5401 Reiger Avenue, Dallas, TX 75214
Local realty services provided by:ERA Newlin & Company
Listed by: gary foster
Office: briggs freeman sotheby's int'l
MLS#:21060857
Source:GDAR
Price summary
- Price:$650,000
- Price per sq. ft.:$405.49
About this home
5401 Reiger Avenue | .46 Acres of Prime Development Opportunity
In the distinguished tradition of Briggs Freeman Sotheby's International Realty, we present an
extraordinary development canvas that discerning multifamily, townhome and institutional
developers have coveted for years. This exceptional .46-acre parcel represents one of Old East
Dallas's most significant development opportunities—a rare find in a market where premium
land is increasingly scarce.
THE OPPORTUNITY: Strategically positioned outside historic district constraints while being
elegantly bordered by two prestigious historic neighborhoods, this property offers the perfect
balance of development freedom and established community character. The MF-2 zoning
designation opens the door to sophisticated townhome development, allowing visionary
developers to create luxury residences that honor the area's rich heritage while meeting modern
market demands.
LOCATION EXCELLENCE:
• Minutes from the transformative Columbia-Main Street redevelopment corridor
• One of the largest developable parcels remaining in coveted Old East Dallas
• Surrounded by the charm and stability of historic districts without their restrictions
• Prime 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, providing a clean slate for your vision. All existing
improvements are sold in as-is condition, with demolition responsibility transferring to the
purchaser. We encourage all serious developers to conduct thorough due diligence to ensure
alignment with their specific project requirements.
For years, institutional investors and seasoned developers have recognized this property's
exceptional potential. Now, this coveted opportunity is available to the right visionary developer
ready to create something extraordinary in one of Dallas's most desirable emerging corridors.
Time-sensitive opportunity. Prime development land of this caliber in Old East Dallas is
exceptionally rare and moves quickly in today's market. Set up an accompanied tour today....
Contact an agent
Home facts
- Year built:1923
- Subdivision & Development:Appel and Harpers
- Listing ID #:21060857
- Added:319 day(s) ago
- Updated:August 17, 2026 at 08:03 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Living area:1,603 sq. ft.
Heating and cooling
- Cooling:None
Structure and exterior
- Year built:1923
- Building area:1,603 sq. ft.
- Lot area:0.46 Acres
- Lot Features:Interior Lot, Lawn, Level
- Architectural Style:Prairie
- Levels:1 Story
Schools
- High school:Woodrow Wilson
- Middle school:Long
- Elementary school:Lipscomb
Finances and disclosures
- Price:$650,000
- Price per sq. ft.:$405.49
Parking
- Garage:Yes
- Garage spaces:1
New listings near 5401 Reiger Avenue
- New
$2,100,000Active4 beds 5 baths4,467 sq. ft.17410 Dowell Circle, Dallas, TX 75252
MLS# 21354843Listed by: KELLER WILLIAMS REALTY DPR - New
$449,999Active2 beds 3 baths1,508 sq. ft.5065 Gaston Avenue #102, Dallas, TX 75214
MLS# 21361337Listed by: KRYSTAL WOMBLE ELITE REALTORS - New
$105,000Active1 beds 1 baths678 sq. ft.5335 Bent Tree Forest, Dallas, TX 75248
MLS# 21360546Listed by: ATTORNEY BROKER SERVICES - New
$55,000Active0.07 Acres3106 Claibourne Boulevard, Dallas, TX 75212
MLS# 21361296Listed by: AGENCY DALLAS PARK CITIES, LLC - New
$850,000Active3 beds 2 baths1,250 sq. ft.1510 N Carroll Avenue, Dallas, TX 75204
MLS# 21361340Listed by: COMPETITIVE EDGE REALTY LLC - New
$2,600,000Active5 beds 6 baths5,260 sq. ft.6409 Ellsworth Avenue, Dallas, TX 75214
MLS# 21360190Listed by: UNITED REAL ESTATE - New
$295,000Active2 beds 2 baths1,359 sq. ft.6020 E University Boulevard #117, Dallas, TX 75206
MLS# 21352613Listed by: KING REALTY, LLC - New
$825,000Active3 beds 3 baths2,594 sq. ft.7262 Fernmeadow Drive, Dallas, TX 75248
MLS# 21356625Listed by: CHRISTIE'S LONE STAR - New
$229,159Active2 beds 2 baths1,064 sq. ft.380 Ancestry Lane, Dallas, TX 75217
MLS# 21361191Listed by: THOMAS MACATEE, BROKER - New
$625,000Active3 beds 2 baths1,714 sq. ft.2515 Abrams Road, Dallas, TX 75214
MLS# 21361209Listed by: TWIGG REALTY