617 Rice RdTyler, TX 75703

Description

PRIME IN-FILL DEVELOPMENT OPPORTUNITY IN SOUTH TYLER – DUAL STREET ACCESS Rare opportunity to acquire ±4.05 acres of prime real estate in the heart of the highly coveted 75703 zip code. This strategic assembly of 617 Rice Rd and 5013 Richmond Rd offers a unique "through-tract" configuration with dual frontage, providing unrivaled accessibility and design flexibility for developers and builders. Development Highlights: Dual Access: Direct frontage on both Rice Road and Richmond Road, allowing for high-visibility entry points or private, gated cul-de-sac configurations. Utility Advantage: Significant cost-savings with established city water and sewer connections already on-site (617 Rice Rd). This "utility-ready" status significantly reduces horizontal development timelines and impact fees. Topography & Setting: Level, high-and-dry terrain characterized by mature trees, offering a ready-made "luxury estate" canopy for a high-end pocket neighborhood or a multi-home enclave. Strategic Location: Ideally positioned near the intersection of Broadway and Rice Rd, with immediate proximity to Tyler’s premier retail, dining, and medical corridors. The existing structure at 617 Rice Rd is being sold "as-is," providing either a renovation project or a clear path for a tear-down to maximize the lot yield. Whether you are looking to build a signature private family compound or a multi-lot luxury residential development, this property represents one of the last remaining large-acreage opportunities in the Idlewilde/Forestwood vicinity. Investment Grade: Priced for the discerning developer looking to capitalize on South Tyler’s sustained demand for premium in-fill housing.

Property Information

Property type

Commercial Sale

Sub-type

Unimproved Land

Structure type

Office / Warehouse

Year built

1962

Living area

1,546 Sq Ft

Lot size

4.05 acres

Lot dimensions

4.05 ac

Days on market

144

MLS^® Listing#

26007312

Property Features

Cooling

Central Air · Electric

Lot features

City Lot

Construction

Brick · Metal Siding

Utilities

Electricity Available

Sewer

Public Sewer

Water source

Public

Financial Details

Annual taxes

$2,816Tax year 2026

Directions

From the intersection of S Broadway and Rice Rd. Head west on Rice Rd. Property will be on the right in approx. 0.4 miles, just after Richmond Rd.