




$160,000
924 Gurley Ln, Waco, TX, 76706
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About this property
Fully Furnished & Income-Producing Near Baylor & Downtown Waco! Whether you're a first-time homebuyer looking for a move-in-ready home or an investor seeking immediate cash flow, this property checks every box. This beautifully reimagined 2-bedroom, 1-bath home has been completely renovated from the framing and windows to the flooring, fixtures, and finishes, offering modern style, quality craftsmanship, and peace of mind. Currently operating as a successful, fully furnished mid-term rental, this property is being sold with all furnishings, décor, housewares, and everything inside the home included, making it a true turnkey opportunity. Simply close and continue operating it as an income-producing rental, or move right in and enjoy a fully furnished home. The oversized lot offers additional value with room to build an ADU, garage apartment, or guest house (subject to local regulations), creating even more income potential or space for multigenerational living. Conveniently located just minutes from Baylor University, downtown Waco, I-35, Magnolia Market, hospitals, shopping, and dining, this home is ideally positioned for traveling professionals, Baylor affiliates, homeowners, or investors alike. With a complete renovation, furnishings included, proven rental income, and endless possibilities for future expansion, this is a rare opportunity to own a truly turnkey property.
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Waco
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