5401 Reiger Avenue, Dallas, Texas
$699,000
LOADING ..
A RARE DEVELOPMENT JEWEL IN THE HEART OF OLD EAST DALLAS Wide and deep Prime Development Opportunity provides an extraordinary development canvas that discerning multifamily, townhome, and institutional developers can improve. THIS OPPORTUNITY is strategically positioned OUTSIDE of historic district constraints while being bordered by prestigious Junius Heights and Munger Place. 5401 offers a balance of development freedom and community character. Townhomes and apartments are up and down 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 structure. 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.
School District: Dallas ISD
Dallas MLS #: 21060857
Representing the Seller: Listing Agent Gary Foster; Listing Office: Briggs Freeman Sotheby's Int'l
Representing the Buyer: Contact realtor Douglas Newby of Douglas Newby & Associates if you would like to see this property. Call: 214.522.1000 — Text: 214.505.9999
Property Overview
- Listing Price: $699,000
- MLS ID: 21060857
- Status: For Sale
- Days on Market: 25
- Updated: 10/2/2025
- Previous Status: For Sale
- MLS Start Date: 10/1/2025
Property History
- Current Listing: $699,000
Interior
- Number of Rooms: 2
- Full Baths: 1
- Half Baths: 0
- Interior Features:
Cable TV Available
Parking
- Parking Features:
Circular Driveway
Concrete
Driveway
Garage
Location
- County: Dallas
- Directions: Munger, Henderson or Abrahms all turn onto Reiger, then go to 5401. Watch for stop signs and children.
Community
- Home Owners Association: None
School Information
- School District: Dallas ISD
- Elementary School: Lipscomb
- Middle School: Long
- High School: Woodrow Wilson
Heating & Cooling
Utilities
- Utility Description:
All Weather Road
Asphalt
Cable Available
City Sewer
City Water
Curbs
Electricity Available
Individual Gas Meter
Individual Water Meter
Natural Gas Available
Phone Available
Sidewalk
Lot Features
- Lot Size (Acres): 0.46
- Lot Size (Sqft.): 19,968
- Lot Dimensions: 78x256
- Lot Description:
Interior Lot
Level
Lrg. Backyard Grass
- Fencing (Description):
Chain Link
Wood
Financial Considerations
- Price per Sqft.: $436
- Price per Acre: $1,524,869
- For Sale/Rent/Lease: For Sale
Disclosures & Reports
- Legal Description: APPEL & HARPER'S BLK 1493 LT 9 & PT LT 10 CO-
- APN: 00000156700000000
- Block: 1493
If You Have Been Referred or Would Like to Make an Introduction, Please Contact Me and I Will Reply Personally
Douglas Newby represents clients with Dallas estate homes, architect designed homes and modern homes. Call: 214.522.1000 — Text: 214.505.9999
Listing provided courtesy of North Texas Real Estate Information Systems (NTREIS)
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