About 7554 Rice Lane
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!
Features of 7554 Rice Lane
| MLS® # | 20981733 |
|---|---|
| Price | $230,000 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,248 |
| Acres | 0.13 |
| Year Built | 2005 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Active |
Community Information
| Address | 7554 Rice Lane |
|---|---|
| Subdivision | Wisdom Terrace Ph 05 |
| City | Dallas |
| County | Dallas |
| State | TX |
| Zip Code | 75241-4426 |
Amenities
| Utilities | Cable Available, City Sewer, City Water, Curbs, Electricity Connected, Individual Water Meter, Sidewalk |
|---|---|
| # of Garages | 2 |
| Garages | Driveway, Garage, Garage Faces Front, Off Street |
| Is Waterfront | No |
| Pool On Property | No |
Interior
| Interior Features | Cable TV Available, High Speed Internet Available, Open Floorplan, Walk-In Closet(s) |
|---|---|
| Heating | Central, Electric |
| Fireplace | No |
Exterior
| Lot Features | Interior Lot |
|---|---|
| Roof | Composition |
| Construction | Brick, Siding |
| Foundation | Slab |
School Information
| District | Dallas ISD |
|---|---|
| Elementary | Thornton |
| Middle | Zumwalt |
| High | Southoakcl |
Additional Information
| # of living Areas | 1 |
|---|---|
| Flooring | Carpet, Vinyl |
| $/LivSqFt | $184 |
Listing Details
| Agent | Charles Honeycutt |
|---|---|
| Office | Seeto Realty |
| Contact Info | 972-509-7100 |