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 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.