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3650 Rickshaw Drive
Dallas TX 75229 US

$1,075,000

Active Under Contract Listing ID 21346390
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12 bed
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8.00 Bath (8 Full)
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Lot: 0.23 Acres
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Quadruplex

$1,075,000

Active Under Contract Listing ID 21346390
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3650 Rickshaw Drive 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

  • Facts
  • Lot Size: 0.23 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Quadruplex
  • Features
  • Full Bathrooms: 8
  • Cooling System: Electric, Ceiling Fan(s), Central Air
  • Floor Covering: Tile, Carpet, Vinyl
  • Roof Type: Flat
  • Heating Fuels: Electric (Heating), Central
  • Additional Features
  • Fireplace

School Information

  • School
  • Degolyer(Elementary)
  • Marsh(MiddleSchool)
  • White(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Quadruplex
  • listprice: 1075000
  • unparsedaddress: 3650 Rickshaw Drive
  • postalcity: Dallas
  • stateorprovince: TX
  • country: US
  • postalcode: 75229
  • bathroomsfull: 8
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.23
  • lotsizeunits: Acres
  • lotsizearea: 0.23
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 32.881087
  • longitude: -96.858914
  • listagentfullname: Russell Thornton
  • listagentemail: rusty@keymgmttx.com
  • listagentkey: 3yd-NTREIS-0736689
  • listagentmlsid: 0736689
  • listagentpreferredphone: (800) 952-8988
  • listofficekey: 3yd-NTREIS-HFNT01
  • listofficemlsid: HFNT01
  • disclaimer: Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: NTREIS
  • yearbuilt: 1969
  • countyorparish: Dallas
  • parcelnumber: 00000586387000000
  • elementaryschool: Degolyer
  • highschool: White
  • elementaryschooldistrict: Dallas ISD
  • middleorjuniorschooldistrict: Dallas ISD
  • highschooldistrict: Dallas ISD
  • appliances: Dishwasher, ElectricCooktop, ElectricRange, ElectricWaterHeater, Disposal, IceMaker, Microwave, Refrigerator
  • cooling: Electric, Ceiling Fan(s), Central Air
  • constructionmaterials: Brick
  • flooring: Tile, Carpet, Vinyl
  • heating: Electric (Heating), Central
  • numberofunitstotal: 4
  • fireplaceyn: True
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 8
  • parkingfeatures: Off Street, Alley, Assigned, Carport
  • roof: Flat
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: EatInKitchen, GraniteCounters, HighSpeedInternet, MultipleMasterSuites, Pantry, WalkInClosets
  • rooms: Bathroom 5, Bathroom 1, Bedroom 9, Bathroom 7, Bedroom 12, Bedroom 8, Bedroom 5, Bedroom 1, Bathroom 6, Bathroom 3, Bedroom 4, Bedroom 3, Bedroom 7, Bedroom 10, Bathroom 4, Bathroom 8, Bedroom 11, Bedroom 2, Bedroom 6, Bathroom 2
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -96.85892, 32.88109
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Powerstar Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"rusty@keymgmttx.com", "ListBrokerageCity":"Keller", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Powerstar Realty", "ListBrokeragePhone":"(800) 952-8988", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"Po Box 1775", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":" ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"HFNT01", "ListOfficeCity":"Keller", "ListOfficeCountry":"US", "ListOfficeEmail":"hfuentes@pwrstar.com", "ListOfficePostalCode":null, "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Dallas, TX", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/3650-Rickshaw-Dr_Dallas_TX_75229_M93500-42815?f=listhub&s=NTREIS&m=21346390&c=rexren", "MLSModificationTimestamp":"2026-08-03 22:24:28", "Neighborhoods":[{"Description":null, "Name":"Walnut Gardens"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":19647, "TaxDescription":"WALNUT GARDENS BLK 9/6426 LT 6", "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 8/3/2026 10:43:01 PM GMT
Source Updated Date: 8/12/2026 12:56:16 AM GMT

Courtesy of: Russell Thornton, Powerstar Realty, rusty@keymgmttx.com

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.