This home's estimate is 5.4% higher than the average sale price ($237K) of 6 comparable homes.
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717 Rice Rd, Tyler, TX 75703
About this home
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. 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!
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Market trends in 75703, TX
Last updated September 2026
Buyer's Market
Seller's Market
Balanced market
0.0% MoM
- NEW 30 MINS AGO
516 Contenders Way, Tyler, TX 75703 See all
Provided by Redfin
Sale history for 717 Rice Rd
$166/sq ft
$166/sq ft
$173/sq ft
$180/sq ft
$198/sq ft
$216/sq ft
$234/sq ft
Tax history for 717 Rice Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
- Public record
- Zoning
R-1A
Single Family Residential District
The R-1A district is primarily intended to accommodate development of detached, single-family housing on large lots.Include but are not limited to:
- Religious facility
- Housing-Group
- Housing-Single unit
- Infrastructure
- Educational/school
- Fire house
- Police station
- Post office
- Golf related
- Park & open space
Property details
Parking
- Parking/Garage Information
- Has Carport
- # of Carport Spaces: 1
- Parking Features: Garage, Concrete
Interior
- Virtual Tour
- Bathroom Information
- # of Full Bathrooms: 1
- Heating & Cooling
- Has Cooling
- Cooling: Central Air, Gas, Ceiling Fan(s)
- Has Heating
- Heating: Central, Natural Gas
- Interior Features
- Interior Features: Master Downstairs
- Appliances: Electric Range, Dishwasher, Disposal, Microwave
- Flooring: Vinyl
- Fireplace Features: Other
Exterior
- Exterior Features
- Patio And Porch Features: Covered, Porch
- Fencing: Wood
- Roof: Composition
- Pool Information
- Pool Features: None
- Building Information
- Levels: One
- Construction Materials: Brick
- Foundation Details: Pillar/Post/Pier
- Property Features
- Security Features: Smoke Detector(s)
- Property Information
- Property Type: Residential
- Property Sub Type: Single Family Residence
- Raw Mls Property Sub Type: Single Family Residence
- Lot Information
- Lot Size Acres: 0.924
Utilities
- Utility Information
- Water Source: Public
- Utilities: Electricity Available
- Sewer: Public Sewer
Location
- Schools Information
- Elementary School: Rice
- Middle Or Junior School: Hubbard
- High School: Tyler Legacy
- Location Information
- Directions: From Broadway & Loop 323, head south on Broadway. Turn right onto Rice Road. Continue straight past Hallye Lane
- Subdivision Name: Idlewilde
Public facts
- Beds: —
- Baths: 1.0
- Sq. Ft.: 1,388
- Stories: 1.0
- Lot Size: 0.92 acres
- Style: Single Family Residential
- Year Built: 1950
- Year Renovated: 1950
- County: Smith County
- APN: 150000099913012000
Other
- Listing Information
- List AOR: Greater Tyler Association of REALTORS
- Listing and Selling Team Information
- List Team Name: RIGGS PROPERTY GROUP
Around this home
Schools
Public PreK-5 • Assigned • 0.4mi
Public 6-8 • Assigned • 1.5mi
Public 9-12 • Assigned • 1.0mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
0.15% chance of being in a wildfire in next 30 years
7 days above 109° expected this year, 27 days in 30 years
61% chance of strong winds in next 30 years
0 unhealthy days expected this year, 1 days in 30 years
Sun exposure
In this area, properties receive around 9.7 hours in June and 5.1 hours in December, which is comparable to the U.S. average for solar exposure.
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Nearby similar homes
New listings for sale in 75703
Home values near 717 Rice Rd
| Address | Redfin Estimate |
|---|---|
- Beds | 2 Baths | 2290 Sq. Ft. | $316,451 |
- Beds | 2 Baths | 1891 Sq. Ft. | $292,613 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1762 Sq. Ft. | $292,222 |
- Beds | 3 Baths | 2741 Sq. Ft. | $437,092 |
| Address | Redfin Estimate |
|---|---|
5 Beds | 2 Baths | 2290 Sq. Ft. | $282,984 |
- Beds | 2 Baths | 2361 Sq. Ft. | $341,126 |
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