717 Rice Rd, Tyler, TX 75703

$325,000 Asking Price

2 beds
1 bath
1,388  sqft
Built in 1950

Prime Investment Opportunity in Central Tyler – 2-Bed, 1-Bath Home on Nearly an Acre! Located in the heart of Tyler, Texas, this charming 2-bedroom, 1-bath traditional home offers exceptional value and incredible potential. Situated on a nearly 1-acre lot, the property presents a unique opportunity for investors, home builders, or those looking to capitalize on the central location and prime land. With 1,388 square feet of living space, this well-maintained home features a new roof, updated plumbing, updated water heater, and a new HVAC system, making it move-in ready or an easy rental for immediate income. Currently occupied by a long-term tenant of 14 years, this home offers steady cash flow while you explore development possibilities. The expansive lot provides room for growth, whether you’re looking to subdivide for additional single-family homes, rezone for office space, or create a commercial development. This rare, large parcel in a highly desirable central Tyler location puts you within minutes of Broadway Avenue, Old Jacksonville Hwy, dining, shopping, and all that Tyler has to offer. At $325,000, this is a unique opportunity to own a sizable piece of land in one of East Texas’s most sought-after areas. Whether you’re a builder, developer, or investor, don’t miss out on this rare find!

Features & Amenities

Interior

General:
Ceiling Fan,Smoke Alarm
Dining:
Separate Formal Dining
Flooring:
Vinyl Plank
A/C:
Central Gas
Heating:
Central/Gas
Fireplace:
None

Exterior

General:
Patio Covered,Porch
Style:
Traditional
Other Structures:
None
Pool:
None

Construction

Roofing:
Composition
General:
Brick Veneer, 1 Story, Pier and Beam

Location

County:
Smith

Lot

Driveway:
Concrete
Zoning:
LOT 12 BLOCK 999-M IDLEWILDE
Fencing:
Wood Fence

Utilities

Water:
Public
Sewer:
Public Sewer

This listing courtesy of:
Keller Williams Realty-Tyler, Haden Riggs

About Tyler, TX

Housing

Number of Units
69,402
Median Home Value
$175,417
Median Rent
$815

39.07% of housing units are renter occupied.

9.19% are vacant.

Commute

Car
80.40%
Public Transportation
0.37%
Walk to Work
0.78%
Work from Home
16.97%
Other
1.02%

The median travel time to work is 20 minutes.

People

Population
163,815
Median Age
36.80
Median Household Size
2.79

Education

High School
21.49%
Associate’s Degree
10.64%
Bachelor’s Degree
18.29%
Graduate Degree
8.66%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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