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3 Beds
2 Baths
1,909 sqft

$878,000

501 THELMA DR, OLMOSPARK TX, 78212

Price per sqft$459.93
Built in1954
Property size1,909 sqft
Property typeResidential

Overview

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Listed Apr 24, 2026

Updated 2 days ago

Mid-century home set within the quiet, established fabric of Olmos Park and zoned to Alamo Heights ISD - where space, privacy, and flexibility align across an expansive lot. The main residence offers three bedrooms and two bathrooms, arranged with a practical, intuitive flow. Natural light carries through the interiors, with living spaces opening outward to the grounds, allowing the home to extend beyond its walls in a way true to its era. The lot defines the experience. Generous in scale, it allows for expansion, reconfiguration, or preservation as open space. Mature surroundings frame the property, creating a sense of separation that is increasingly difficult to replicate. A 560-sqft detached guest house introduces a second layer of utility - well suited for visitors, or workspace - complete with a full bath, kitchen, and laundry area, and positioned to function without disrupting the privacy of the main residence. Set within one of the area's most consistent and sought-after neighborhoods, 501 Thelma Dr presents a direct proposition: land, location, and optionality.

$5,841/mo

Est. mortgage payment based on a $878,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1948174

Interior Features

Bedrooms
3
Bathrooms
2
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.29 Acres

Other Property Details

Taxes
$16,114
Tax Frequency
Annually
MLS provider logo

Courtesy of , Phyllis Browning Company

Listing Contact: (210) 824-7878

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Data last updated 2:35 AM UTC, 9/14/2026

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