7554 Rice Lane new Save Request In-Person Tour Request Virtual Tour
Dallas,TX 75241
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
Year Built 2005
Lot Size 5,488 Sqft
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
Rooms
Dining Room 1
Interior
Heating Central,Electric
Cooling Ceiling Fan(s),Central Air,Electric
Flooring Carpet,Vinyl
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
Building
Lot Description Interior Lot
Story One
Foundation Slab
Structure Type Brick,Siding
Schools
Elementary Schools Thornton
Middle Schools Zumwalt
High Schools Southoakcl
School District Dallas Isd
Others
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20981733