Pros
The flexibility and location are great, the campus is beautiful. Many of the people you work with will be beyond brilliant and interesting. As a well funded university, there are lots of resources, infrastructure and more than you have access to as an employee.
Kontras
A colleague groped me and I reported it immediately according to procedure. Nothing really happened, no mediation, the official "no contact order" document was only provided months after the initial report took place, and many more months after that, a generic half-training was finally held for the colleague's School (I'm not sure how effective "don't grope your coworkers" is when tacked on to the end of a Dean's Office meeting). The concerning thing is the individual still manages several social media accounts for Rice Engineering--direct, unsupervised access to Rice students and future Rice students? No professional oversight for each account's DMs? Sounds like a predator's dream. The colleague would not otherwise come into contact with these students were they not in their position, and by the time I reported them, they had already been overly aggressive to other female colleagues and made them feel uncomfortable in a variety of other situations. What is it actually going to take for Rice to care? I'm not sure, but a history of unprofessional behavior and nonconsensual sexual touching weren't it. Also, parking is terrible. Depending on which campus building you'll be working in on-site, parking can come out to $1000+ a year so consider that in your offer.