Welcome to 2309 Proctor Ave – A Rare Investment Opportunity with Dual Income Potential! This charming property offers not one but two income-producing residences, making it a savvy investment or perfect for multi-generational living. Located in a desirable area, this active Airbnb property is already a proven earner with exceptional reviews and high occupancy rates. Main House: • 3 Bedrooms | 2 Bathrooms • 1,735 Sq. Ft. • Sold fully furnished – turnkey and ready for immediate income generation. • Accommodates up to 8 guests comfortably, making it a popular Airbnb rental with a 4.7-star rating. Guest House: • 1 Bedroom | 1 Bathroom • Approximately 200 Sq. Ft. • Ideal for additional income as a long-term rental, previously rented for $650 / month. With two separate income streams and a versatile layout, 2309 Proctor Ave is perfect for investors or homeowners looking to offset their mortgage with rental income. Don’t miss out on this unique opportunity – schedule your showing today!
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
3
Baths
1
Stories
1
Lot width
75 ft.
Lot depth
165 ft.
Lot size
0.28 Acres
Year renovated
—
Sq. Ft.
1,735
Year built
1928
Style
Single Family Residential
County
McLennan County
APN
480424000146009
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 6, 2026.
R-2
Two-Family and Attached Single Family Residence District
The R-2 two-family and attached single-family residence district is intended to provide for development of attached dwelling types at moderate densities where it may serve as a transitional use between single-family residential areas and more intensive uses; or in locations with convenient access to the major street system and proximity to community services.
Permitted uses
Include but are not limited to:
Agriculture
Religious facility
Housing-Single unit
Housing-Multiple units
Housing-Student
Bed & breakfast
Educational/school
Library
Golf related
Park & open space
Feb 2, 2022 • Final
Repairs & alterations (residential)
Remodel
Feb 1, 2022 • Final
Residential (plum)
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Number Of Parking Spaces: 0
Parking & Garage
Garage Spaces: 0
Interior
Bathroom Information
Bathrooms Full: 2
Bathrooms Total Integer: 2
Bedroom Information
Bedrooms Total: 3
Fireplace Information
Fireplaces Total: 1
Fireplace Features: Wood Burning
Heating & Cooling
Cooling: Central Air, Gas
Heating: Central, Natural Gas
Interior Features
Room Count: 3
Has Appliances
Appliances: Gas Water Heater, Refrigerator
Living Area: 1735.00
Flooring: Laminate, Wood
Interior Features: Cable TV Available, High Speed Internet Available
Room 1 Information
Room Type: Bedroom
Room 2 Information
Room Type: Breakfast Room
Room 3 Information
Room Type: Living Room
Exterior
Building Information
Roof: Composition
Construction Materials: Stucco
Foundation Details: Slab
Exterior Features
Exterior Features: Covered Porch(es), Gutters
Fencing: Chain Link, Partial
Patio And Porch Features: Covered, Patio
Lot Information
Lot Size: Less Than .5 Acre (not Zero)
Lot Size Acres: 0.2841
Lot Size Area: 0.2841
Lot Size Square Feet: 12375.3960
Lot Size Units: Acres
Other Structures: Guest House, Shed(s)
Parcel Number: 194305
RATIO List Price By Lot Size Acr: 985568.46181
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Property Attached YN: No
Property Key: 48309|480424000146009|1|19857746
Property Match: APN
US Property MUI: 408959082
Building Information
Year Built: 1928
Financial
Tax Information
Tax Block: 13
Tax Legal Description: UNIVERSITY HTS BLOCK 13 LOT A11 12 ACRES .2841
Tax Lot: A11
Unexempt Taxes: 6469
Financial Information
Buyer Financing: Cash
Utilities
Utility Information
Utilities: Sewer Available
Location
Multi-Unit Information
Unit Count: 0
School Information
Elementary School: Dean Highland
Elementary School Name: Dean Highland
School District: Waco ISD
Location Information
County Or Parish: McLennan
Country: United States
Subdivision Name: University Heights
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 1,735
Stories: 1.0
Lot Size: 0.28 acres
Style: Single Family Residential
Year Built: 1928
Year Renovated: —
County: McLennan County
APN: 480424000146009
Home facts updated by county records on Jul 6, 2026
Other
Listing Information
Document Manager MLS Count: 0
Document Manager Private Count: 0
Document Manager Public Count: 0
Document Manager Total Count: 0
Listing Id: 227333
Listing Key Numeric: 450665385
Listing Terms: Cash, Conventional, FHA, VA Loan
Mls Status: Closed
Previous Status: Pending
Originating System Name: North Texas Real Estate Information Systems
Photos Count: 25
Possession: Closing/Funding
Seller Contributions: 0
Standard Status: Closed
Transaction Type: For Sale
Listing Date Information
Days On Market: 7
Cumulative Days On Market: 7
Close Date: 2025-01-24
Purchase Contract Date: 2025-01-10
Listing Contract Date: 2025-01-04
Off Market Date: 2025-01-10
Status Change Timestamp: 2025-01-24T15:08:24.520
Listing Price Information
Original List Price: 280000.00
List Price: 280000.00
RATIO Close Price By Lot Size Ac: 960049.27842
RATIO Current Price By Lot Size: 960049.27842
Around this home
Schools
Dean Highland Elementary School
Public PreK-5 • Assigned • 0.9mi
1/10
G W Carver Middle
Public 6-8 • Assigned • 2.5mi
1/10
Waco High School
Public 9-12 • Assigned • 1.8mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 days above 109° expected this year, 24 days in 30 years
6/10 Wind Factor
60% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Waco, TX • 76708
Average low and high temperatures (°F)
57
35
68
43
79
54
80
61
84
65
91
75
92
75
95
75
91
68
88
61
75
52
66
44
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.7 hours in
June and 5.2 hours in December, which is comparable to the
U.S. average for solar exposure.
9.7 hrs
5.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$264,000 – $319,000
Sell confidently with a local market expert in Waco. 3 minutes to get started.