Dallas, TX 75241 7554 Rice Lane
$230,000



11 more












Presented By: Charles Honeycutt with Seeto Realty; 972-509-7100
Home Details
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!
Presented By: Charles Honeycutt with Seeto Realty; 972-509-7100
Interior Features for 7554 Rice Lane
Bedrooms
Total Bedrooms3
Bathrooms
Half Baths0
Total Baths2
Other Interior Features
Fireplaces Total0
Lock Box TypeBlue iBox
Laundry FeaturesUtility Room, Full Size W/D Area
Basement Y/NNo
Dining Areas1
FlooringCarpet, Vinyl
Interior FeaturesCable TV Available, High Speed Internet Available, Open Floorplan, Walk-In Closet(s)
Living Areas1
Other Rooms
Room Count8
General for 7554 Rice Lane
AppliancesDishwasher, Electric Range, Microwave
Carport Spaces
CityDallas
Complex NameN/A
Construction MaterialsBrick, Siding
CoolingCeiling Fan(s), Central Air, Electric
CountyDallas
Directions35 to Camp Wisdom, go east turn right on Buford and Right on Weslayan and right on Rice Ln
Elementary SchoolThornton
Elementary School NameThornton
ExclusionsTenants kitchen refrigerator and washer & dryer.
Full Baths2
Green Energy EfficientAppliances
HOA TypeNone
HeatingCentral, Electric
High SchoolSouthoakcl
LevelsOne
Listing TermsCash, Conventional, FHA, VA Loan
Number of Garage Spaces2
Occupant TypeTenant
Pool Y/NNo
PossessionLease Outstanding
Property SubtypeSingle Family Residence
Property TypeResidential
RoofComposition
School DistrictDallas ISD
Standard StatusActive
StatusActive
Subdivision NameWisdom Terrace Ph 05
Transaction TypeFor Sale
UtilitiesCable Available, City Sewer, City Water, Curbs, Electricity Connected, Individual Water Meter, Sidewalk
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built2005
Year Built DetailsPreowned
Exterior for 7554 Rice Lane
Attached Garage Y/NYes
Covered Spaces2
FencingBack Yard, Fenced, Wood
Foundation Slab
Garage Length20
Garage Width18
Garage Y/NYes
Lot FeaturesInterior Lot
Lot SizeLess Than .5 Acre (not Zero)
Lot Size Acres0.1260
Lot Size Area0.1260
Lot Size Dimensions50X110
Lot Size SourcePublic Records
Lot Size Square Feet5488.5600
Lot Size UnitsAcres
Parking FeaturesDriveway, Garage, Garage Faces Front, Off Street
Soil TypeUnknown
Structural StyleSingle Detached
WaterfrontNo
Additional Details
Price History
Schools
Middle School
N/A
High School
N/A
Elementary School
Thornton Elementary School

Rodney Edwards
Associate Broker