5401 REIGER AVENUE, DALLAS, TX 75214
Homes for sale in Dallas.
Homes for sale in 75214.
5401 Reiger Avenue
Dallas, TX 75214
List Price$650,000
Listing #21137303
About This Property
A RARE DEVELOPMENT JEWEL IN THE HEART OF OLD EAST DALLAS. This buildable, Wide, and Deep Prime Development Opportunity provides an extraordinary canvas for discerning multifamily, townhome, and institutional developers to build on. THIS OPPORTUNITY is strategically positioned OUTSIDE historic district constraints, yet bordered by prestigious Junius Heights and Munger Place. 5401 offers a balance of development freedom and community character. Townhomes and apartments line this street. Visionary developers can create luxury residences that honor the area's rich heritage while meeting modern market demands. LOCATION EXCELLENCE, only minutes from the transformative Columbia-Main Street redevelopment corridor. This is one of the largest developable parcels remaining in the coveted Old East Dallas area, surrounded by the charm and stability of historic districts without their restrictions. Residents will have quick access to Dallas's most sought-after urban amenities. DEVELOPMENT SPECIFICATIONS. The property currently features a 1,603 square foot residence and a detached garage. Once these are razed, the land will provide a clean slate for your vision. Capable developers can have this coveted opportunity. The right visionary developer will create something extraordinary in one of Dallas's most desirable emerging corridors. Prime development land of this caliber in Old East Dallas is scarce and moves quickly in today's market. Set up an accompanied tour today. All existing improvements are sold in as-is condition, with demolition performed by the purchaser.
Property Features
Location Information
County
Dallas
Subdivision
Appel and Harpers
Interior Features
Has Fireplace
No
Cooling
None, Wall/Window Unit(s)
Heating
Floor Furnace
Exterior Features
Exterior
Dog Run
Lot Dimensions
78x256
Water / Sewer
Cable Available, Electricity Available, Natural Gas Available, Overhead Utilities, Phone Available, Sewer Available, Separate Meters, W
Current Use
Residential, Single Family, See Remarks, Vacant
Utilities
Cable Available, Electricity Available, Natural Gas Available, Overhead Utilities, Phone Available, Sewer Available, Separate Meters, W
Possible Best Use
Development, Investment, Mu
Fencing
Back Yard, Chain Link, Fenced, Gate, Wood
Zoning
Verify with the City of Dallas. Oak Lawn Planned D
Other Structures
Kennel/Dog Run, Garage(s), Residence
Development Status
Other, Zoned
Lot Description
Back Yard, Hardwood Trees, Interior Lot, Irregular Lot, Lawn, Landscaped, Level, Other, Many Trees, City Lot
Road Description
City Street, Easement, All Weather Road, Asphalt
Lot Size in Acres
0.458
Is One Story
No
Lot Size in Sq. Ft.
19,968
Lot Description
Back Yard, Hardwood Trees, Interior Lot, Irregular Lot, Lawn, Landscaped, Level, Other, Many Trees, City Lot
School
Elementary School District
Dallas ISD
Jr. High School
Long
Elementary School
Lipscomb
High School
Woodrow Wilson
Additional Information
Property Type
LL
Exclusions
Personal property that is inside the structures on the property.
Property SubType
Improved Land
Community Features
Curbs, Storm Drain(s), Sidewalks
Year Built
1923
Documents Available
Other, Aerial
Status
Active
Lot Acres Source
Public Records
Has a Home Owners Association
No
Similar Listings
Mortgage Calculator
$3,034
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$2,342
Monthly Tax
$541
Monthly Insurance
$151
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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