5309 Reiger Avenue Dallas, TX 75214
MULTI_FAMILY - Dallas, TX
Property Features for 5309 Reiger Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 5
- Rooms
- Bathroom 4, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 3, Bedroom 2, Bedroom 5, Bathroom 5, Bathroom 1, Bedroom 1
- Parking
- 4
- Interior features
- HighSpeedInternet, CableTv
- Standard status
- Active
- APN
- 00000156682000000
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Description
- APPEL & HARPER'S BLK 1493 PT LTS 2 & 3 63.1X1
- Tax Annual Amount
- 14859
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 1925
- Floors in Building
- 2
- Number of units
- 4
- Roof type
- Composition
Listing agent Harrison Sharp License #0735232 (806) 281-8511
Listing office BK Real Estate North Richland Hills, TX (972) 677-9172
Listing date Apr 14, 2026
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The current owner has completed several key improvements, including all PVC waste lines, replacement of three of the four HVAC units within the last five years, and a roof replacement in 2012. Tenant-paid utilities are handled separately, with tenants paying their own electric and top-unit tenants paying water, while bottom-unit water is paid by the owner with no charge-back.
For investors or owner-operators, this setup offers an income-focused foundation along with a value-add angle, particularly given the stated rent levels being under market for the area. With redevelopment activity and teardowns occurring nearby, the property’s fundamentals and upgrade history may appeal to buyers looking to hold, reposition, or enhance long-term value.
Key Highlights
- Quadruplex with 3 one‑bedroom, one‑bath units and 1 two‑bedroom, one‑bath unit
- Current unit rents: 1BR units at $1,085, $1,135, and $1,000; 2BR unit at $1,375
- Updates include all PVC waste lines installed by the current owner
