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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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309 Gurley Ln Unit 2 , Waco, TX 76706
$465,000
Est. Payment: $2,394.02/mo
6 Bed
7 Bath
2700 Sqft
Status: active | Days on site: 147
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House Description

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.

Highlights

Listed by Amber Sheehan , Bentwood Realty , North Texas Real Estate Information Systems

Property Type

Multi-Family

Lot/Acreage
0.26

HOA Fee

165 Monthly

Year Built

2005

County

McLennan

Neighborhood

University Woods

School District

Waco ISD

Listing ID

21223021

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:6
  • Bathrooms:7
  • Full Bathrooms:6
  • 1/2 Bathrooms:2
Appliances:Electric Cooktop, Electric Oven
Air Cond:Ceiling Fan(s),Central Air,Electric
Fireplaces:
Floor:Carpet,Ceramic Tile,Combination,Laminate
Other:
  • Additional:Open Floorplan

Exterior Features

Lot:Less Than .5 Acre (not Zero)
Garage Capacity:8
Roof:Composition
Others:
  • Additional:Preowned
Parking Features:Driveway,Garage,Garage Faces Front,Garage Single Door
Principal Interest
$2,394
Taxes
$696
HOA
$165

Home Price

$465,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$93,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,394.02

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $2,394.02 $695.67 $165.00 $3,254.69
Yearly $28,728.26 $8,348.00 $1,980.00 $39,056.26
Total $861,847.90 $250,440.00 $59,400.00 $1,171,687.90

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Waco, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T19:21:47.893Z

© 2026 North Texas Real Estate Information Systems