LKV Realty
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$1,075,000
$6,000Reward *
3650 Rickshaw Drive, Dallas, TX 75229Listing ID 21346390

3650 Rickshaw Drive, Dallas, TX 75229

Active
Walnut Gardens
Time on site: 15 daysLast updated: 17 hours ago
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Quadruplex
Bedrooms
Bedrooms
12
Bathrooms
Bathrooms
8
Square Feet
Square Feet
6,608
Acres
Acres
0.23
Days on Site
Days on Site
15
Cooling
Cooling
Central Air, Ceiling Fan(s), Electric
Heating
Heating
Central, Electric
Year Built
Year Built
1969
Parking
Parking
Alley Access, Assigned, Carport, Off Street

BACK ON THE MARKET AT NO FAULT OF THE SELLER! $10,000 BUYER CREDIT Inspections available. 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 NW Dallas' most established rental markets. Each townhome-style residence offers approx 1,600 sqft, 3 beds, 2 full baths, spacious living and dining areas, refrigerators incl w abundant storage, oversized walk-in closets, and unique floor plan that has proven attractive. Each unit includes 1 assigned covered and 1 assigned uncovered parking space for a total of 8 assigned spaces. Unit sqft is approx and should be independently verified by Buyer and Buyer's Agent. 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 4 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. Near 35E, 635, Love Field, Downtown Dallas, and 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 Information

Property Details

Location

Address
3650 Rickshaw Drive
County
Dallas
City
Dallas
Zip Code
75229
Subdivision
Walnut Gardens
School District
Dallas ISD
High School
White
Elementary School
Degolyer

Interior Features

Beds and Baths

Bedrooms
12
Full Bathrooms
8

Building

Building Information

Square Feet
6,608
Year Built
1969
Construction
Brick
Foundation
Slab
Roof
Flat

Financial

Special Conditions
Standard

Property Taxes

Tax Annual Amount
$19,647
Russell ThorntonPowerstar Realty, (855) 659-3400

Market Report for 75229

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: North Texas Real Estate Information Systems, Inc.
North Texas Real Estate Information Systems, Inc. logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

For corrections to this data please contact Brytecore MLS Support.

0736689