# 617 Rice Rd, Tyler, TX 75703 > **TL;DR:** commercial, $600,000 ($388/sqft), built 1962, 1,546 sqft. > A/C. Est. $3,209/mo. Listed 115 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $600,000 | | Price/sqft | $388 | | Square Feet | 1,546 | | Year Built | 1962 | | Lot Size | 176,418 sqft (4.05 acres) | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 115 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $3,034 | | Estimated Insurance | $175 | | **Total** | **$3,209** | ## Key Amenities - A/C ## Property Highlights - Built in 1962 - 4.05 acre lot ## Description ### Agent 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 - **Address:** 617 Rice Rd, Tyler, TX 75703 - **County:** Smith - **Coordinates:** 32.295177, -95.308595 - **Google Maps:** https://www.google.com/maps?q=32.295177,-95.308595 ## Listing Agent - **Name:** Jeremy Caruthers - **Brokerage:** Drake Capital, LLC dba Drake Real Estate & Investments - **Phone:** 9036300582 - **Broker Phone:** (903) 581-3737 - **Listing URL:** [View original listing](https://listings.listhub.net/pages/GTARTX/26007312/?channel=propsimple) ## Photos ![617 Rice Rd - Photo 1](http://lh.rdcpix.com/1caa7d77734201c683e599835dba5795l-f1523346986r.jpg) ![617 Rice Rd - Photo 2](http://lh.rdcpix.com/1caa7d77734201c683e599835dba5795l-f3520494068r.jpg) ![617 Rice Rd - Photo 3](http://lh.rdcpix.com/1caa7d77734201c683e599835dba5795l-f2301059635r.jpg) ![617 Rice Rd - Photo 4](http://lh.rdcpix.com/1caa7d77734201c683e599835dba5795l-f3943845653r.jpg) ![617 Rice Rd - Photo 5](http://lh.rdcpix.com/1caa7d77734201c683e599835dba5795l-f1982181319r.jpg) ![617 Rice Rd - Photo 6](http://lh.rdcpix.com/1caa7d77734201c683e599835dba5795l-f3263826167r.jpg) ![617 Rice Rd - Photo 7](http://lh.rdcpix.com/1caa7d77734201c683e599835dba5795l-f472177443r.jpg) ![617 Rice Rd - Photo 8](http://lh.rdcpix.com/1caa7d77734201c683e599835dba5795l-f3332744052r.jpg) ![617 Rice Rd - Photo 9](http://lh.rdcpix.com/1caa7d77734201c683e599835dba5795l-f2968704265r.jpg) ![617 Rice Rd - Photo 10](http://lh.rdcpix.com/1caa7d77734201c683e599835dba5795l-f3490635862r.jpg) ![617 Rice Rd - Photo 11](http://lh.rdcpix.com/1caa7d77734201c683e599835dba5795l-f2208973106r.jpg) ![617 Rice Rd - Photo 12](http://lh.rdcpix.com/1caa7d77734201c683e599835dba5795l-f1637280081r.jpg) ![617 Rice Rd - Photo 13](http://lh.rdcpix.com/1caa7d77734201c683e599835dba5795l-f2678808334r.jpg) ![617 Rice Rd - Photo 14](http://lh.rdcpix.com/1caa7d77734201c683e599835dba5795l-f3946769823r.jpg) ![617 Rice Rd - Photo 15](http://lh.rdcpix.com/1caa7d77734201c683e599835dba5795l-f1745879275r.jpg) --- **MLS#:** 26007312 | **Updated:** 2026-08-20 **Source:** listhub *Copyright © 2026 Greater Tyler Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/617-rice-rd-tyler-tx-75703-26007312) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/617-rice-rd-tyler-tx-75703-26007312#listing", "url": "https://www.propertysimple.ai/listing/617-rice-rd-tyler-tx-75703-26007312", "name": "617 Rice Rd, Tyler, 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. 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