309 GURLEY LANE #2, WACO, TX 76706
Homes for sale in Waco.
Homes for sale in 76706.
309 Gurley Lane #2
Waco, TX 76706
List Price$519,000
Listing #21223021
About This Property
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. Major 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.
Property Features
Location Information
County
McLennan
Subdivision
University Woods
Interior Features
Interior
Open Floorplan
Heating
Central, Electric
Full Baths
6
Cooling
Central Air, Ceiling Fan(s), Electric
1/2 Baths
2
Floors
Carpet, Combination, Ceramic Tile, Laminate
Has Fireplace
No
Appliances
Electric Cooktop, Electric Oven
Number of Fireplaces
0
Total Number of Units
2
Exterior Features
Stories
2
Fencing
Back Yard, Wood
Construction
Brick
Patio / Deck Description
Rear Porch
Foundation
Slab
Pool Description
None
Roof
Composition
Lot Size in Acres
0.259
Utilities
Cable Available, Sewer Available, Water Available
Lot Size in Sq. Ft.
11,282
Security System
Fire Alarm
Buildings
1
Parking Description
Door-Single, Driveway, Garage Faces Front, Garage
Building Total Area (Sq. Ft.)
2,700
Has Garage
Yes
Is One Story
No
Garage Spaces
4
School
Elementary School District
Waco ISD
Jr. High School
Cesar Chavez
Elementary School
South Waco
High School
University
Additional Information
Year Built Details
Preowned
Has a Home Owners Association
Yes
Property Type
RI
HOA Fee
$165
Property SubType
Duplex
HOA Frequency
Monthly
Year Built
2005
HOA Includes
Internet, Maintenance Grounds
Status
Active
Tax Annual Amount
8348.0
Similar Listings
Mortgage Calculator
$2,423
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,870
Monthly Tax
$432
Monthly Insurance
$121
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Listing courtesy of
Amber Sheehan, Bentwood Realty
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NTREIS - North Texas data last updated at April 30, 2026, 4:02 AM CT
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