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$230,000

Est. payment - /mo

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3 Beds

2 Baths

1,248 SqFt

Active

7554 Rice Lane Dallas, TX 75241

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James Biedenharn

james@getsoldtexas.com +1(817) 870-8860

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,248 sqft

Price per Sqft $184

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

Ownership See Tax Data

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

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

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Charles Honeycutt • Seeto Realty