5401 Reiger Avenue, Dallas, TX 75214
Local realty services provided by:ERA Empower
Listed by: gary foster214-763-5294
Office: briggs freeman sotheby's int'l
MLS#:21137303
Source:GDAR
Price summary
- Price:$650,000
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
- Listing ID #:21137303
- Added:92 day(s) ago
- Updated:March 25, 2026 at 11:43 AM
Heating and cooling
- Cooling:None, Wall Window Units
- Heating:Floor Furnace
Structure and exterior
- Year built:1923
- Lot area:0.46 Acres
- Lot Features:City Lot, Hardwood Trees, Interior Lot, Irregular Lot, Landscaped, Lawn, Level, Many Trees
Schools
- High school:Woodrow Wilson
- Middle school:Long
- Elementary school:Lipscomb
Finances and disclosures
- Price:$650,000
New listings near 5401 Reiger Avenue
- New
$469,999Active4 beds 2 baths2,178 sq. ft.5737 Everglade Road, Dallas, TX 75227
MLS# 21211692Listed by: RENDON REALTY, LLC - New
$279,000Active3 beds 2 baths1,566 sq. ft.15407 Dorothy Nell Drive, Dallas, TX 75253
MLS# 21218174Listed by: SEVENHAUS REALTY - New
$699,000Active3 beds 3 baths2,201 sq. ft.4534 Lake Avenue #103, Dallas, TX 75219
MLS# 21218202Listed by: SCHIFANO REALTY GROUP, LLC - New
$259,999Active3 beds 2 baths1,441 sq. ft.1530 Caravan Trail, Dallas, TX 75241
MLS# 21143410Listed by: RE/MAX DFW ASSOCIATES - New
$499,000Active2 beds 2 baths1,861 sq. ft.6311 Bandera Avenue #D, Dallas, TX 75225
MLS# 21217463Listed by: ALLIE BETH ALLMAN & ASSOC. - New
$275,000Active3 beds 2 baths1,634 sq. ft.5416 Dove Drive, Dallas, TX 75236
MLS# 21217870Listed by: REAL BROKER, LLC - New
$225,000Active3 beds 2 baths1,266 sq. ft.2651 Anderson Street, Dallas, TX 75215
MLS# 21218079Listed by: ULTIMA REAL ESTATE - New
$329,000Active2 beds 2 baths1,154 sq. ft.3225 Turtle Creek Boulevard #42, Dallas, TX 75219
MLS# 21218112Listed by: ALLIE BETH ALLMAN & ASSOC. - New
$335,000Active2 beds 2 baths1,034 sq. ft.4111 Cole Avenue #14, Dallas, TX 75204
MLS# 21216639Listed by: JESSICA KOLTUN HOME - New
$62,000Active1 beds 1 baths683 sq. ft.9811 Walnut Street #F-207, Dallas, TX 75243
MLS# 21217989Listed by: HOMESMART