3619 Rickshaw Dr

$1,100,000
Price
12
Beds
6,668 Sq. Ft.
$165 / Sq. Ft.
6,668
Sq. Ft.
$165
per Sq. Ft.

Description

Outstanding opportunity to own a well-maintained, income-producing 4-unit property in Northwest Dallas. Each spacious townhome-style unit offers approx. 1,667 sq ft with 3 bedrooms, 2 full baths, 1 half bath, generous living and dining areas, and large walk-in closets in the primary suites. Private fenced patios extend the living space and enhance tenant appeal. The property provides 8 total parking spaces—4 covered and 4 uncovered—with each unit enjoying one covered and one uncovered space (unassigned)....Outstanding opportunity to own a well-maintained, income-producing 4-unit property in Northwest Dallas. Each spacious townhome-style unit offers approx. 1,667 sq ft with 3 bedrooms, 2 full baths, 1 half bath, generous living and dining areas, and large walk-in closets in the primary suites. Private fenced patios extend the living space and enhance tenant appeal. The property provides 8 total parking spaces—4 covered and 4 uncovered—with each unit enjoying one covered and one uncovered space (unassigned). All appliances are owned by the seller and convey, offering a turnkey advantage for investors. Significant improvements were completed between 2019 and 2020, including newer siding, windows, and roof, along with HVAC compressors. Kitchens and bathrooms in units 3619 and 3625 were fully updated, adding immediate rental appeal and long-term value. Four long-term tenants are in place, with current leases renewed through 2026 and 2027, providing stable cash flow. Tenants pay their own utilities except for water, sewer, and trash. Priced at $1,100,000 with a 5.5% cap rate, this asset presents strong performance and solid upside in one of Dallas’s high-demand rental corridors. Conveniently located near the DART Green Line at Walnut Hill-Denton Station and close to 635, I-35E, Northwest Hwy, and Love Field, the property attracts renters seeking easy access across the metroplex. A rare opportunity to acquire a well-positioned, updated multifamily asset with dependable income and excellent proximity to major transportation, employment hubs, and retail. Income, expenses and lease rates posted in mls are the actual numbers for this property. For more interior images, reference lease listings at MLS numbers: 13964823,14374443, and 14374435
  1. Listed by Robyn Flessner Price • TREC #0626881 • Christies Lone Star

Property Details for 3619 Rickshaw Drive

Subdivision Name
Walnut Gardens
Pool
No
Number Of Parking Spaces
8
LISTING UPDATED: 12/18/2025 11:48 AM

Property Details for 3619 Rickshaw Drive

StatusActive
MLS #21124389
Days on Market17
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fourplex
Year Built1959
Lot Size0.21 AC / 9,104 SF
CountyDallas County

Location

Listing Courtesy of Christies Lone Star, Robyn Flessner Price
Add your commute

Building Information for 3619 Rickshaw Drive

Stories2Residences4Year Built1959Building Size-Lot Size0.21 AC / 9,104 SF

Payment Calculator

$6,860 per month

30 year fixed, 6.28% Interest

Principal and Interest

$5,435

Property Taxes

$1,425

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3619 Rickshaw Drive

Summary
Location and General Information
  • Block: 86426
  • Complex Name: 3619 - 3625 Rickshaw
  • Directions: From Walnut Hill Lane, turn north onto Bowman Blvd and right onto Rickshaw. Property will be on your left. No sign in yard.
  • Elementary School: Degolyer
  • Elementary School Name: Degolyer
  • High School: White
  • High School Name: White
  • Middle School: Marsh
  • Senior Community Yes/No: No
  • Year Built Details: Preowned
  • School District: Dallas ISD
  • Geocode Confidence: High
  • Latitude: 32.88
  • Longitude: -96.86
  • State: Texas
Parking
  • Parking Features: Detached Carport, On Street
  • Carport Spaces: 4
Taxes and HOA Information
  • Tax Legal Description: WALNUT GARDENS BLK 8/6426 LOT 14 RICKSHAW DR
  • Association Type: None
  • Tax Lot: 14
Virtual Tour
Interior and Exterior Features
Interior Features
  • Flooring: Carpet, Tile, Varies
  • Heating: Central
  • Interior Features: Walk-In Closet(s)
  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Cooling: Central Air
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Public Records
  • Construction Materials: Brick, Siding
  • Foundation Details: Slab
  • Number Of Stories: 2
  • Roof: Asphalt, Shingle
  • Waterfront: No
  • Number Of Units Total: 4
  • Levels: Two
Property
Utilities
  • Utilities: Alley, City Sewer, City Water
Property and Assessments
  • Accessory Unit: No
  • Financing Proposed: Cash, Conventional
  • Handicap: No
  • Loan Type: Treat As Clear
  • Property Match: APN
Lot Information
  • Lot Size Acres: 0.209
  • Lot Size Area: 0.209
  • Lot Size Units: Acres
  • Lot Size Square Feet: 9104.04
  • Multi Parcel ID: No
  • Parcel Number: 00000586366000000
Multi Family
Multi-Family Information
  • Number Of Buildings: 1
  • Capitalization Rate: 5.52%
  • Gross Annual Expenses: $22,752
  • Gross Annual Income: $88,800
  • Insurance Expense: $5,340
  • Net Operation Income: $60,707.00
Unit 1
  • Approximate SQFT: 1667.0
  • Average Lease Amount: $1,900.00
  • Living Area Length: 18.0
  • Living Area Width: 15.0
  • Unit Type Type: 3 Bedroom
  • Unit Type Units Total: 1
Unit 2
  • Approximate SQFT: 1667.0
  • Average Lease Amount: $1,900.00
  • Living Area Length: 18.0
  • Living Area Width: 15.0
  • Unit Type Type: 3 Bedroom
  • Unit Type Units Total: 1
Unit 3
  • Approximate SQFT: 1667.0
  • Average Lease Amount: $1,850.00
  • Living Area Length: 18.0
  • Living Area Width: 12.0
  • Unit Type Type: 3 Bedroom
  • Unit Type Units Total: 1
Unit 4
  • Approximate SQFT: 1667.0
  • Average Lease Amount: $1,750.00
  • Living Area Length: 18.0
  • Living Area Width: 12.0
  • Unit Type Type: 3 Bedroom
  • Unit Type Units Total: 1

Property History for 3619 Rickshaw Drive

DateEvent & SourcePriceAppreciation
Dec 8, 2025

Listed (Active)

NTREIS #21124389

$1,100,000—
Sep 20, 2006

Sold

NTREIS #10598213

—
Sep 5, 2006

Pending

NTREIS #10598213

—
Aug 8, 2006

Listed (Active)

NTREIS #10598213

$345,000—
DateEvent & SourcePrice
12/08/2025

Listed (Active)

NTREIS #21124389

$1,100,000
09/20/2006

Sold

NTREIS #10598213

—
09/05/2006

Pending

NTREIS #10598213

—
08/08/2006

Listed (Active)

NTREIS #10598213

$345,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3619 Rickshaw Drive

Taxable ValueLand$180,000Additions$585,000Total$765,000
Tax Record2024$17,098 ($1,425 / month)
Home Facts
Baths9Total Finished SqFt6,668 SqFtAbove Grade Finished SqFt6,668 SqFtStories2Lot Size9,120 SqFtStyleMulti-Family Res (5+ Units)Year Built1959ZoningZ239CountyDALLASAPN00000586366000000Fireplace TypeHas Fireplace

Schools near 3619 Rickshaw Drive

This home is within Dallas Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Everette Lee Degolyer Elementary School
PublicPK to 5

Thomas C Marsh Middle School
Public6 to 8

W T White High School
Public9 to 12

Sudie L Williams Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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3619 Rickshaw Drive is a multi-family home for sale in Dallas, TX 75229. This property was listed for sale on December 8, 2025 by Christies Lone Star, it's currently listed at $1,100,000. It has been on the market for a total of 17 days and was last sold on September 20, 2006. This listing's school district is Dallas Independent School District. Nearby schools include Everette Lee Degolyer Elementary School, Thomas C Marsh Middle School and W T White High School. 3619 Rickshaw Drive is a 12-bed, 12-bath, 6,668 sqft multi-family home built in 1959.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Christies Lone Star, Robyn Flessner Price

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2025 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 12/18/2025 11:48 AM