Waco, TX 76706,110 Gurley Lane

$549,900

Est.Price: ?

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Est. payment /mo

5 Beds

6 Baths

2,880 SqFt


SOLD DATE : 11/03/2023

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 2,880 sqft

Price per Sqft $190

Subdivision Dunwody L R

MLS Listing ID 218207

Sold Date 11/03/23

Bedrooms 5

Full Baths 6

Year Built 1964

Annual Tax Amount $10,947

Lot Size 1.643 Acres

Acres 1.6427

Property Sub-Type Single Family Residence

Property Description

Welcome to this exceptional 5 bedroom, 6 bathroom property nestled on over 1.6 acres of prime real estate, just minutes away from Baylor University. Zoned as R-3b, this versatile property offers an array of possibilities for savvy investors and homeowners alike.

This spacious residence boasts five generously sized bedrooms, each featuring its own master en-suite bathroom. The property has a proven track record of rental success, accommodating Baylor students, athletes, and even serving as a long-term housing solution for an out-of-town construction company. The potential for rental income or multifamily living is undeniable.

Beyond its immediate use as a comfortable and convenient living space, the zoning allows for the development of various housing options, including townhouses, multiple-family dwellings, single-family attached (zero lot line) dwellings, two-family duplexes, and more. This flexibility opens the door to countless investment possibilities.

Situated on over 1.6 acres of land, this property offers ample space for expansion, landscaping, or other creative ventures. The proximity to Baylor University ensures a steady demand for housing, making it an ideal location for investors seeking long-term returns.

With the right vision and execution, this property presents an incredible opportunity for the next owner. Whether you're looking to capitalize on the rental market, explore multifamily development, or create a unique residential oasis, this property has the potential to become a lucrative and remarkable investment. Don't miss your chance to own a piece of prime real estate in this thriving community!

Location

State TX

County Mclennan

Direction I-35 North and exit University Parks drive and head east. Make a right on Gurley Lane and the property will be on your left-hand side.

Interior

Interior Features Cable TV Available, Wired for Data

Heating Natural Gas

Cooling Central Air, Gas

Flooring Tile

Fireplaces Number 1

Fireplaces Type Wood Burning

Appliance Gas Water Heater, Disposal, Microwave, Refrigerator, Trash Compactor

Heat Source Natural Gas

Exterior

Exterior Feature Dog Run

Fence None

Pool Pool/Spa Combo, Separate Spa/Hot Tub

Utilities Available Sewer Available

Roof Type Composition

Garage No

Building

Foundation Slab

Structure Type Brick,Frame

Schools

Elementary Schools South Waco

School District Waco Isd

Others

Ownership Steve Oats and Christy Oates

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Conventional

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Andrew Fraijo • eXp Realty, LLC Waco
Bought with Shane Trevino • NextHome Our Town
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2626 Cole Ave, Dallas, TX, 75204, USA

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