Southeast Oak Cliff, located between the Trinity River and I-20, is a historic and residential Dallas neighborhood with rolling topography and a strong park-and-trail network. The neighborhood’s character concentrates around the Martin Luther King Jr Blvd & Malcolm X Blvd corridor, where barbershops, taquerias, beauty salons, and longtime storefronts set a steady street rhythm. Housing leans toward mid-century brick ranches and postwar cottages, with pockets of newer infill along wider arterials. The landscape reads green and expansive near the Great Trinity Forest and the Trinity River Audubon Center. Cultural anchors such as the African American Museum of Dallas, the South Dallas Cultural Center, and the Dallas Heritage Village connect daily life to the city’s larger story. Commutes and weekend plans often orbit major boulevards, trailheads, and big-sky parkland.
Provided by Walk Score and Local Logic
Market insights
7542 Rice Ln · $257,500
DAYS ON MARKET
5 days
The average home goes pending in 38 days.
SALE-TO-LIST
97.8%
Most homes are selling 2% below list price.
LIST PRICE
$257,500
Median sale price in this area is $378,993. (47% higher than this home)
PRICE DROP
0 price drops
26% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Interior features
Pantry
One living area
One dining area
Two total rooms (per listing)
Bedrooms
3 bedrooms
Primary bedroom on level 1 (11 x 14)
Bathrooms
2 full bathrooms
Kitchen
Dishwasher
Disposal
Electric cooktop
Electric oven
Electric range
Exterior features
Lot less than 0.5 acre (about 0.126 acres)
Subdivision: Wisdom Terrace Add Ph 05
Home design
Single family residence
One story
Residential property
Parking
Garage with garage door opener
Attached garage
Construction
Built in 2005
Utilities
City water
City sewer
Individual gas meter
Individual water meter
Master gas meter
HOA & community
No association
Financial info
Accepts Cash, Conventional and FHA financing
Treat as clear loan status
No second mortgage
Other
Listing is Active Under Contract
Possession at closing/funding
Listing agreement: Exclusive right to sell
Electricity and solar
View estimated energy costs and solar savings for this home
Finally! You have found your home. This 3 bedrooms 2 baths quaint and cozy home is ready for you to call it home. Secondary bedrooms are separate from the owner's suite and the kitchen is open and ready for you to create your delectable delights! You don't want to miss this home! Special financing available.
Public Records
Oct 16, 2012
Sold
*
NTREIS #11811203
Oct 15, 2012
Sold
*
Aug 13, 2012
Pending
—
Jul 25, 2012
Listed
$56,000
$45/sq ft
A beautiful three bedroom, two bath with a nice curb appeal close to major thoroughfares and universities. For utility turn-ons, approval must be granted in advance from HUD s Field Service Manager. In cases where plumbing deficiencies exist, approval for water turn-on may be denied.
Public Records
Dec 6, 2005
Sold
*
Year
Property tax
Land + Additions
Assessment*
2025
$4,724 (−0.4%)
$60,000 + $152,140
$212,140
2024
$4,741 (+13.5%)
$60,000 + $152,140
$212,140
2023
$4,177 (−8.2%)
$45,000 + $137,010
$182,010
2022
$4,551 (+13.8%)
$45,000 + $137,010
$182,010
2021
$4,000 (+4.2%)
$35,000 + $116,640
$151,640
2020
$3,838 (−0.8%)
$30,000 + $111,480
$141,480
2019
$3,867 (+21.7%)
$30,000 + $111,480
$141,480
2018
$3,178 (+20.0%)
$24,000 + $87,690
$111,690
2017
$2,647
$24,000 + $73,350
$97,350
2016
$2,647 (+22.5%)
$24,000 + $73,350
$97,350
2015
$2,160 (+18.5%)
$24,000 + $73,350
$97,350
2014
$1,823 (+0.3%)
$24,000 + $42,720
$66,720
2013
$1,817
$24,000 + $42,720
$66,720
2012
$1,815 (−13.2%)
$24,000 + $42,720
$66,720
2011
$2,091 (−22.0%)
2010
$2,682
2009
$2,682
Public record
Public record
Zoning
Beds
3
Baths
2
Stories
1
Lot width
50 ft.
Lot depth
110 ft.
Lot size
5,502 Sq. Ft.
Year renovated
2005
Finished Sq. Ft.
1,248
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,248
Year built
2005
Style
Single Family Residential
County
Dallas County
APN
006630000A0160000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 10, 2026.
R-5(A)
Single Family 5,000 sq ft District
This classification creates a single family dwelling district which is appropriate in area requirements for moderate value single family housing development and which, at the same time, provides a reasonable standard of light, air, and similar living amenities. It is intended that the R-5(A) classification be added by amendment in specific areas where higher density single family residence development is shown to be appropriate because of existing development and the adequacy of utilities and where redevelopment of substandard areas at increased single family density is appropriate.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Housing-Group
Housing-Single unit
Housing-Senior
Office
Golf related
Park & open space
Local insights from Redfin agents
Absolutely love Dallas! It's known for its incredible Award-winning restaurants, and vibrant entertainment districts like Deep Ellum and Uptown. Home to the largest urban arts district in the country, world-class museums, and the iconic State Fair...