Two-Unit Residential
For Sale
$465,000
309 Gurley Lane, Waco, TX 76706
ResidentialIncome, Waco, TX
Property SizeContact for details
Lot Size0.26 Acres
Days on Market98
Property Features for 309 Gurley Lane
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
8
Full bathrooms
6
Half bathrooms
2
Rooms
Bathroom 8, Bathroom 5, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 6, Bedroom 3, Bedroom 4, Bathroom 4, Bathroom 7, Bedroom 5, Bedroom 6, Bedroom 1, Bedroom 2
Parking
8
Parking features
Garage, Driveway
Patio and Porch features
Porch
Interior features
OpenFloorplan
Appliances
ElectricCooktop, ElectricOven
Subdivision
University Woods
Elementary school
South Waco
Middle school
Cesar Chavez
High school
University
Elementary school district
Waco ISD
Middle school district
Waco ISD
High school district
Waco ISD
Directions
Take LaSalle to S 3rd then take Gurley
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
HOA Fee
$165 Monthly
Legal Description
UNIVERSITY WOODS LOT 10 BLOCK 1 ACRES .2586
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric, Ceiling Fan(s)
Water source
Public
Amenities
pool
Building Details
Year built
2005
Floors in Building
2
Number of units
2
Flooring type
Tile, Laminate, Combination, Carpet
Building materials
Brick
Roof type
Composition
Listing Agency:
Bentwood Realty
(254) 300-4800
Listed By:
Amber Sheehan · License #0623463
(254) 855-3008
Added: Jun 3
Changed: Sep 7
Last Checked: Sep 8 at 1:06AM
MLS# 21223021
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.
Built in 2005, this brick duplex contains two residential units, each with three bedrooms and 3.5 bathrooms. Both homes feature open kitchen and living areas, upstairs bedrooms, laminate flooring, and a mix of tile and carpet. Unit A adds granite countertops, laminate flooring throughout, and conveying appliances, while Unit B also includes granite countertops and laminate flooring with carpet in select bedrooms. Electric cooking equipment, central HVAC, garage and driveway parking, and a porch serve the property.
The duplex is currently 100 percent occupied and sits on a 0.259-acre lot near Baylor University, shopping, and dining in Waco. A new composition roof was installed in 2025. HOA services include cable internet and lawn care, with community pool access included. Public water and sewer serve the property.
The duplex is currently 100 percent occupied and sits on a 0.259-acre lot near Baylor University, shopping, and dining in Waco. A new composition roof was installed in 2025. HOA services include cable internet and lawn care, with community pool access included. Public water and sewer serve the property.
Key Highlights
- Two‑unit duplex with 3 bedrooms and 3.5 bathrooms per unit
- 100 percent occupied income‑producing property
- New composition roof installed in 2025
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
195
Businesses Nearby
Explore this area
Business Placement
Demographics for 76706, TX
39,303
Population
16,600
Households
2.4
Avg Household Size
27
Median Age
23%
College-Educated
85%
High-School Grad
72.3 sq mi
ZIP Area
544
Density / Sq Mi
$42,277
Median Household Income
$23,954
Median Earnings
$1,063
Median Rent
$180,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Fully occupied income property with community pool access and HOA-provided lawn care.
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: Two‑unit duplex with 3 bedrooms and 3.5 bathrooms per unit; 100 percent occupied income‑producing property; New composition roof installed in 2025
