7554 Rice Lane Dallas, TX $ 230,000
7554 Rice Lane
$ 230,000
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7554 Rice Lane

Dallas, TX, 75241
$ 230,000
Bedrooms3 Baths2.0 Sq 1,248

Monthly Estimate*

$ 1,416

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Single Family Home for sale in Dallas, TX

for $230,000 with 3 bedrooms and 2 full baths. This 1,248 square foot home was built in 2005 on a lot size of 0.126.

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!

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Single Family Active

Price

$ 230,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 0

Style

Single Family Residence

Lot Size

0.126

Year Built

2005

Town/City

Dallas

County/Region

Dallas

MLS | Web ID

20981733

Features
Interior
Interior Features Cable TV Available High Speed Internet Available Open Floorplan Walk-In Closet(s)
Flooring Carpet Vinyl
Basement Y/N 0
Dining Areas 1
Living Areas 1
Half Baths 0
Total Bedrooms 3
Total Baths 2
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General
Heating Central Electric
Complex Name N/A
Cooling Ceiling Fan(s) Central Air Electric
Utilities Cable Available City Sewer City Water Curbs Electricity Connected Individual Water Meter Sidewalk
Possession Lease Outstanding
Roof Composition
Appliances Dishwasher Electric Range Microwave
Number of Garage Spaces 2
School District Dallas ISD
Pool Y/N 0
Exclusions Tenants kitchen refrigerator and washer & dryer.
Year Built 2005
Levels One
Property Subtype Single Family Residence
Subdivision Name Wisdom Terrace Ph 05
Transaction Type For Sale
Occupant Type Tenant
County Dallas
Property Type Residential
Construction Materials Brick Siding
Year Built Details Preowned
HOA Type None
Full Baths 2
Status Active
Directions 35 to Camp Wisdom go east turn right on Buford and Right on Weslayan and right on Rice Ln
City Dallas
Elementary School Name Thornton
High School Southoakcl
Elementary School Thornton
Standard Status Active
Listing Terms Cash Conventional FHA VA Loan
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Exterior
Waterfront 0
Lot Features Interior Lot
Fencing Back Yard Fenced Wood
Soil Type Unknown
Garage Length 20
Garage Width 18
Lot Size Source Public Records
Parking Features Driveway Garage Garage Faces Front Off Street
Lot Size Less Than .5 Acre (not Zero)
Foundation Slab
Lot Size Dimensions 50X110
Structural Style Single Detached
Garage Y/N 1
Attached Garage Y/N 1
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Internal Only
Street Number 1 7554
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* Excluded Features
List By
Charles Honeycutt

Listing Agent

Seeto Realty

Broker

Affordability Calculator

$1,416
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,416
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3936786 Elementary School
286523 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/26/2025$230,000 Listed Price

Map


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7554 Rice Lane, Dallas, TX, 75241 is a Single Family Home for sale at $230,000 with 1,248 sqft and a lot size of 0.126. 7554 Rice Lane has 3 bedrooms, 2.0 baths, and was built in 2005. The property's zip code is 75241 which is in Dallas, TX