3650 Rickshaw Dr

Dallas, TX 75229

$1,075,000
Price
12
Beds
6,608 Sq. Ft.
$163 / Sq. Ft.
6,608
Sq. Ft.
$163
per Sq. Ft.
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3650 Entry
3650 Living Room
3650 Kitchen
3650 Primary
3650 Bedroom 2
3650 Bedroom 3
3652 Entry
3652 Living Room
3652 Kitchen
3652 Primary
3652 Bedroom 2
3652 Bedroom 3
3654 Entry
3654 Living Room
3654 Kitchen
3654 Primary
3654 Bedroom 2
3654 Bedroom 3
3656 Entry
3656 Living Room
3656 Kitchen
3656 Primary
3656 Bedroom 2
3656 Bedroom 3
3650 and 3656 Floor Plan
3652 Floor Plan
3654 Floor Plan

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...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!
  1. Listed by Russell Thornton • TREC #0736689 • Powerstar Realty • 855-659-3400

Property Details for 3650 Rickshaw Drive

Subdivision Name
Walnut Gardens
Pool
No
Number Of Parking Spaces
8
LISTING UPDATED: 07/31/2026 06:10 PM

Property Details for 3650 Rickshaw Drive

StatusActive
MLS #21346390
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Fourplex
Year Built1969
Lot Size0.23 AC / 10,018 SF
CountyDallas County
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Location

Listing Courtesy of Powerstar Realty, Russell Thornton
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Building Information for 3650 Rickshaw Drive

Stories2Residences4Year Built1969Building Size-Lot Size0.23 AC / 10,018 SF

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$7,101 per month

30 year fixed, 6.55% Interest

Principal and Interest

$5,464

Property Taxes

$1,637

HOA Dues

$0

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Property Information for 3650 Rickshaw Drive

Summary
Location and General Information
  • Block: 96426
  • Complex Name: 3650 Rickshaw Dr
  • Directions: Please use GPS
  • Elementary School: Degolyer
  • Elementary School Name: Degolyer
  • High School: White
  • High School Name: White
  • Middle School: Marsh
  • Year Built Details: Preowned
  • School District: Dallas ISD
  • Geocode Confidence: High
  • Latitude: 32.88
  • Longitude: -96.86
  • State: Texas
Parking
  • Parking Features: Alley Access, Assigned, Carport, Off Street
  • Carport Spaces: 4
  • Attached Garage: No
  • Parking Spaces Covered Total: 4
  • Garage: No
Taxes and HOA Information
  • Tax Legal Description: WALNUT GARDENS BLK 9/6426 LT 6
  • Association Type: None
  • Tax Lot: 6
Virtual Tour
Interior and Exterior Features
Interior Features
  • Fireplace Features: Decorative
  • Fireplaces Total: 4
  • Flooring: Carpet, Ceramic Tile, Luxury Vinyl Plank
  • Heating: Central, Electric
  • 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
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Smart Home Features Appor Pass Y: No
  • Window Features: Window Coverings
Exterior Features
  • Building Area Source: Public Records
  • Construction Materials: Brick
  • Foundation Details: Slab
  • Number Of Stories: 2
  • Roof: Flat
  • Waterfront: No
  • Number Of Units Total: 4
  • Levels: Two
Property
Utilities
  • Utilities: City Sewer, City Water, Electricity Connected, Master Water Meter
Property and Assessments
  • Handicap: No
  • Loan Type: Treat As Clear
  • Property Match: APN
Lot Information
  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Size Units: Acres
  • Lot Size Square Feet: 10018.8
  • Multi Parcel ID: No
  • Parcel Number: 00000586387000000
Multi Family
Multi-Family Information
  • Number Of Buildings: 1
  • Capitalization Rate: 5.41%
  • Gross Annual Expenses: $31,848
  • Gross Annual Income: $89,976
  • Insurance Expense: $5,000
  • Net Operation Income: $58,128.00
Unit 1
  • Approximate SQFT: 1600.0
  • Average Lease Amount: $1,799.00
  • Dining Area Length: 11.0
  • Dining Area Width: 11.0
  • Kitchen Length: 7.0
  • Kitchen Width: 14.0
  • Living Area Length: 18.0
  • Living Area Width: 11.0
  • Master Bed Length: 16.0
  • Master Bed Width: 12.0
  • Number Of Baths Full: 2
  • Number Of Baths Half: 0
  • Unit Type Type: 3 Bedroom
  • Unit Type Units Total: 3650
Unit 2
  • Approximate SQFT: 1600.0
  • Average Lease Amount: $1,875.00
  • Dining Area Length: 10.0
  • Dining Area Width: 9.0
  • Kitchen Length: 7.0
  • Kitchen Width: 14.0
  • Living Area Length: 18.0
  • Living Area Width: 12.0
  • Master Bed Length: 16.0
  • Master Bed Width: 13.0
  • Number Of Baths Full: 2
  • Number Of Baths Half: 0
  • Unit Type Type: 3 Bedroom
  • Unit Type Units Total: 3652
Unit 3
  • Approximate SQFT: 1600.0
  • Average Lease Amount: $1,850.00
  • Dining Area Length: 10.0
  • Dining Area Width: 9.0
  • Kitchen Length: 7.0
  • Kitchen Width: 14.0
  • Living Area Length: 18.0
  • Living Area Width: 12.0
  • Master Bed Length: 16.0
  • Master Bed Width: 13.0
  • Number Of Baths Full: 2
  • Number Of Baths Half: 0
  • Unit Type Type: 3 Bedroom
  • Unit Type Units Total: 3654
Unit 4
  • Approximate SQFT: 1600.0
  • Average Lease Amount: $1,799.00
  • Dining Area Length: 11.0
  • Dining Area Width: 11.0
  • Kitchen Length: 7.0
  • Kitchen Width: 14.0
  • Living Area Length: 18.0
  • Living Area Width: 11.0
  • Master Bed Length: 16.0
  • Master Bed Width: 12.0
  • Number Of Baths Full: 2
  • Number Of Baths Half: 0
  • Unit Type Type: 3 Bedroom
  • Unit Type Units Total: 3656

Property History for 3650 Rickshaw Drive

DateEvent & SourcePriceAppreciation
Jul 31, 2026

Listed (Active)

NTREIS #21346390

$1,075,000—
Nov 17, 2020

Sold

NTREIS #14441955

—
Oct 11, 2020

Pending

NTREIS #14441955

—
DateEvent & SourcePrice
07/31/2026

Listed (Active)

NTREIS #21346390

$1,075,000
11/17/2020

Sold

NTREIS #14441955

—
10/11/2020

Pending

NTREIS #14441955

—

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

Public Records for 3650 Rickshaw Drive

Taxable ValueLand$180,000Additions$702,340Total$882,340
Tax Record2025$19,647 ($1,637 / month)
Home Facts
Baths8Total Finished SqFt6,608 SqFtAbove Grade Finished SqFt6,608 SqFtStories2Lot Size10,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1969Year Renovated1980ZoningZ239CountyDALLASAPN00000586387000000Fireplace TypeHas Fireplace

Schools near 3650 Rickshaw Drive

This home is within Dallas Independent School District.
Rating
School
Type
Grades
Distance
Everette Lee Degolyer Elementary School
Public - PK to 6
Thomas C Marsh Middle School
Public - 7 to 8
W T White High School
Public - 9 to 12
Sudie L Williams Talented and Gifted Academy
Public - 4 to 8
Rating
School
Distance
Everette Lee Degolyer Elementary School
PublicPK to 6

Thomas C Marsh Middle School
Public7 to 8

W T White High School
Public9 to 12

Sudie L Williams Talented and Gifted Academy
Public4 to 8

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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More information about 3650 Rickshaw Drive, Dallas, TX 75229

3650 Rickshaw Drive is a multi-family home for sale in Dallas, TX 75229. This property was listed for sale on July 31, 2026 by Powerstar Realty, it's currently listed at $1,075,000. It has been on the market for a total of 1 days and was last sold on November 17, 2020. 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. 3650 Rickshaw Drive is a 12-bed, 8-bath, 6,608 sqft multi-family home built in 1969.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Powerstar Realty, Russell Thornton

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 and its related brokerages. 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 2026 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 07/31/2026 06:10 PM