1721 Gurley Lane
About This Property
Step inside to find a beautifully designed layout featuring waterproof vinyl plank flooring, quartz countertops, double-pane windows, sprinkler system, and foam insulation throughout for energy efficiency. Cozy up in the living room with a sleek electric fireplace, perfect for relaxing evenings.
Each spacious bedroom includes its own private bathroom and walk-in closet, offering both privacy and luxury. The large laundry room adds convenience, while the guest half-bath downstairs is ideal for visitors.
Outside, the extended concrete driveway runs from the front of the property all the way to the back, providing plenty of parking space.
Don't miss out on this incredible opportunity to own a brand-new home in one of Waco's most sought-after areas!
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 29, 2025 | Sold | ||
| Sold | |||
| Sep 13, 2025 | In contract | - | |
| In contract | |||
| Aug 22, 2025 | Price Decreased |
$425,000
↓ $25K
(5.5%) | |
| Price Decreased | |||
| Jul 29, 2025 | Price Decreased |
$449,900
↓ $25K
(5.3%) | |
| Price Decreased | |||
| Jul 11, 2025 | Price Decreased |
$475,000
↓ $20K
(4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017