$230,000

7554 Rice Lane, Dallas, TX 75241

3 beds |
2 baths |
1,248 sqft

Single-Family Home
Built in 2005
5,489sqft lot
2 car garage
$184/sqft
Listed 6 months ago

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!

Listing Status:: Active
Listing Office:: Seeto Realty : 972-509-7100
Listing Agent:: Charles Honeycutt :
MLS ID:: 20981733

General: High Speed InternetOpen FloorplanCable TVWalk-In Closet(s)
Appliances: DishwasherElectric RangeMicrowave
Laundry: Laundry in Utility Room
Flooring: CarpetVinyl
A/C: Central AirCeiling Fan(s)Electric
Heating: CentralElectric
Fireplace: Fireplaces: 0
Eco/Green Feature: Appliances

Style: Detached
Pool: None
Parking: DrivewayGarage Faces FrontGarageOff Street

Roofing: Composition
General: Brick1Slab

Originating MLS: NTR
School District: Dallas ISD
County: Dallas

Zoning: Wisdom Terrace Ph 5 Blk A/6630006630000a0190000
Fencing: Back YardFencedWood

Utilities: Electricity ConnectedSewer AvailableSeparate MetersWater AvailableCable Available
Water: Public
Sewer: Public Sewer

Source: NTR
Exclusions: Tenants kitchen refrigerator and washer & dryer.

This listing courtesy of Charles Honeycutt, Seeto Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

T.G. Terry Elementary School

6661 Greenspan Ave, Dallas, TX, 75232

Grades EE-5

1.03 miles away

D a Hulcy Steam Middle School

9339 S Polk St, Dallas, TX, 75232

Grades 6-8

2.10 miles away

Kathlyn Joy Gilliam Collegiate Academy

1700 E Camp Wisdom Rd, Dallas, TX, 75241

Grades 9-12

1.29 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.