309 Gurley Lane Waco, TX 76706
MULTI_FAMILY - Waco, TX
- Added:
- Jun 3, 2026
- Days on Market:
- 42
- Last Refresh:
- Jul 14 at 8:06 am
Property Features for 309 Gurley Lane
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 8
- Rooms
- Bedroom 1, Bedroom 6, Bedroom 3, Bathroom 1, Bathroom 5, Bedroom 2, Bathroom 3, Bathroom 6, Bathroom 4, Bathroom 8, Bathroom 2, Bedroom 5, Bedroom 4, Bathroom 7
- Parking
- 8
- Parking features
- Garage, Driveway
- 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
- Central, Electric (Heating)
- Cooling system
- Electric, Ceiling Fan(s), Central Air
- Water source
- Public
Building Details
- Year built
- 2005
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Laminate, Carpet, Tile, Combination
- Building materials
- Brick
- Roof type
- Composition
Listing agent Amber Sheehan License #623463 (254) 300-4800
Listing office Bentwood Realty Waco, TX (254) 300-4800
Listing date Jun 3, 2026
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
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 3 bedrooms and 3.5 bathrooms in each unit (Unit A and Unit B)
- Unit A updates include laminate wood flooring, granite countertops, and all appliances conveying
- Both units feature open kitchen layouts and upstairs bedrooms for added privacy
