3619 Rickshaw Drive, Dallas, TX 75229
Local realty services provided by:Better Homes and Gardens Real Estate The Bell Group
Listed by: robyn flessner price
Office: christies lone star
MLS#:21124389
Source:GDAR
Price summary
- Price:$1,100,000
- Price per sq. ft.:$164.97
About this home
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.
For more interior images, reference lease listings at MLS numbers: 13964823,14374443, and 14374435
Contact an agent
Home facts
- Year built:1959
- Listing ID #:21124389
- Added:4 day(s) ago
- Updated:December 13, 2025 at 12:54 PM
Rooms and interior
- Bedrooms:12
- Total bathrooms:12
- Full bathrooms:8
- Half bathrooms:4
- Living area:6,668 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Year built:1959
- Building area:6,668 sq. ft.
- Lot area:0.21 Acres
Schools
- High school:White
- Middle school:Marsh
- Elementary school:Degolyer
Finances and disclosures
- Price:$1,100,000
- Price per sq. ft.:$164.97
- Tax amount:$17,098
New listings near 3619 Rickshaw Drive
- New
$345,000Active4 beds 2 baths1,876 sq. ft.2142 Edd Road, Dallas, TX 75253
MLS# 21111141Listed by: ULTIMA REAL ESTATE - New
$319,000Active3 beds 2 baths1,525 sq. ft.2730 Larkspur Lane, Dallas, TX 75233
MLS# 21128460Listed by: ALLIE BETH ALLMAN & ASSOC. - New
$249,999Active3 beds 2 baths1,216 sq. ft.4728 Meadow Ridge Drive, Dallas, TX 75236
MLS# 21131640Listed by: DAVID GRIFFIN & COMPANY - Open Sun, 1:30 to 3pmNew
$875,000Active3 beds 2 baths1,776 sq. ft.6611 Blessing Drive, Dallas, TX 75214
MLS# 21131944Listed by: COLDWELL BANKER REALTY - New
$1,150,000Active4 beds 4 baths2,792 sq. ft.4156 Courtshire Drive, Dallas, TX 75229
MLS# 21112461Listed by: COMPASS RE TEXAS, LLC. - New
$1,125,000Active4 beds 4 baths3,014 sq. ft.9258 Cliffmere Drive, Dallas, TX 75238
MLS# 21117034Listed by: COMPASS RE TEXAS, LLC. - New
$59,900Active1 beds 1 baths623 sq. ft.6050 Melody Lane #242, Dallas, TX 75231
MLS# 21131373Listed by: APOLLO REALTY - Open Sat, 2 to 4pmNew
$235,000Active3 beds 2 baths1,172 sq. ft.2510 Childs Street, Dallas, TX 75203
MLS# 21110437Listed by: KELLER WILLIAMS URBAN DALLAS - New
$375,000Active4 beds 2 baths2,197 sq. ft.7106 Casablanca Court, Dallas, TX 75248
MLS# 21131943Listed by: CENTURY 21 JUDGE FITE CO. - Open Sun, 1 to 3pmNew
$365,000Active2 beds 3 baths1,344 sq. ft.4006 Holland Avenue #B, Dallas, TX 75219
MLS# 21131948Listed by: COMPASS RE TEXAS, LLC.