
Census Tract021201
Assessed Land Value$46,000
Assessed Improvement Value$248,129
Assessment Year2025

About this property

Bring Offers! 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 7/31/2027 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).

Investor Tools

Property Icon
$297,000
Estimated Property Value
$0Estimated Mortgage Balance
$297,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$706/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,992
$294,129
2025
$46,000
$248,129
$294,129
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,992
$294,129

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$297,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Temple

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515 Olaf DR A & B | Property Details | No Agent List