Date
Details
Price
Change
Source
6/26/2025
Listed
$230,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/16
$230,000
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1/16
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!
Full Property Details
Full Property Details for 7554 Rice Ln
General
- Price: $230,000
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 20981733
- Updated: 12/29/2025
- Added to Site: 205 day(s) ago
Interior
- Interior Features: High Speed Internet, Open Floorplan, Cable TV, Walk-In Closet(s)
- Appliances: Dishwasher, Electric Range, Microwave
- Flooring: Carpet, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Laundry in Utility Room
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Driveway, Garage Faces Front, Garage, Off Street
Location
- County: Dallas
- Subdivision: Wisdom Terrace Ph 05
- Driving Directions: 35 to Camp Wisdom, go east turn right on Buford and Right on Weslayan and right on Rice Ln
School Information
- Elem School District: Dallas ISD
- Midd School District: Dallas ISD
- High School District: Dallas ISD
- Elementary School: Thornton
- Middle School: Zumwalt
- High School: Southoakcl
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Electricity Connected, Sewer Available, Separate Meters, Water Available, Cable Available
Structural Information
- Property Detached: Yes
- Architectural Style: Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Brick
- Roof: Composition
- Stories/Levels: 1
- Living Area: 1,248 Sq. Ft.
- Year Built: 2005
Lot Features
- Lot Size (Acres): 0.126
- Lot Size (Sq. Ft.): 5,488.56
- Lot Size Source: Public Records
- Lot Dimensions: 50 x 110
- Sidewalks: Yes
- Lot Features: Interior Lot
- Fencing (Description): Back Yard, Fenced, Wood
Green Features
- Energy Efficient: Appliances
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: Wisdom Terrace Ph 5 Blk A/6630
- Exclusions: Tenants kitchen refrigerator and washer & dryer.
- Property ID: 006630000a0190000
- Block: A6630
- Lot Number: 19
Listed by Seeto Realty, Charles Honeycutt and Seeto Realty, Sharon Bartlett
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agents
— 7554 Rice Ln —
Charles Honeycutt
Seeto Realty
Sharon Bartlett
Seeto Realty
972-509-7100
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 7554 Rice Ln
School District:Dallas Independent School District
| Name | Grades | Distance |
|---|---|---|
Thomas L Marsalis Elementary School 5640 South Marsalis Avenue, Dallas, TX 75241 | K-5 | 1.5 mi |
Boude Storey Middle School 3000 Maryland Avenue, Dallas, TX 75216 | 6-8 | 3.5 mi |
South Oak Cliff High School 3601 South Marsalis Avenue, Dallas, TX 75216 | 9-12 | 3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7554 Rice Ln
Tax History
Tax History for 7554 Rice Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,830
-3%
$216,110
—
2024
$4,959
13%
$216,110
13%
2023
$4,386
-9%
$191,150
—
2022
$4,799
14%
$191,150
20%
2021
$4,205
15%
$159,410
18%
2020
$3,660
-1%
$134,930
—
2019
$3,688
21%
$134,930
26%
2018
$3,039
15%
$106,820
10%
2017
$2,647
—
$97,350
—
2016
$2,647
22%
$97,350
24%
2015
$2,161
19%
$78,800
18%
2013
$1,817
—
$66,720
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7554 Rice Ln
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- Single Family
- Active
- Updated 1 day ago
- 5Beds
- 13Total Baths
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7554 Rice Lane, Dallas, TX 75241 (MLS# 20981733) is a Single Family property with 3 bedrooms and 2 full bathrooms. 7554 Rice Lane is currently listed for $230,000 and was received on June 26, 2025. Want to learn more about 7554 Rice Lane? Do you have questions about finding other Single Family real estate for sale in Dallas? You can browse all Dallas real estate or contact a Coldwell Banker agent to request more information.