3650 Rickshaw Drive, Dallas, TX 75229
Local realty services provided by:ERA Empower
Listed by: russell thornton
Office: powerstar realty
MLS#:21346390
Source:GDAR
Price summary
- Price:$1,075,000
- Price per sq. ft.:$162.68
About this home
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!...
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Home facts
- Year built:1969
- Subdivision & Development:Walnut Gardens
- Listing ID #:21346390
- Added:2 day(s) ago
- Updated:August 03, 2026 at 11:57 AM
Rooms and interior
- Bedrooms:12
- Total bathrooms:8
- Full bathrooms:8
- Flooring:Carpet, Ceramic Tile, Luxury Vinyl Plank
- Kitchen Description:Dishwasher, Disposal, Electric Cooktop, Electric Range, Ice Maker, Microwave, Refrigerator
- Living area:6,608 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Central Air, Electric
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Year built:1969
- Building area:6,608 sq. ft.
- Lot area:0.23 Acres
- Construction Materials:Brick
- Foundation Description:Slab
- Levels:2 Story
Schools
- High school:White
- Middle school:Marsh
- Elementary school:Degolyer
Finances and disclosures
- Price:$1,075,000
- Price per sq. ft.:$162.68
- Tax amount:$19,647
Features and amenities
- Appliances:Dishwasher, Disposal, Electric Cooktop, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator
- Amenities:Window Coverings
Parking
- Total parking spaces:8
- Carport spaces:4
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