TX
Dallas
Dallas
75229
3650 Rickshaw Drive
3650 Rickshaw Drive, Dallas, TX 75229
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Listing Type
Multi Family
Listing Status
Active Under Contract
34
$1,075,000

Home Details for 3650 Rickshaw Drive

Price
$1,075,000
Type
Residential Income
Bedrooms
12
Total Bathrooms
8
Full Bathrooms
8
Year built
1969
Lot size acres
0.23
County
Dallas
Days on site
45
MLS Listing#
21346390
Property Description

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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Property Features
  • House Interior
    • Eat-in Kitchen
    • Granite Counters
    • Pantry
    • Walk-In Closet(s)
    • High Speed Internet
  • Parking
    • Alley Access
    • Assigned
    • Carport
    • Off Street
  • Cooling Information
    • Ceiling Fan(s)
    • Central Air
    • Electric
  • Heating Information
    • Central
    • Electric
  • Water Features
    • Public
  • Utilities
    • Electricity Connected
  • Fire Place
    • Decorative
School Information
School Information for 3650 Rickshaw Drive, Dallas, TX 75229
Elementary School
Degolyer
Middle School
Marsh
High School
White
Listing Courtesy: Powerstar Realty - 855-659-3400
Presented by: Russell Thornton
Dallas MLS - N.T.R.E.I.S. logoThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
Last Updated: 2026-08-14 15:50:41
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EXIT REALTY ELITE
129 S. Main St. Ste 260, Grapevine, TX 76051
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817 925 5503
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