$230,000
- 3 Beds
- 2 Baths
- 1,248 Sq Ft
7554 Rice Ln, Dallas, TX 75241
Charles Honeycutt Seeto Realty
Frequently Asked Questions Why Live in Wisdom Terrace
Is Wisdom Terrace a good place to live?
Wisdom Terrace is a good place to live. Wisdom Terrace is considered very car-dependent and somewhat bikeable with some transit options. Wisdom Terrace has 1 park for recreational activities. It has a median age of 33. The average household income is $43,818 which is below the national average. College graduates make up 18.9% of residents. A majority of residents in Wisdom Terrace are home owners, with 41.6% of residents renting and 58.4% of residents owning their home. A local real estate agent serving Wisdom Terrace can help you decide if this neighborhood is the right one for you. Learn more on our Wisdom Terrace neighborhood guide.
Is Wisdom Terrace, TX a safe neighborhood?
Wisdom Terrace, TX is less safe than the average neighborhood in the United States. It received a crime score of 5 out of 10.
How much do you need to make to afford a house in Wisdom Terrace?
The median home price in Wisdom Terrace is $387,500. If you put a 20% down payment of $77,500 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,010 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $86K a year to afford the median home price in Wisdom Terrace. The average household income in Wisdom Terrace is $44K.
What are the best public schools in Wisdom Terrace?
The best public schools that serve Wisdom Terrace are:
- Thomas L Marsalis Elementary School has a B- Niche grade and a student teacher ratio of 15:1.
- South Oak Cliff High School has a C+ Niche grade, a student teacher ratio of 16:1 and an average review score of 3.7.
- Boude Storey Middle School has a C Niche grade and a student teacher ratio of 13:1.
What are the most popular zip codes in Wisdom Terrace, Dallas, TX?
What are the most popular neighborhoods near Wisdom Terrace, Dallas, TX?
The most popular neighborhoods near Wisdom Terrace, Dallas, TX are Wheatland Meadows, Singing Hills, Oakland Hills, Polk Terrace and Beckley Heights.
Are home prices dropping in Wisdom Terrace?
Yes, home prices in Wisdom Terrace are down 85% in the last 12 months.
