617 RICE RD, TYLER, TX 75703
Homes for sale in Tyler.
Homes for sale in 75703.
List Price$600,000
617 Rice Rd
Tyler, TX 75703
Listing #26007312
1,546
Square Feet
Commercial
Type
About This Property
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 Features
Location Information
County
Smith
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.
Interior Features
Cooling
Central Electric
Exterior Features
Construction
Brick Veneer, Metal
Zoning
Single Family
Septic or Sewer
Public Sewer
Improvements
Miscellaneous Building(s)
Water
Public
Road Access Type
City/Town Road
Electric
Electric On Site
Has Waterfront
No
Lot Size in Acres
4.05
Additional Information
Building Description
Office Building(s), Warehouse, Other/See Remarks
Year Built
1962
Property Type
COM
Status
Active
Property SubType
Land
Square Feet Source
SCAD
Similar Listings
Mortgage Calculator
$2,802
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$2,162
Monthly Tax
$500
Monthly Insurance
$140
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Listing Courtesy of Jeremy Caruthers, Drake Real Estate & Investments

© 2026 Greater Tyler Association of REALTORS®. All rights reserved.
© 2026 Greater Tyler Association of REALTORS®. All rights reserved.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers? personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect Participants and/or the MLS from liability.
GTAR data last updated at May 29, 2026, 6:33 PM CT
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