Listing provided courtesy of Perry Guest Company- MLS# 21307176MLS ProviderContact Information: Harris Arnhart - 314-724-5734

5317 Reiger AvenueDallas, TX 75214

Multi-Family · 15 Beds · 14 Full Baths · 9,387 Sq. ft. | 0.29 Acres
$3,250,000 Active

5317 Reiger Avenue Overview

Visits:
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Introducing The Reiger, a newly constructed, boutique 14-unit multifamily community ideally positioned in one of East Dallas’ most dynamic and walkable neighborhoods—just outside the Junius Heights Historic District. This best-in-class asset combines modern design, efficient unit layouts, and a highly desirable lifestyle location that continues to see strong demand from renters seeking proximity, character, and convenience. The property is minutes from Lower Greenville and the Henderson Avenue corridor, offering a growing mix of dining, retail, and entertainment options. Lakewood is just a short drive or bike ride away, with Whole Foods Market, Mi Cocina, Bowlski’s at the Lakewood Theater, and numerous neighborhood favorites providing daily conveniences and destination experiences alike. Designed as a high-end multifamily offering, The Reiger appeals to today’s renter profile seeking modern finishes, new construction quality, and a prime East Dallas address—positioning the asset for strong leasing performance and long-term value appreciation.

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5317 Reiger Avenue Facts & Features

  • Type Multi-Family
  • Sq. ft. 9,387
  • Price/Sq.ft. $346
  • Lot 0.29 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Dallas ISD
  • Elementary School: Lipscomb
  • Middle Or Junior School: Long
  • High School: Woodrow Wilson

Income/Expenses

  • Net Operating Income: 162500.0

Building Information

  • Year Built: 2025
  • Year Built Details: New Construction - Complete

Location/Region

  • Country: US
  • County Or Parish: Dallas
  • Postal City: DALLAS
  • Subdivision Name: Appel & Harpers City Bl 1493

Community/Development

  • Community Features: Curbs

Tax Information

  • Tax Annual Amount: 49846.0

General Information

  • Listing Terms: Cash,Conventional,1031 Exchange
  • Property Sub Type: Apartment
  • Property Type: Residential Income

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 14
  • Bathrooms Total: 14
  • Bedrooms Total: 15

Building Interior

  • Building Area Source: Owner
  • Building Area Total: 9387.0

General Information

  • Appliances: Dryer,Dishwasher,Electric Range,Refrigerator,Washer
  • Basement: No
  • Flooring: Carpet,Luxury Vinyl Plank
  • Foundation Details: Slab
  • Interior Features: Decorative/Designer Lighting Fixtures,Granite Counters,High Speed Internet,Multiple Staircases,Cable TV
  • Levels: Three Or More

Exterior

Parking Information

  • Parking Features: Common,Concrete,Driveway,On Site,Parking Lot
  • Parking Total: 14.0

Lot Information

  • Lot Size Acres: 0.2938
  • Lot Size Area: 12800.0
  • Lot Size Square Feet: 12800.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: No
  • Construction Materials: Board & Batten Siding
  • Patio And Porch Features: Balcony,Covered
  • Roof: Composition

General Information

  • Covered Spaces: 4.0
  • Exterior Features: Balcony,Dog Run
  • Fencing: Wood
  • Number Of Units Total: 14
  • Pool Features: None
  • Sewer: Public Sewer
  • Utilities: Sewer Available,Water Available,Cable Available

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5317 Reiger Avenue Market Data

Based on the last 30 days in this zip code

$1,470,872
Average List Price
$472
Average Price per Square Foot
29
Properties Sold
69
Average Days on Market
212
Properties for Sale
Calculations provided by Reliance Network


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