309 Gurley Lane # 2 Waco, TX $ 519,000
309 Gurley Lane # 2
$ 519,000
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309 Gurley Lane # 2

Waco, TX, 76706
$ 519,000
Bedrooms6 Baths6.2

Monthly Estimate*

$ 3,196

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Multi-Family Home for sale in Waco, TX

for $519,000 with 6 bedrooms and 6 full baths, 2 half baths. This home was built in 2005 on a lot size of 0.259.

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.

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Multi-Family Active

Price

$ 519,000

Bedrooms

6

Full Bath

6

Half Bath

2

Property Type

Multi-Family

Taxes

$ 8,348

Style

Duplex

Lot Size

0.259

Year Built

2005

Town/City

Waco

County/Region

McLennan

MLS | Web ID

21223021

Features
Interior
Interior Features Open Floorplan
Flooring Carpet Ceramic Tile Combination Laminate
Occupancy Rate 100
Total Units 2
Half Baths 2
Total Bedrooms 6
Total Baths 8
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General
Heating Central Electric
Complex Name University Woods
Cooling Ceiling Fan(s) Central Air Electric
Utilities Cable Available City Sewer City Water
Possession Closing/Funding
Roof Composition
Appliances Electric Cooktop Electric Oven
Assoc Fees 165
Number of Garage Spaces 4
School District Waco ISD
HOA Fee Includes Back Yard Maintenance Front Yard Maintenance Internet Maintenance Grounds
Pool Y/N 0
Year Built 2005
Levels Two
Unit Number 2
Property Subtype Duplex
Subdivision Name University Woods
Occupant Type Tenant
County McLennan
Property Type Residential Income
Construction Materials Brick Siding
Year Built Details Preowned
Accessory Unit Y/N N
HOA Type Mandatory
# of Buildings 1
Full Baths 6
Status Active
Directions Take LaSalle to S 3rd then take Gurley
City Waco
Elementary School Name South Waco
High School University
Elementary School South Waco
Standard Status Active
Listing Terms 1031 Exchange Cash Conventional FHA
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Exterior
Waterfront 0
Fencing Back Yard Wood
Garage Length 0
Garage Width 0
Parking Features Driveway Garage Garage Faces Front Garage Single Door
Lot Size Less Than .5 Acre (not Zero)
Foundation Slab
Building Area Total 2700.00
Garage Y/N 1
Attached Garage Y/N 1
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Internal Only
Street Number 1 309
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* Excluded Features
List By
Amber Sheehan

Listing Agent

Bentwood Realty

Broker

Affordability Calculator

$3,891
Per Month
82%
18%
0%
Monthly Principal & Interest
$3,196
Monthly Property Taxes
$696
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4556709 Elementary School
3682963 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/30/2026$519,000 Listed Price

Map


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309 Gurley Lane # 2, Waco, TX, 76706 is a Multi-Family Home for sale at $519,000 with a lot size of 0.259. 309 Gurley Lane # 2 has 6 bedrooms, 6.2 baths, and was built in 2005. The property's zip code is 76706 which is in Waco, TX