Updated Duplex Investment
309 Gurley Lane Waco, TX 76706
309 Gurley Lane, Waco, TX, 76706
$465,000
For Sale
$465,000
MULTI_FAMILY - Waco, TX
Lot Size0.26 Acres
Days on Market45
Property Features for 309 Gurley Lane
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 6
- Bathrooms
- 8
- Rooms
- Bedroom 4, Bathroom 6, Bedroom 5, Bathroom 8, Bathroom 1, Bedroom 6, Bathroom 2, Bedroom 3, Bathroom 5, Bedroom 1, Bedroom 2, Bathroom 3, Bathroom 4, Bathroom 7
- Parking
- 8
- Parking features
- Driveway, Garage
- Patio and Porch features
- Porch
- Interior features
- OpenFloorplan
- Appliances
- ElectricCooktop, ElectricOven
- Standard status
- Active
- APN
- 480423230001100
- Lot size
- 0.26 Acres
Taxes and HOA fees
- Tax Description
- UNIVERSITY WOODS LOT 10 BLOCK 1 ACRES .2586
- Tax Annual Amount
- 8348
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Ceiling Fan(s), Electric
- Water source
- Public
Building Details
- Year built
- 2005
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Combination, Carpet, Laminate, Tile
- Building materials
- Brick
- Roof type
- Composition
Listing Agency
Bentwood Realty
(254) 300-4800
Waco, TX
Listed by
Amber Sheehan · License #623463
(254) 300-4800
Added: Jun 3 Checked: Jul 17 at 8:06 pm
MLS# 21223021
Listing URL
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Investment Insights
Based on property information with market context.
This well-maintained duplex offers two spacious residential units with functional layouts, each featuring 3 bedrooms and 3.5 bathrooms. Unit A has been updated with laminate wood flooring throughout, granite countertops, and all appliances conveying, making it fully move-in ready. Unit B also features laminate wood flooring with carpet in select bedrooms and granite counters, providing a comfortable, versatile setup. Both units include generous living areas, open kitchen layouts, and upstairs bedrooms for added privacy.
The property is located just minutes from Baylor University and is positioned near shopping and dining in a highly desirable area. The duplex is currently at 100 percent occupancy, supporting its turnkey income-producing profile. A community pool is included in the HOA, and the HOA covers cable internet and lawn care. A major update includes a new roof installed in 2025.
This configuration is well-suited for tenants seeking space and privacy, while also appealing to owner-occupants who want an additional income unit. With an in-place occupancy record, move-in-ready finishes in Unit A, and recent roofing improvements, the duplex offers buyers a practical path to stable rental income and reduced near-term capital concerns.
The property is located just minutes from Baylor University and is positioned near shopping and dining in a highly desirable area. The duplex is currently at 100 percent occupancy, supporting its turnkey income-producing profile. A community pool is included in the HOA, and the HOA covers cable internet and lawn care. A major update includes a new roof installed in 2025.
This configuration is well-suited for tenants seeking space and privacy, while also appealing to owner-occupants who want an additional income unit. With an in-place occupancy record, move-in-ready finishes in Unit A, and recent roofing improvements, the duplex offers buyers a practical path to stable rental income and reduced near-term capital concerns.
Key Highlights
- Duplex built in 2005 with two spacious units, each with 3 bedrooms and 3.5 bathrooms
- Open floorplan with electric cooktop and electric oven in the kitchen; appliances included
- Unit A updated with laminate wood flooring throughout and granite countertops
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two spacious, move-in ready units with strong occupancy and a 2025 roof for long-term income potential.
Where is this duplex located?
The property is located at 309 Gurley Lane Waco, TX.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: Duplex built in 2005 with two spacious units, each with 3 bedrooms and 3.5 bathrooms; Open floorplan with electric cooktop and electric oven in the kitchen; appliances included; Unit A updated with laminate wood flooring throughout and granite countertops
