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$699,000
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Property Description
A RARE DEVELOPMENT JEWEL IN THE HEART OF OLD EAST DALLAS Wide and deep Prime Development Opportunity provides an extraordinary development canvas that discerning multifamily, townhome, and institutional developers can improve. THIS OPPORTUNITY is strategically positioned OUTSIDE of historic district constraints while being bordered by prestigious Junius Heights and Munger Place. 5401 offers a balance of development freedom and community character. Townhomes and apartments are up and down this street. Visionary developers can create luxury residences that honor the area's rich heritage while meeting modern market demands. LOCATION EXCELLENCE, only minutes from the transformative Columbia-Main Street redevelopment corridor. This is one of the largest developable parcels remaining in the coveted Old East Dallas area, surrounded by the charm and stability of historic districts without their restrictions. Residents will have quick 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. Once these are razed, the land will provide a clean slate for your vision. Capable developers can have this coveted opportunity. The right visionary developer will create something extraordinary in one of Dallas's most desirable emerging corridors. Prime development land of this caliber in Old East Dallas is scarce and moves quickly in today's market. Set up an accompanied tour today. All existing improvements are sold in as-is condition, with demolition performed by the purchaser.
Full Property Details
Full Property Details for 5401 Reiger Ave
General
- Price: $699,000
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21060857
- Updated: 12/22/2025
- Added to Site: 108 day(s) ago
Interior
- Interior Features: Cable TV
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Exterior
- Exterior Features: Dog Run
- Porch/Patio/Deck: Covered, Front Porch
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: Circular Driveway, Concrete, Driveway, Garage
Location
- County: Dallas
- Subdivision: Appel and Harpers
- Driving Directions: Munger, Henderson or Abrahms all turn onto Reiger, then go to 5401. Watch for stop signs and children.
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
- Cooling Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Separate Meters, Water Available, Cable Available
Structural Information
- Property Detached: Yes
- Architectural Style: Prairie, Detached
- Structure Type: House
- Detached/Attached: Detached
- Stories/Levels: 1
- Living Area: 1,603 Sq. Ft.
- Year Built: 1923
Lot Features
- Lot Size (Acres): 0.4584
- Lot Size (Sq. Ft.): 19,968
- Lot Dimensions: 78 x 256
- Frontage: All Weather Road, Asphalt
- Sidewalks: Yes
- Lot Features: Back Yard, Interior Lot, Lawn, Level
- Fencing (Description): Chain Link, Wood
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Terms: Cash, Conventional, See Agent
Disclosures and Reports
- Legal Description: APPEL & HARPER'S BLK 1493 LT 9 & PT LT 10 CO-
- Exclusions: Personal property that is inside the structures on the property.
- Property ID: 156700000000
- Block: 1493
- Lot Number: 9
Listed by Briggs Freeman Sotheby's Int'l, Gary Foster
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Schools
Schools serving 5401 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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5401 Reiger Ave
Date
Details
Price
Change
Source
10/01/2025
Listed
$699,000
—
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 5401 Reiger Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,544
-3%
$695,290
15%
2024
$6,712
13%
$605,090
6%
2023
$5,919
125%
$569,740
—
2022
$2,631
6%
$569,740
18%
2021
$2,476
11%
$482,030
—
2020
$2,237
-83%
$482,030
6%
2018
$12,944
40%
$454,920
33%
2017
$9,278
14%
$341,190
14%
2016
$8,164
19%
$300,240
20%
2015
$6,833
-45%
$249,210
-45%
2019
$12,436
83%
$454,920
83%
2014
$6,811
—
$249,210
—
2013
$6,786
—
$249,210
—
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 5401 Reiger Ave
5401 Reiger Avenue, Dallas, TX 75214 (MLS# 21060857) is a Single Family property with 2 bedrooms and 1 full bathroom. 5401 Reiger Avenue is currently listed for $699,000 and was received on October 01, 2025. Want to learn more about 5401 Reiger Avenue? Do you have questions about finding other Single Family real estate for sale in Dallas? You can browse all Dallas real estate or contact a Coldwell Banker agent to request more information.

