309 Gurley Lane Waco, TX 76706
MULTI_FAMILY - Waco, TX
- Added:
- Jun 3, 2026
- Days on Market:
- 42
- Last Refresh:
- Jul 14 at 6:06 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
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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