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309 Gurley Lane #2

Waco, Texas 76706
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$465,000 $1,960/Mo
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Bed 6

Bed

Bath 8

Bath

Acres0.26

Acre(Lot)

Excellent investment opportunity just minutes from Baylor University. This well-maintained duplex offers two spacious units, each featuring 3 bedrooms and 3.5 bathrooms with functional layouts ideal for tenants or owner-occupants. Unit A has been updated with laminate wood flooring throughout, granite countertops, and all appliances conveying, making it completely move-in ready. Unit B also features laminate wood flooring with carpet in select bedrooms, Granite counters, providing a comfortable and versatile living space. Both units offer generous living areas, open kitchen layouts, and upstairs bedrooms for privacy. Property is currently at 100 percent occupancy, making this a true turnkey income-producing asset. Community pool included in HOA. HOA covers cable internet, lawn care. Maj or update includes a new roof installed in 2025, adding long-term value and peace of mind for the next owner. Located in a highly desirable area near Baylor, shopping, and dining, this duplex is a rare find with strong rental potential and consistent demand.

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Detail Ic Property Details

Property Type : Residential Income

Price : $465,000

AD Id : 76632230

MLS Id : 555607531

Beds : 6

Lot Size : 0.26 Acre

Year Built : 2005

Garage : 4

County : McLennan

Subdivision: Meadows North Estates

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 6

    Bathroom Information

    Total Baths: 6.5 Full Baths: 6 Half Baths: 2

  • Interior Features

    Open Floorplan

    Appliances

    Electric Cooktop,Electric Oven

    Utilities

    Cable Available,City Sewer,City Water

  • Cooling Features

    Ceiling Fan(s),Central Air,Electric

    Heating Source

    Central,Electric

    Fireplace

    Number of Fireplaces: 0

  • Building Information

    Built Year: 2005 Building Area Total: 2,700 Construction: Brick,Siding Roof Type: Composition

  • Foundation

    Slab

    Security Features

    Fire Alarm

  • Patio And Porch

    Rear Porch

    Fencing

    Back Yard,Wood

    Construction Materials

    Brick,Siding

  • Lot Information

    Lot Size (Acr): 0.2590 Lot Size Units: Acres Lot Size Square Feet: 11,282

  • Property Information

    Property Type: Residential Income Property Sub Type: Duplex Subdivision: University Woods City: Waco State: Texas Directions: Take LaSalle to S 3rd then take Gurley Property Status: Active Levels: Two Property Age: 21 Year Built Details: Preowned

  • Listing Price Information

    Original List Price: $465,000

  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: 480423230001100 Tax Block: 1 Tax Legal Description: UNIVERSITY WOODS LOT 10 BLOCK 1 ACRES .2586 Tax Lot: 10 Unexempt Taxes: $8,348

  • Parking Information

    Has Garage Garage Space: 4 Carport Spaces: 0 Parking: 8 Parking Features: Driveway,Garage,Garage Faces Front,Garage Single Door

  • Homeowners Association Information

    Included Fees: Back Yard Maintenance,Front Yard Maintenance,Internet,Maintenance Grounds HOA Type: Mandatory HOA: $165.00 HOA Frequency: Monthly

  • School Information

    Elementary School: South Waco Middle School: Cesar Chavez High School: University School District: Waco ISD

  • Utility Information

    Utilities: Cable Available,City Sewer,City Water
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
700 Hines Avenue, Waco, TX, 76706 $525,000 3 4 --
1903 S 11th Street, Waco, TX, 76706 $1,250,000 -- -- 3,518 3,518 SqFt
1907 S 17th Street, Waco, TX, 76706 $550,000 8 8 --
3305 Alta Vista Drive, Waco, TX, 76706 $190,000 4 2 --
3309 Alta Vista Drive, Waco, TX, 76706 $205,000 4 2 --
3441 Pewitt Drive #43, Waco, TX, 76706 $250,000 4 2 --
2524 Flint Avenue, Waco, TX, 76706 $327,000 -- -- --

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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 07/18/2026 @ 11:25

MLS: 555607531 LISTED BY: Amber Sheehan, Bentwood Realty 800-257-1242 SOURCE: NTREIS - North Texas Real Estate Information

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