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$374,900 Sale Pending
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Property Description
Take advantage of this rare opportunity to own a brand-new duplex just minutes from Downtown Waco, The Magnolia Silos, Baylor Stadium, and the Brazos River! Each side of this modern duplex offers 3 bedrooms, 2 bathrooms, and 1,201 sqft of thoughtfully designed living space. Featuring foam insulation, stained concrete floors throughout, and an open-concept floor plan, this property combines energy efficiency, durability, and modern style. Enjoy a custom kitchen with granite countertops and beautiful cabinetry, while the bathrooms feature elegant tile bathtubs for a clean, modern touch. Outside, each unit includes a small covered patio and ample parking for up to 4 cars in the back. Whether you're looking to house hack by living in one side and renting the other, or simply add a turnkey cash-flowing property to your portfolio, this duplex checks all the boxes. Prime location, solid construction, and strong rental potential - don't miss this investment opportunity in the heart of Waco!
Full Property Details
Full Property Details for 306 Lorraine Dr
General
- Price: $374,900
- Taxes: $523
- Status: Pending
- Type: Duplex
- Source: NTREIS
- MLS ID: 21092737
- Updated: 12/29/2025
- Added to Site: 87 day(s) ago
Interior
- Interior Features: Granite Counters, Open Floorplan
- Appliances: Microwave
- Flooring: Concrete, Painted/Stained
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 6
Additional Information
- Security/Safety: Smoke Detector(s)
Parking
- Total Spaces: 4
- Parking Features: Concrete
Location
- County: McLennan
- Subdivision: Davelorr
- Driving Directions: Use GPS
School Information
- Elem School District: Waco ISD
- Midd School District: Waco ISD
- High School District: Waco ISD
- Elementary School: JH Hines
- Middle School: GW Carver
- High School: Brazos
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Sewer Available, Separate Meters, Water Available
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Construction: Brick
- Roof: Composition, Shingle
- Stories/Levels: 1
- Square Feet: 2,402
- Sq. Ft. Source: Plans
- Living Area: 2,402 Sq. Ft.
- Year Built: 2025
Lot Features
- Lot Size (Acres): 0.193
- Lot Size (Sq. Ft.): 8,407.08
- Lot Size Source: Public Records
- Lot Dimensions: 71 x 119
- Sidewalks: Yes
Financial Considerations
- Tax Amount: $523
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: DAVELORR LOT 6 BLOCK 2 ACRES .193
- Property ID: 169903
- Block: 2
- Lot Number: 6
Listed by EG Realty, Anel Perales
Get Pre-Approved Today
Schools
Schools serving 306 Lorraine Dr
School District:Waco Independent School District
| Name | Grades | Distance |
|---|---|---|
J High Hines Elementary School 301 Garrison Street, Waco, TX 76704 | PK-5 | 1.2 mi |
Waco High School 2020 North 42nd Street, Waco, TX 76710 | 9-12 | 3.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 306 Lorraine Dr
Date
Details
Price
Change
Source
11/18/2025
Price Reduced
$374,900
-6.25%
MLS
10/22/2025
Listed
$399,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 306 Lorraine Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$525
1%
$23,290
—
2023
$522
—
$23,290
—
2022
$522
2%
$23,290
15%
2022
$510
202%
$20,260
209%
2021
$169
2%
$6,550
5%
2020
$165
2%
$6,220
9%
2018
$161
-1%
$5,710
-4%
2019
$162
57%
$5,960
65%
2017
$103
2%
$3,610
2%
2016
$101
—
$3,530
—
2015
$101
-49%
$3,530
-50%
2014
$197
—
$7,000
—
2013
$197
—
$7,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 306 Lorraine Dr
306 Lorraine Drive, Waco, TX 76707 (MLS# 21092737) is a Duplex property with 6 bedrooms and 4 full bathrooms. 306 Lorraine Drive is currently listed for $374,900 and was received on October 22, 2025. Want to learn more about 306 Lorraine Drive? Do you have questions about finding other Duplex real estate for sale in Waco? You can browse all Waco real estate or contact a Coldwell Banker agent to request more information.
