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$600,000
Est. payment /mo
1,546 SqFt
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Square Footage 1,546 sqft
Price per Sqft $388
MLS Listing ID 26007312
Construction Status Pre-owned
Year Built 1962
Annual Tax Amount $2,815
Tax Year 2026
Lot Size 4.050 Acres
Acres 4.05
Property Sub-Type Land
Source Greater Tyler Association of REALTORS
Property 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.
Location
State TX
County Smith
Interior
Cooling Central Electric
Furnishings Pre-owned
Exterior
Utilities Available Electric On Site
Road Frontage City Street
Building
Lot Description Inside City Limits
Sewer Public Sewer
Water Public
Construction Status Pre-owned
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Listed by Jeremy Caruthers Drake Real Estate & Investments
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