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.
For sale
$465,000
309 Gurley Ln #2, Waco, TX 76706
6beds
2,700sqft
Duplex, Multi Family
Built in 2005
-- sqft lot
$450,600 Zestimate®
$172/sqft
$165/mo HOA
What's special
Laminate wood flooring throughoutGranite countertopsAll appliances conveyingSpacious unitsOpen kitchen layoutsUpstairs bedrooms for privacy
- 158 days
- 215
- 13
Zillow last checked:
Listing updated:
Listed by:
Amber Sheehan 623463,
Bentwood Realty 254-300-4800
Source: NTREIS,MLS#: 21223021
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 8
- Full bathrooms: 6
- 1/2 bathrooms: 2
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Electric Cooktop, Electric Oven
Features
- Open Floorplan
- Flooring: Carpet, Combination, Ceramic Tile, Laminate
- Has fireplace: No
Interior area
- Total structure area: 2,700
- Total interior livable area: 2,700 sqft
Video & virtual tour
Property
Parking
- Total spaces: 8
- Parking features: Door-Single, Driveway, Garage Faces Front, Garage
- Attached garage spaces: 4
Features
- Levels: Two
- Stories: 2
- Patio & porch: Rear Porch
- Pool features: None
- Fencing: Back Yard,Wood
Lot
- Size: 0.26 Acres
Details
- Parcel number: 480423230001100
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Brick
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 2005
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Sewer Available, Water Available
Community & HOA
Community
- Security: Fire Alarm
- Subdivision: University Woods
HOA
- Has HOA: Yes
- Amenities included: Maintenance Front Yard
- Services included: Internet, Maintenance Grounds
- HOA fee: $165 monthly
- HOA name: University Woods
- HOA phone: 254-235-8343
Location
- Region: Waco
Financial & listing details
- Price per square foot: $172/sqft
- Annual tax amount: $8,348
- Date on market: 3/30/2026
- Cumulative days on market: 158 days
- Listing terms: Cash,Conventional,1031 Exchange,FHA
Estimated market value
$450,600
$428,000 - $473,000
$1,876/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/26/2026 | Price change | $465,000-10.4%$172/sqft |
Source: NTREIS #21223021 Report a problem | ||
| 3/30/2026 | Listed for sale | $519,000$192/sqft |
Source: NTREIS #21223021 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Oakwood
Nearby schools
Schools provided by the listing agent
- Elementary: South Waco
- Middle: Cesar Chavez
- High: University
- District: Waco ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







