We report the detection of high-frequency variability in the black hole X-ray transient XTE J1650-500. A quasi-periodic oscillation (QPO) was found at 250 Hz during a transition from the hard to the soft state. We also detected less coherent variability around 50 Hz that disappeared when the 250 Hz QPO showed up. There are indications that when the energy spectrum hardened the QPO frequency increased from ~110 to ~270 Hz, although the observed frequencies are also consistent with being 1?:?2?:?3 harmonics of each other. Interpreting the 250 Hz as the orbital frequency at the innermost stable orbit around a Schwarzschild black hole leads to a mass estimate of 8.2 M☉. The spectral results by Miller et al., which suggest considerable black hole spin, would imply a higher mass.
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