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$3,250,000
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Property Description
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.
Full Property Details
Full Property Details for 5317 Reiger Ave
General
- Price: $3,250,000
- Taxes: $49,846
- Status: Active
- Type: Apartment
- Source: NTREIS
- MLS ID: 21307176
- Updated: 6/19/2026
- Added to Site: 22 day(s) ago
Interior
- Interior Features: Decorative/Designer Lighting Fixtures, Granite Counters, High Speed Internet, Multiple Staircases, Cable TV
- Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer
- Flooring: Carpet, Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 14
- Full Bathrooms: 14
Bedrooms
- Total Bedrooms: 15
Exterior
- Exterior Features: Balcony, Dog Run
- Porch/Patio/Deck: Balcony, Covered
Parking
- Covered Spaces: 4
- Total Spaces: 14
- Parking Features: Common, Concrete, Driveway, On Site, Parking Lot
Location
- County: Dallas
- Subdivision: Appel & Harpers City Bl 1493
- Driving Directions: Google Maps
School Information
- Elem School District: Dallas ISD
- Midd School District: Dallas ISD
- High School District: Dallas ISD
- Elementary School: Lipscomb
- Middle School: Long
- High School: Woodrow Wilson
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Sewer Available, Water Available, Cable Available
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Construction: Board & Batten Siding
- Roof: Composition
- Square Feet: 9,387
- Sq. Ft. Source: Owner
- Year Built: 2025
Lot Features
- Lot Size (Acres): 0.2938
- Lot Size (Sq. Ft.): 12,800
- Fencing (Description): Wood
Financial Considerations
- Tax Amount: $49,846
- Terms: Cash, Conventional, 1031 Exchange
Disclosures and Reports
- Legal Description: APPEL & HARPER'S BLK 1493 LT 5
- Property ID: 156688000000
- Block: 1493
- Lot Number: 5
Listed by Perry Guest Company, Harris Arnhart
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Schools
Schools serving 5317 Reiger Ave
School District:Dallas Independent School District
| Name | Grades | Distance |
|---|---|---|
William Lipscomb Elementary School 5801 Worth Street, Dallas, TX 75214 | K-5 | 0.5 mi |
J L Long Middle School 6116 Reiger Avenue, Dallas, TX 75214 | 6-8 | 0.8 mi |
Woodrow Wilson High School 100 South Glasgow Drive, Dallas, TX 75214 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5317 Reiger Ave
Date
Details
Price
Change
Source
6/19/2026
Listed
$3,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5317 Reiger Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$20,018
173%
$899,000
181%
2024
$7,342
25%
$319,940
25%
2023
$5,875
-9%
$256,000
—
2022
$6,427
-64%
$256,000
-62%
2021
$17,960
-8%
$680,840
-5%
2020
$19,442
-1%
$716,670
4%
2018
$19,632
4%
$690,000
—
2019
$18,862
22%
$690,000
21%
2017
$15,446
105%
$568,040
105%
2016
$7,538
-1%
$277,200
—
2015
$7,616
—
$277,780
—
2014
$7,592
—
$277,780
—
2013
$7,564
—
$277,780
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5317 Reiger Ave
5317 Reiger Avenue, Dallas, TX 75214 (MLS# 21307176) is a Apartment property with 15 bedrooms and 14 full bathrooms. 5317 Reiger Avenue is currently listed for $3,250,000 and was received on June 19, 2026. Want to learn more about 5317 Reiger Avenue? Do you have questions about finding other Apartment real estate for sale in Dallas? You can browse all Dallas real estate or contact a Coldwell Banker agent to request more information.

