501 THELMA DR
Olmos Park, TX 78212
$878,000
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.
| Listing Id: | 1948174 |
|---|---|
| List Price: | $878,000 |
| Property Type: | Residential |
| Status: | Active |
| Bedrooms Total: | 3 |
| Bathrooms Full: | 2 |
| Living Area: | 1,909 |
| Tax Annual Amount: | $16,114 |
| Lot Size Acres: | 0.29 |
| Architectural Style: | _1STRY |
| City: | Olmos Park |
| County Or Parish: | Bexar |
| Subdivision Name: | Olmos Park |
| ZIP: | 78212 |
| Year Built: | 1954 |
| Accessible Adaptive Home: | YES |
| Additional Other Parking: | OPEN |
| Bedroom 2 Level: | _1 |
| Bedroom 3 Level: | _1 |
| Currently Being Leased: | NO |
| Dining Room Level: | _1 |
| Entry Room Level: | _1 |
| Elementary School: | CAMBRIDGE |
| Total Baths Composite Full_Half: | 2.0 |
| High School: | ALAMO_HGT |
| Kitchen Level: | _1 |
| Accessibility Features: | NOSTP, NOSTR, _1STBA, _1STBD |
| Cooling: | _1CNTR, HTPMP, ZONED |
| Exterior: | BRICK, SDING |
| Fireplace: | NA |
| Flooring: | STDCT |
| Foundation Details: | SLAB |
| Heating Fuel: | ELEC |
| Heating: | CNTRL |
| Inclusions: | CLFNS, WSHCN, DRYCN, CKTOP, BIOVN, GSCK, DISPL, ELWTR, SLCNT, CUSTOMCABINETS, CODETECTOR, CITYGARBAGE |
| Occupant Type: | OWNER |
| Pool Features: | NONE |
| Roof: | FLAT |
| Window Coverings: | SOME |
| Construction: | PRE_OWNED |
| Owner Lrea_lreb: | NO |
| School District: | ALAMO |
| Parcel Number: | 040380020230 |
| Builder Name: | Unknown |
| Living Length: | 24.0 |
| Bedroom 2 Length: | 18 |
| Bedroom 2 Width: | 15 |
| Kitchen Length: | 18 |
| Kitchen Width: | 13 |
| Bedroom 3 Length: | 15 |
| Bedroom 3 Width: | 14 |
| Living Width: | 15 |
| Dining Length: | 15 |
| Dining Width: | 10 |
| Entry Width: | 6 |
| Entry Length: | 5 |
| Directions: | Shook Ave, turn on Thelma |
| Living Room Level: | _1 |
| MLS Area Major: | _0900 |
| Original List Price: | $878,000 |
| Sale_rent: | SALE |
| State Or Province: | TX |
| Postal Code: | 78212 |
| Middle Or Junior School: | ALAMO_HGT |
| Potential Short Sale: | NO |
| Price_SQFT: | $459.92 |
| Recent Rehab: | YES |
| Source Sqft: | D |
| Subdivision Legal Name: | OLMOS PARK AREA 1AH/SA |
| Tax Property Id: | 040380020230 |
| Bathrooms Total Integer: | 2 |
| Taxed By Mltpl Counties: | NO |
| Hoa Mandatory: | NONE |
| Proposed Terms: | CONV, CASH |
| Listing Terms: | CONV, VA, CASH |
| Fireplace Features: | NA |
| Floor: | STDCT |
| Foundation: | SLAB |
| Garage Parking: | _1GAR |
| Possession: | CLSFD |
| Tax Year: | 2026 |
| Lot Improvements: | PAVED, CITYST |
| Architectural Style: | _1STRY |
| Direction Faces: | S |
| Association Amenities: | NONE |
| Window Features: | SOME |
| Levels: | _1 |
| Accessibility: | NOSTP, NOSTR, _1STBA, _1STFB, _1STBD |
| Air Conditioning: | _1CNTR, HTPMP, ZONED |
| Occupancy: | OWNER |
| Number Of Fireplaces: | _0 |
| Sab Primary Bath Rr: | SONLY, DBLVN |
| Sab Primary Bedroom Rr: | DWNST, OUTAC, WLKIN, FLBT |
| Room Primary Bedroom Length: | 17 |
| Room Primary Bedroom Width: | 12 |
| Room Primary Bath Length: | 15 |
| Room Primary Bath Width: | 8 |
| Sab Primary Bedroom Closet Length: | $8.00 |
| Sab Primary Bedroom Closet Level: | _1 |
| Sab Primary Bedroom Closet Width: | $8.00 |
| Sab Primary Bedroom Level: | _1 |
| Sab Primary Bath Level: | _1 |
| Sab Primary Bath Co: | SONLY, DBLVN |
| Sab Primary Bedroom Co: | DWNST, OUTAC, WLKIN, FLBT |
| Sab Primary Bath Re: | SONLY, DBLVN |
| Sab Primary Bedroom Re: | DWNST, OUTAC, WLKIN, FLBT |
Listing Courtesy of: Phyllis Browning Company
Listing Agent: Ignacio Garcia
(210) 612-4226
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LERA MLS data last updated on October 08, 2026 05:02 PM - ET.
Property Last Updated: October 08, 2026 05:02 PM - ET
