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3650 Rickshaw Drive

Dallas, Texas 75229
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Bed 12

Bed

Bath 8

Bath

Acres0.23

Acre(Lot)

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!

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,075,000

AD Id : 88877420

MLS Id : 569463265

Beds : 12

Lot Size : 0.23 Acre

Year Built : 1969

County : Dallas

Subdivision: Walnut Gardens

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 12 Window Features: Window Coverings

    Bathroom Information

    Total Baths: 8 Full Baths: 8 Half Baths: 0
  • Interior Features

    Eat-in Kitchen,Granite Counters,High Speed Internet Available,Pantry,Walk-In Closet(s),Second Primary Bedroom

    Appliances

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

    Utilities

    City Sewer,City Water,Electricity Connected,Master Water Meter
  • Cooling Features

    Ceiling Fan(s),Central Air,Electric

    Heating Source

    Central,Electric

    Fireplace

    Number of Fireplaces: 4 Fireplace Features: Decorative

  • Building Information

    Built Year: 1969 Building Area Total: 6,608 Construction: Brick Roof Type: Flat
  • Foundation

    Slab
  • Construction Materials

    Brick

  • Lot Information

    Lot Size (Acr): 0.2300 Lot Size Units: Acres Lot Size Square Feet: 10,019
  • Property Information

    Property Type: Residential Income Property Sub Type: Quadruplex Subdivision: Walnut Gardens City: Dallas State: Texas Directions: Please use GPS Property Status: Active Levels: Two Property Age: 57 Year Built Details: Preowned

  • Listing Price Information

    Original List Price: $1,075,000
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: 00000586387000000 Tax Block: 96426 Tax Legal Description: WALNUT GARDENS BLK 9/6426 LT 6 Tax Lot: 6 Unexempt Taxes: $19,647

  • Parking Information

    Carport Spaces: 4 Parking: 8 Parking Features: Alley Access,Assigned,Carport,Off Street
  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Degolyer Middle School: Marsh High School: White School District: Dallas ISD
  • Utility Information

    Utilities: City Sewer,City Water,Electricity Connected,Master Water Meter
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3609 Stables, Dallas, TX, 75229 $550,000 4 4 --
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 08/16/2026 @ 21:28

MLS: 569463265 LISTED BY: Russell Thornton, Powerstar Realty 800-257-1242 SOURCE: NTREIS - North Texas Real Estate Information

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