5317 Reiger Ave., Dallas, TX 75214 - 14272609 - iPro Real Estate
iPro Real Estate

iPro Real Estate

5317 Reiger Ave.
Dallas, TX 75214

Pending, Multi-Family/Income Sale

For Sale

$749,000 $226.15 per sqft

Free Professional CMA

Listing ID : 14272609

  • Beds

    4
  • Baths

    4/0
  • Structure / Lot Size

    3,312 Sqft / 0.294 Acre
  • Year

    1927

Description

Great location in E Dallas located near Deep Ellum, Baylor Medical, DT, Uptown, Knox Henderson, Lower Greenville, Lakewood & WR Lake. 4 units total. 3,312sf. Property completely remodeled in 2016 including new roof, HVAC, windows, electrical, plumbing, granite ct, appliances, fridge, & full-size WD. All units are identical layout & finishes. Separately metered electric. Water & wifi included in rent. Secured gated parking lot. The property is zoned MF2 and sits on a large 12,800sf lot which could be maximized by adding more units or building new townhomes or apartments. Excellent opportunity for an investor, builder, or developer. Please do NOT disturb tenants.

Details

Type: Multi-Family/Income Sale 
Subdivision: Appel & Harpers 
MLS Area: DALLAS EAST (12)-EAST DALLAS (11) 
County: Dallas 
HOA Name: 5317 Reiger 
Tax ID: 00000156688000000
Annual Taxes: $18,862
School District: Dallas ISD
Building Size: 3,312 SqFt 
Cap Rate: 4.41% 
Days on Market: 90 
Foundation: Pier & Beam 
Heating: Central Air-Elec, Central Heat-Elec 
Interior Features: High Speed Internet Available 
Number of Buildings: 1 
Parking Spaces: 6 
Property Type: Commercial Sale 
Roof: Composition 
Sub Type: MUL-Fourplex 
Utilities: City Sewer, City Water 

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Interactive

32.800205 -96.760529 $749,000 14272609
5317 Reiger Ave., Dallas, TX 75214
Directions to here from:

Area Information 75214

Population:

32,740 Up .03% since 2010
Average Income:
$108,256
Average Age:
38Years
Gender:
46.45%Male
53.55%Female
Households:
15,21924.38% with children
Average Value:
$721,600
Occupancy:
57.16%Owned
42.84%Rented
10.1%Vacant
Education:
12.81%High School
3.55%Associate
37.24%Bachelor
21.4%Graduate
Average Residency:
19Years
Crime Rate:
Above Average
Annual Rainfall:
38.76Inches
Annual Snowfall:
3Inches
Earthquake Risk:
Very Low
Hail Risk:
Very High
Hurricane Risk:
Below Average
Ozone Risk:
Average
Pollution Risk:
Average
Tornado Risk:
Very High
Wind Risk:
Very High

Nearby Schools Dallas ISD

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Tax Assessments

Value

  • Land $204,800
  • Improvements $511,870

  • Total $716,670

Property Tax

  • 2020 $18,630

History

Date Transaction Price Mortgage Amt & Lender
Date
Feb 24, 2021
Transaction
MLS#14272609
Price
-
Mortgage Amt & Lender
- -
Date
Feb 23, 2021
Transaction
MLS#14491671
Price
-
Mortgage Amt & Lender
- -
Date
Jul 09, 2020
Transaction
MLS#14363788
Price
-
Mortgage Amt & Lender
- -
Date
May 18, 2020
Transaction
MLS#14281611
Price
-
Mortgage Amt & Lender
- -
Date
Feb 13, 2020
Transaction
MLS#14263739
Price
-
Mortgage Amt & Lender
- -

Mortgage Calculator

Listed by Ryan Howard with Rogers Healy and Associates

Based on information from the North Texas Real Estate Information Systems, Inc., 5/17/2021.