3650 RICKSHAW DRIVE, DALLAS, TX 75229

Homes for sale in Dallas.

Homes for sale in 75229.


Active

List Price$1,075,000

3650 Rickshaw Drive

Dallas, TX 75229

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21346390

12

Bedrooms

8 full

Bathrooms

6,608

Square Feet

4

Number of Units

Multi-Unit Residential

Type

About This Property

Stable income! Major capital improvements! Desirable floor plans! This fully occupied fourplex delivers the qualities investors value most, combining immediate cash flow with thoughtful ownership and significant recent improvements in one of Northwest Dallas' most established rental markets. Each townhome-style residence offers approx 1,600 square feet, 3 beds, 2 full baths, spacious living and dining areas, refrigerators included, abundant storage, oversized walk-in closets, and a unique floor plan that has proven attractive to long-term tenants. Every unit includes one assigned covered and one assigned uncovered parking space for a total of eight assigned spaces. Unit sq ft is approx and should be independently verified by Buyer and Buyer's Agent. The current owner has consistently invested in preserving and improving the property, completing a foundation repair for Unit 3650 in 2023, a complete sewer line replacement in 2024, fresh interior and exterior paint, professionally updated landscaping, exterior improvements, and ongoing preventative maintenance. These completed improvements help reduce future capital expenditures while protecting the property's long-term performance. All four units are leased through 2027, providing stable occupancy and predictable rental income. Property generates an additional $175 per month in water, sewer and trash reimbursement income. Income, expenses, lease information, and current rental rates available in MLS reflect the property's actual operating performance. Conveniently located near I-35E, I-635, Love Field Airport, Downtown Dallas, and the Medical District, the property offers convenient access to major retail, dining, and everyday amenities that continue to support strong tenant demand. For investors seeking an asset with established income, desirable tenant amenities, documented capital improvements, and a history of attentive ownership, this property offers an exceptional foundation for long-term portfolio growth!

Property Features

Location Information

County

Dallas

Subdivision

Walnut Gardens

Interior Features

Interior

Eat-in Kitchen, Granite Counters, High Speed Internet, Multiple Master Suites, Pantry, Walk-In Closet(s)

Cooling

Central Air, Ceiling Fan(s), Electric

Full Baths

8

Floors

Carpet, Ceramic Tile, Luxury Vinyl Plank

Has Fireplace

Yes

Appliances

Dishwasher, Electric Cooktop, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator

Number of Fireplaces

4

Total Number of Units

4

Heating

Central, Electric

Exterior Features

Stories

2

Pool Description

None

Construction

Brick

Lot Size in Acres

0.23

Foundation

Slab

Lot Size in Sq. Ft.

10,018

Roof

Flat

Buildings

1

Utilities

Electricity Connected, Sewer Available, Water Available

Building Total Area (Sq. Ft.)

6,608

Parking Description

Alley Access, Assigned, Carport, Off Street

Is One Story

No

Garage Spaces

4

Windows Description

Window Coverings

School

Elementary School District

Dallas ISD

Jr. High School

Marsh

Elementary School

Degolyer

High School

White

Additional Information

Year Built Details

Preowned

Status

Active

Property Type

RI

Has a Home Owners Association

No

Property SubType

Quadruplex

Tax Annual Amount

19647.0

Year Built

1969

Similar Listings

Mortgage Calculator

$5,018

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$3,873

Monthly Tax

$895

Monthly Insurance

$250

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

Real Estate IDX Powered by iHomefinder