7554 Rice Ln

1,248 Sq. Ft.
$184 / Sq. Ft.
1,248
Sq. Ft.
$184
per Sq. Ft.

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....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!
  1. Listed by Charles Honeycutt • TREC #0719804 • Seeto Realty • 972-509-7100
  2. Listed by Sharon Bartlett • TREC #0684103 • Seeto Realty

Property Details for 7554 Rice Lane

Subdivision Name
Wisdom Terrace Ph 05
Structural Style
Single Detached
Pool
No
Garage Spaces
2
Lot Size Dimensions
50X110
LISTING UPDATED: 12/29/2025 06:15 PM

Property Details for 7554 Rice Lane

StatusActive
MLS #20981733
Days on Market259
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2005
Lot Size0.13 AC / 5,488 SF
CountyDallas County

Location

Listing Courtesy of Seeto Realty, Charles Honeycutt; Seeto Realty, Sharon Bartlett
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Building Information for 7554 Rice Lane

Stories1Year Built2005Building Size-Lot Size0.13 AC / 5,488 SF

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Principal and Interest

$1,121

Property Taxes

$403

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Property Information for 7554 Rice Lane

Summary
Location and General Information
  • Block: A6630
  • Complex Name: N/A
  • Directions: 35 to Camp Wisdom, go east turn right on Buford and Right on Weslayan and right on Rice Ln
  • Elementary School: Thornton
  • Elementary School Name: Thornton
  • High School: Southoakcl
  • High School Name: Southoakcl
  • Middle School: Zumwalt
  • Senior Community Yes/No: No
  • Year Built Details: Preowned
  • School District: Dallas ISD
  • Geocode Confidence: High
  • Latitude: 32.66
  • Longitude: -96.82
  • State: Texas
Parking
  • Garage Length: 20
  • Garage Width: 18
  • Parking Features: Driveway, Garage, Garage Faces Front, Off Street
  • Carport Spaces: 0
  • Attached Garage: Yes
  • Parking Spaces Covered Total: 2
  • Garage: Yes
Taxes and HOA Information
  • Tax Legal Description: Wisdom Terrace Ph 5 Blk A/6630
  • Association Type: None
  • Special Taxing Entities: No
  • Tax Lot: 19
Virtual Tour
Interior and Exterior Features
Interior Features
  • Fireplaces Total: 0
  • Flooring: Carpet, Vinyl
  • Heating: Central, Electric
  • Interior Features: Cable TV Available, High Speed Internet Available, Open Floorplan, Walk-In Closet(s)
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Appliances: Dishwasher, Electric Range, Microwave
  • Basement: No
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Laundry Features: Utility Room, Full Size W/D Area
  • Living Area: 1248.0
  • Smart Home Features Appor Pass Y: No
  • Room and Floor: Living Room-1-1, Kitchen-1-1, Bedroom-Primary-1-1, Master Bedroom-1-1, Bedroom-1-1, Bedroom-1-2, Bath-Primary-1-1, Bath-Full-1-1, Laundry-1-1
Exterior Features
  • Construction Materials: Brick, Siding
  • Fencing: Back Yard, Fenced, Wood
  • Foundation Details: Slab
  • Number Of Stories: 1
  • Roof: Composition
  • Waterfront: No
  • Room and Features: Living Room-1-1, Kitchen-1-1, Bedroom-Primary-1-1, Master Bedroom-1-1, Bedroom-1-1, Bedroom-1-2, Bath-Primary-1-1, Bath-Full-1-1, Laundry-1-1
  • Room List: Living Room, Kitchen, Bedroom-Primary, Master Bedroom, Bedroom, Bath-Primary, Bath-Full, Laundry
  • Levels: One
Room 1
  • Room Dimensions: 1 x 1
  • Room Length: 1.00
  • Room Level: 1
  • Room Type: Laundry
  • Room Width: 1.00
Room 2
  • Room Dimensions: 10 x 10
  • Room Features: Ceiling Fan(s)
  • Room Length: 10.00
  • Room Level: 1
  • Room Type: Bedroom
  • Room Width: 10.00
Room 3
  • Room Dimensions: 10 x 10
  • Room Features: Ceiling Fan(s)
  • Room Length: 10.00
  • Room Level: 1
  • Room Type: Bedroom
  • Room Width: 10.00
Room 4
  • Room Dimensions: 14 x 14
  • Room Features: Ceiling Fan(s)
  • Room Length: 14.00
  • Room Level: 1
  • Room Type: Living Room
  • Room Width: 14.00
Room 5
  • Room Dimensions: 1 x 1
  • Room Length: 1.00
  • Room Level: 1
  • Room Type: Bath-Full
  • Room Width: 1.00
Room 6
  • Room Dimensions: 15 x 14
  • Room Features: Ceiling Fan(s)
  • Room Length: 15.00
  • Room Level: 1
  • Room Type: Bedroom-Primary
  • Room Width: 14.00
Room 7
  • Room Dimensions: 14 x 14
  • Room Features: Eat-in Kitchen
  • Room Length: 14.00
  • Room Level: 1
  • Room Type: Kitchen
  • Room Width: 14.00
Room 8
  • Room Dimensions: 1 x 1
  • Room Length: 1.00
  • Room Level: 1
  • Room Type: Bath-Primary
  • Room Width: 1.00
Property
Utilities
  • Green Energy Efficient: Appliances
  • Utilities: Cable Available, City Sewer, City Water, Curbs, Electricity Connected, Individual Water Meter, Sidewalk
Property and Assessments
  • Exclusions: Tenants kitchen refrigerator and washer & dryer.
  • Financing Proposed: Cash, Conventional, FHA, VA Loan
  • Handicap: No
  • Loan Type: Treat As Clear
  • Property Match: APN
Lot Information
  • Lot Features: Interior Lot
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Size Acres: 0.126
  • Lot Size Area: 0.126
  • Lot Size Source: Public Records
  • Lot Size Units: Acres
  • Lot Size Square Feet: 5488.56
  • Multi Parcel ID: No
  • Parcel Number: 006630000a0190000
  • Soil Type: Unknown
  • Lake Pump: No
  • Property Attached: No

Property History for 7554 Rice Lane

DateEvent & SourcePriceAppreciation
Jun 26, 2025

Listed (Active)

NTREIS #20981733

$230,000—
Jun 25, 2025

Withdrawn

NTREIS #20973280

—
Jun 25, 2025

Listed (Active)

NTREIS #20973280

$230,000—
Feb 27, 2010

Sold

NTREIS #11299222

—
Feb 26, 2010

Pending

NTREIS #11299222

—
Oct 29, 2009

Listed (Active)

NTREIS #11299222

$72,000—
Jul 18, 2007

Sold

NTREIS #10773531

—
Jun 11, 2007

Pending

NTREIS #10773531

—
May 9, 2007

Listed (Active)

NTREIS #10773531

$105,000—
Nov 18, 2005

Sold

NTREIS #10395281

—
Oct 8, 2005

Pending

NTREIS #10395281

—
Sep 19, 2005

Listed (Active)

NTREIS #10395281

$102,615—
DateEvent & SourcePrice
06/26/2025

Listed (Active)

NTREIS #20981733

$230,000
06/25/2025

Withdrawn

NTREIS #20973280

—
06/25/2025

Listed (Active)

NTREIS #20973280

$230,000
02/27/2010

Sold

NTREIS #11299222

—
02/26/2010

Pending

NTREIS #11299222

—
10/29/2009

Listed (Active)

NTREIS #11299222

$72,000
07/18/2007

Sold

NTREIS #10773531

—
06/11/2007

Pending

NTREIS #10773531

—
05/09/2007

Listed (Active)

NTREIS #10773531

$105,000
11/18/2005

Sold

NTREIS #10395281

—
10/08/2005

Pending

NTREIS #10395281

—
09/19/2005

Listed (Active)

NTREIS #10395281

$102,615

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7554 Rice Lane

Taxable ValueLand$60,000Additions$156,110Total$216,110
Tax Record2024$4,830 ($403 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,248 SqFtAbove Grade Finished SqFt1,248 SqFtStories1Lot Size5,500 SqFtStyleSingle Family ResidenceYear Built2005ZoningZ413CountyDALLASAPN006630000A0190000

Schools near 7554 Rice Lane

This home is within Dallas Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Thomas L Marsalis Elementary School
PublicPK to 5

Boude Storey Middle School
Public6 to 8

South Oak Cliff High School
Public9 to 12

Kathlyn Joy Gilliam Collegiate Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

7554 Rice Lane is a single family home for sale in Dallas, TX 75241. This property was listed for sale on June 26, 2025 by Seeto Realty, it's currently listed at $230,000. It has been on the market for a total of 259 days and was last sold on February 27, 2010. This listing's school district is Dallas Independent School District. Nearby schools include Thomas L Marsalis Elementary School, Boude Storey Middle School and South Oak Cliff High School. 7554 Rice Lane is a 3-bed, 2-bath, 1,248 sqft single family home built in 2005.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Seeto Realty, Charles Honeycutt; Seeto Realty, Sharon Bartlett

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 12/29/2025 06:15 PM