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$ 600,000
Est. payment | /mo
1,546 SqFt
$ 600,000
Est. payment | /mo
1,546 SqFt
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Square Footage 1,546 sqft
Price per Sqft $388
Subdivision Tx
MLS Listing ID 26007312
Lot Size 4.050 Acres
Acres 4.05
Lot Dimensions 4.05 ac
Property Sub-Type Land
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
Area Smith
Zoning Single Family
Interior
Cooling Central Electric
Exterior
View Y/N No
Building
Sewer Public Sewer
Listed by Jeremy Caruthers • Drake Real Estate & Investments
Nearby Locations
Top 1% Real Estate Team in Texas
Over $2 Billion in Total Sales