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$194,000

NAL Estimated Property Value

701 S Dallas Street, Rice, TX, 75155

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths928 Sq Ft
price_per_sqft$177.8 / sqft
Year BuiltBuilt in 1931

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
Garage AvailableGarage Available
AppliancesGas Water Heater
FlooringVinyl

Exterior

Exterior FeaturesStorage
Lot Size8,712 sqft

Building Information

Year Built1931
Stories1
Roof Type114
Garage Spaces2

Land Information

APN42856
Lot Number1-R
SubdivisionRice Ot
Land UseResidential
Legal DescriptionR0700 RICE OT BLK 49 LOT 1-R .2 ACRES
Census Tract970100
Assessed Land Value$21,340
Assessed Improvement Value$133,530
Assessment Year2025

About this property

****THIS WILL MAKE SOMEONE A GREAT STARTER HOME OR A GREAT START UP RENTAL INVESTMENT FOR THEIR PORTFOLIO *** This lovely 2bedroom 1bath room home that's 928 sqft, with a .20 decent lot size, this old house is as cute as a button, it will make a great starter home for some one that loves the Rural Country Life, located minutes away from DFW. This is the prime location if your looking to be away from the Hustle and Bustle but close to it.. This home has been updated with Granite in the kitchen and bathroom , rocker style light switches in all the rooms, ceiling fans in all the rooms with central heat and air and a gas range oven. This is truly and oldie but goodie with room for improvements a nice size back yard. And local laundromat and convenience stores, nearby and quick commute to the City of Ennis, Corsicana and Dallas, TX area.

Investor Tools

Property Icon
$194,000
Estimated Property Value
$0Estimated Mortgage Balance
$194,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,164 /month
Positive
Cash Flow Estimate:
$388 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$222/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,700
$154,870
2025
$21,340
$133,530
$154,870
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,700
$154,870

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$194,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Rice

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