Dallas, TX 75241,7554 Rice Lane
Dallas, TX 75241,7554 Rice Lane
Dallas, TX 75241,7554 Rice Lane
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Stephanie Deeds

Stephanie Deeds

+1(817) 659-0980
$230,000
Est. payment /mo
3 Beds
2 Baths
1,248 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,248 sqft

Subdivision Wisdom Terrace Ph 05

MLS Listing ID 20981733

Bedrooms 3

Full Baths 2

HOA Y/N None

Year Built 2005

Lot Size 5,488 Sqft

Acres 0.126

Lot Dimensions 50X110

Property Sub-Type Single Family Residence

Property Description

Discover a prime investment opportunity or excellent starter home with this 1,248 sq. ft., 3-bedroom, 2-bathroom single family property in Dallas, TX, a proven income generator with the same tenant for over 12 years. Situated on a 0.12-acre lot near Interstates 35E and 20, this well-maintained home offers easy access to downtown Dallas, shopping, and entertainment, making it highly desirable. With a tenant secured through March 31, 2026, you'll enjoy immediate cash flow as an investment property. Featuring a brand-new roof installed in May 2025, an open-concept floor plan with a bright living area, a 2-car garage, and a large, fenced backyard, this move-in-ready home could use a little updating to maximize potential.
Perfect for seasoned investors and newcomers, this turnkey property delivers steady income and long-term value. The home's manageable size, modern layout, and location help to ensure strong tenant demand. Don't miss out on this wonderful home. Schedule a showing today!

Location

State TX

County Dallas

Direction 35 to Camp Wisdom, go east turn right on Buford and Right on Weslayan and right on Rice Ln

Rooms

Dining Room 1

Interior

Interior Features Cable TV Available, High Speed Internet Available, Open Floorplan, Walk-In Closet(s)

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air, Electric

Flooring Carpet, Vinyl

Appliance Dishwasher, Electric Range, Microwave

Heat Source Central, Electric

Laundry Utility Room, Full Size W/D Area

Exterior

Garage Spaces 2.0

Fence Back Yard, Fenced, Wood

Utilities Available Cable Available, City Sewer, City Water, Curbs, Electricity Connected, Individual Water Meter, Sidewalk

Roof Type Composition

Total Parking Spaces 2

Garage Yes

Building

Lot Description Interior Lot

Story One

Foundation Slab

Level or Stories One

Structure Type Brick,Siding

Schools

Elementary Schools Thornton

Middle Schools Zumwalt

High Schools Southoakcl

School District Dallas Isd

Others

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20981733

Read Less Info
North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
©2026 North Texas Real Estate Information Systems.
Listed by Charles Honeycutt • Seeto Realty

NEARBY SCHOOLS & PROPERTIES

SCHOOLS PROPERTIES
Elementary Schools 20
  • 9

    Harry Stone Montessori Academy (Elementary School)

    Public | PK - 5

  • 6

    Marsalis Elementary School

    Public | PK - 5

  • 6

    Houston Elementary School

    Public | PK - 5

  • 5

    Golden Rule Desoto

    Public | PK - 4

  • 5

    Uplift Education-Hampton Preparatory Primary School

    Public | KG - 4

  • 5

    Carpenter Elementary School

    Public | PK - 5

  • 5

    Alexander Elementary School

    Public | PK - 5

  • 5

    Turner Elementary School

    Public | PK - 5

  • 5

    Twain Elementary School

    Public | PK - 5

  • 5

    Terry Elementary School

    Public | PK - 5

  • 5

    Oliver Elementary School

    Public | PK - 5

  • 5

    Gateway Charter Academy -Elementary

    Public | PK - 5

  • 5

    Holland at Lisbon Elementary School

    Public | PK - 5

  • 5

    Pease Elementary School

    Public | PK - 5

  • 4

    Umphrey Lee Elementary School

    Public | PK - 5

  • 4

    Weiss Elementary School

    Public | PK - 5

  • 4

    Life School Oak Cliff

    Public | KG - 12

  • 3

    Academy of Dallas

    Public | PK - 8

  • 3

    Thornton Elementary School

    Public | PK - 5

  • 3

    Young Elementary School

    Public | PK - 5

Middle Schools 10
  • 9

    Harry Stone Montessori Academy

    Public | 6 - 8

  • 8

    Barack Obama Male Leadership Academy at BF Darrell Middle School

    Public | 6 - 8

  • 4

    Uplift Education-Hampton Preparatory Middle School

    Public | 6 - 8

  • 4

    Gateway Charter Academy - Middle - High School

    Public | 6 - 12

  • 1

    Atwell Law Academy

    Public | 6 - 8

  • 1

    Zumwalt Middle School

    Public | 6 - 8

  • 0

    Bishop Dunne Catholic School

    Private | 6 - 12

  • 0

    Learning Alternative Center for Empowering Youth

    Public | 6 - 8

  • 0

    Dallas County School for Accelerated Learning

    Public | 7 - 12

  • 0

    Dallas Prime Preparatory

    Public | 6 - 12

High Schools 8
  • 10

    Barack Obama Male Leadership Academy at BF Darrell High School

    Public | 9 - 11

  • 8

    Kathlyn Joy Gilliam Collegiate Academy

    Public | 9 - 12

  • 2

    Carter High School

    Public | 9 - 12

  • 2

    South Oak Cliff High School

    Public | 9 - 12

  • 0

    Uplift Education-Hampton Preparatory High School

    Public | 9 - 12

  • 0

    Advanced Preparatory International

    Private | 9 - 12

  • 0

    School Community Guidance Center

    Public | 9 - 12

  • 0

    Dallas Can Academy - Grant East

    Public | 9 - 12

School and business data provided by Attom Data.

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Stephanie Deeds

Stephanie Deeds

+1(817) 659-0980

Broker | License ID: 0619967

Broker License ID: 0619967

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7554 Rice Lane