306 Lorraine Drive Waco, TX $ 374,900
306 Lorraine Drive
$ 374,900
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306 Lorraine Drive

Waco, TX, 76707
$ 374,900
Bedrooms6 Baths4.0 Sq 2,402

Monthly Estimate*

$ 2,339

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Multi-Family Home for sale in Waco, TX

for $374,900 with 6 bedrooms and 4 full baths. This 2,402 square foot home was built in 2025 on a lot size of 0.193.

Take advantage of this rare opportunity to own a brand-new duplex just minutes from Downtown Waco, The Magnolia Silos, Baylor Stadium, and the Brazos River! Each side of this modern duplex offers 3 bedrooms, 2 bathrooms, and 1,201 sqft of thoughtfully designed living space. Featuring foam insulation, stained concrete floors throughout, and an open-concept floor plan, this property combines energy efficiency, durability, and modern style. Enjoy a custom kitchen with granite countertops and beautiful cabinetry, while the bathrooms feature elegant tile bathtubs for a clean, modern touch. Outside, each unit includes a small covered patio and ample parking for up to 4 cars in the back. Whether you’re looking to house hack by living in one side and renting the other, or simply add a turnkey cash-flowing property to your portfolio, this duplex checks all the boxes. Prime location, solid construction, and strong rental potential — don’t miss this investment opportunity in the heart of Waco!

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Multi-Family Active

Price

$ 374,900

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 523

Style

Duplex

Lot Size

0.193

Year Built

2025

Town/City

Waco

County/Region

McLennan

MLS | Web ID

21092737

Features
Interior
Interior Features Granite Counters Open Floorplan
Flooring Concrete Painted/Stained
Occupancy Rate 0
Total Units 2
Half Baths 0
Total Bedrooms 6
Total Baths 4
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General
Heating Central Electric
Complex Name NA
Cooling Ceiling Fan(s) Central Air Electric
Utilities City Sewer City Water Curbs Electricity Available Individual Water Meter Sidewalk
Possession Closing/Funding
Roof Composition Shingle
Appliances Microwave
School District Waco ISD
Pool Y/N 0
Year Built 2025
Community Features Curbs Sidewalks
Levels One
Property Subtype Duplex
Subdivision Name Davelorr
Occupant Type Vacant
County McLennan
Property Type Residential Income
Construction Materials Brick
Year Built Details New Construction - Complete
Accessory Unit Y/N N
HOA Type None
# of Buildings 1
Full Baths 4
Status Active
Directions Use GPS
City Waco
Elementary School Name JH Hines
High School Brazos
Elementary School JH Hines
Standard Status Active
Listing Terms Cash Conventional FHA VA Loan
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Exterior
Waterfront 0
Lot Size Source Public Records
Parking Features Concrete
Lot Size Less Than .5 Acre (not Zero)
Foundation Slab
Lot Size Dimensions 71 X 119
Building Area Total 2402.00
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Internal Only
Street Number 1 306
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* Excluded Features
List By
Anel Perales

Listing Agent

Eg Realty

Broker

Affordability Calculator

$2,382
Per Month
98%
2%
0%
Monthly Principal & Interest
$2,339
Monthly Property Taxes
$44
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4960664 Elementary School
3682963 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/18/2025$374,900 -6.25% Price Down
10/22/2025$399,900 Listed Price

Map


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306 Lorraine Drive, Waco, TX, 76707 is a Multi-Family Home for sale at $374,900 with 2,402 sqft and a lot size of 0.193. 306 Lorraine Drive has 6 bedrooms, 4.0 baths, and was built in 2025. The property's zip code is 76707 which is in Waco, TX