7554 Rice Lane
Dallas, TX, 75241
$230,000
3 Beds
2 Baths
1,248 SqFt
0.13 Acres
MLS #20981733 image #0MLS #20981733 image #1MLS #20981733 image #2MLS #20981733 image #3MLS #20981733 image #4MLS #20981733 image #5MLS #20981733 image #6MLS #20981733 image #7MLS #20981733 image #8MLS #20981733 image #9MLS #20981733 image #10MLS #20981733 image #11MLS #20981733 image #12MLS #20981733 image #13MLS #20981733 image #14MLS #20981733 image #15MLS #20981733 image #16

Location

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&#39'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!

Questions? I’m here to help!
Aaron Layman
Aaron Layman Properties
Call Now: 940-209-2100

Property Details

Price:
$230,000
MLS #:
20981733
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Wisdom Terrace Ph 05
Listed Date:
Jun 26, 2025
Finished Sq Ft:
1,248
Lot Size:
5,663 sqft / 0.13 acres (approx)
Year Built:
2005
GarageWisdom Terrace Ph 05Dallas IsdThorntonZumwaltSouthoakcl

Schools

School District:
Dallas ISD
Elementary School:
Thornton
Middle School:
Zumwalt
High School:
Southoakcl

Interior

Bathrooms Full
2
Cooling
Ceiling Fan(s), Central Air, Electric
Flooring
Carpet, Vinyl
Heating
Central, Electric
Interior Features
Cable T V Available, High Speed Internet Available, Open Floorplan, Walk- In Closet(s)
Number Of Living Areas
1

Exterior

Construction Materials
Brick, Siding
Fencing
Back Yard, Fenced, Wood
Garage Length
20
Garage Spaces
2
Garage Width
18
Lot Size Area
0.1260
Lot Size Dimensions
50 X110

Financial

Green Energy Efficient
Appliances
Questions? I’m here to help!
Aaron Layman
Aaron Layman Properties
Call Now: 940-209-2100

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Aaron a full-service broker serving the Northern DFW Metroplex. Aaron has two decades of experience in the real estate industry working with buyers, sellers and renters.

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Community

Subdivisions in Dallas

Market Summary

Current real estate data for Single Family in Dallas as of Aug 08, 2025
3,884
Single Family Listed
76
Avg DOM
298
Avg $ / SqFt
$896,861
Avg List Price

Property Summary

    Located in the Wisdom Terrace Ph 05 subdivision, 7554 Rice Lane Dallas TX is a Single Family for sale in Dallas, TX, 75241. It is listed for $230,000 and features 3 beds, 2 baths, and has approximately 1,248 square feet of living space, and was originally constructed in 2005. The current price per square foot is $184. The average price per square foot for Single Family listings in Dallas is $298. The average listing price for Single Family in Dallas is $896,861. To schedule a showing of MLS#20981733 at 7554 Rice Lane in Dallas, TX, contact your Aaron Layman Properties agent at 940-209-2100.
7554 Rice Lane
Dallas, TX