Dallas, TX 75229 3620 Rickshaw Drive
$1,199,000



23 more
























Presented By: Assal Aldrei with United Real Estate; 214-235-9535
Home Details
This beautifully maintained and upgraded 4-plex (townhouse style) is a true gem for any investor seeking strong income potential in a highly desirable location. Nestled in the serene community of Walnut Gardens, this property offers a rare combination of tranquility and convenience. Just steps from a greenbelt and park, and only minutes to vibrant Downtown Dallas, schools, and endless shopping and dining options.
One of the standout features of this property is the very attractive assumable loan of only $630,000 at an incredible 2.75% interest rate, offering substantial savings and instant equity for savvy buyers. The property is already income-producing with one upgraded unit currently renting at $2,300 month, and recent sales indicate the potential to reach up to $2,600 a month with further upgrades. With three units still left to update, there’s significant upside in both rent and overall property value. Whether you're expanding your portfolio or seeking a low-maintenance income producer, this property stands out with its great location, long-term value, and unbeatable location.
Presented By: Assal Aldrei with United Real Estate; 214-235-9535
Interior Features for 3620 Rickshaw Drive
Bedrooms
Total Bedrooms10
Bathrooms
Half Baths4
Total Baths12
Other Interior Features
Unit Count4
Lock Box TypeNone
FlooringCarpet, Combination, Luxury Vinyl Plank
Interior FeaturesOther
Total Units4
General for 3620 Rickshaw Drive
# of Buildings1
AppliancesDishwasher, Disposal, Dryer, Electric Oven, Electric Range, Refrigerator, Washer
Capitalization Rate5.30
Carport Spaces8
CityDallas
Complex NameWalnut Gardens
Construction MaterialsBrick, Siding
CoolingCentral Air, Electric
CountyDallas
DirectionsUse GPS
Elementary SchoolDegolyer
Elementary School NameDegolyer
Full Baths8
Gross Annual Expenses31188.00
HOA TypeNone
HeatingNatural Gas
High SchoolWhite
Insurance Expense7848
LevelsTwo
Listing TermsAssumable, FHA Assumable
Number of Garage Spaces8
Occupant TypeTenant
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeQuadruplex
Property TypeResidential Income
RoofShingle
School DistrictDallas ISD
Standard StatusActive
StatusActive
Subdivision NameWalnut Gardens
Unexempt Taxes16367
UtilitiesCity Sewer, City Water
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1969
Year Built DetailsPreowned
Exterior for 3620 Rickshaw Drive
Building Area Total6594.00
Foundation Slab
Garage Y/NNo
Lot Size Acres0.2300
Lot Size Area0.2300
Lot Size Square Feet10018.8000
Lot Size UnitsAcres
Number Of Parking Spaces8
Parking FeaturesAdditional Parking
Additional Details
Price History
Schools
Middle School
N/A
Elementary School
Degolyer Elementary School
High School
N/A
