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Duplex with Open Floorplan
For Sale
$465,000

309 Gurley Lane, Waco, TX 76706

MULTI_FAMILY - Waco, TX

Property SizeContact for details
Lot Size0.26 Acres
Days on Market88

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 4, Bedroom 6, Bedroom 2, Bathroom 1, Bathroom 2, Bathroom 7, Bedroom 1, Bathroom 5, Bedroom 4, Bathroom 6, Bathroom 8, Bedroom 5, Bathroom 3, Bedroom 3
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

community pool
cable internet
lawn care

Building Details

Year built 2005
Floors in Building 2
Number of units 2
Flooring type Tile, Laminate, Carpet, Combination
Building materials Brick
Roof type Composition
Listing Agency: Bentwood Realty
Listed By: Amber Sheehan · License #0623463
Added: Jun 3 Changed: Aug 5 Last Checked: Aug 29 at 5:06PM
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.

This duplex includes two spacious units with open kitchen layouts and upstairs bedrooms for added privacy. Each unit offers three bedrooms and three and a half bathrooms, with interior features including an open floorplan. Unit A has laminate wood flooring throughout, granite countertops, and all appliances conveying for a move-in-ready setup. Unit B features laminate wood flooring with carpet in select bedrooms and granite counters.

The property is served by public water and public sewer and features brick construction with a composition roof. Heating is electric with central heating, and cooling includes central air and ceiling fans. Parking includes a driveway and a garage, along with a porch. Built in 2005, the duplex is currently at 100% occupancy.

Homeowners association amenities include a community pool, with HOA covering cable internet and lawn care. A major update includes a new roof installed in 2025.

Key Highlights

  • Two units, each with three bedrooms and three and a half bathrooms
  • Currently 100% occupancy
  • New roof installed in 2025

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Building Supply Law Firm Hair Salon Spa & Massage Center Auto Parts Store Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

195
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Well-maintained duplex with two 3-bedroom, 3.5-bath units, open floorplans, and current 100% occupancy.
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 units, each with three bedrooms and three and a half bathrooms; Currently 100% occupancy; New roof installed in 2025
More about this property
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