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About This Home
This 6-bedroom, 8-bathroom multi-family at 309 Gurley Lane in Waco, TX is listed for $465,000. Built in 2005, on a 0.26 acres 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.
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.
Key Features
- Built in 2005
- 0.26 acre lot
- 2 stories
- 8 parking spaces
Property Details
Monthly Cost Estimate
$2,487/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
309 Gurley Lane
Waco, TX 76706
University Woods
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 6-bedroom, 8-bathroom multi-family at 309 Gurley Lane is listed at $465,000. The estimated monthly payment is $2,015 based on 20% down at 6.5% interest.
Key features include: Built in 2005, 0.26 acre lot, 2 stories, 8 parking spaces. Interior Features: Open Floorplan. Exterior Features: Fence.
This property is listed by Amber Sheehan and can be reached at 2543004800 or ambersheehan@gmail.com.








