4922 Reiger Avenue, Dallas, TX 75214
MULTI_FAMILY - Dallas, TX
- Added:
- Apr 20, 2026
- Days on Market:
- 46
- Last Refresh:
- Jun 4 at 11:06 am
Property Features for 4922 Reiger Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bedroom 5, Bathroom 3, Bedroom 1, Bedroom 3, Bedroom 2, Bedroom 4, Bathroom 1
- Parking
- 5
- Parking features
- Carport
- Appliances
- Dishwasher, GasRange, Refrigerator
- Standard status
- Active
- APN
- 00000152989000000
- Size
- 2,826 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Description
- MCKELLS HOMESTEAD BLK C/1429 PTS LTS 8 & 9
- Tax Annual Amount
- 11418
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Central
- Cooling system
- Electric, Central Air, Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1922
- Floors in Building
- 2
- Number of units
- 3
- Flooring type
- Tile, Wood
- Building materials
- Brick
- Roof type
- Composition
Listing agent Jeremy Larsen License #0601091 (866) 225-5778
Listing office Berkshire HathawayHS PenFed TX Flower Mound, TX (214) 257-1111
Listing date Apr 20, 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.
HighLights
- Three‑unit property on Reiger Avenue with a full duplex (two 2‑bedroom, 1‑bath units) plus a garage apartment
- Tenants in place—buy and hold or consider redevelopment
- Built in 1922 with brick construction
- Central heating with natural gas; central air plus electric and window unit(s)
- Tile and wood flooring throughout
- Public water and public sewer; roof is composition shingle; carport parking
Overview
Located on Reiger Avenue in Dallas, the asset sits on a 0.217-acre lot. With three independent living units, it provides an owner an income-producing structure in an established residential setting.
For investors, the current tenant-in-place configuration can support steady cash flow while you evaluate longer-term holds. For redevelopment-focused buyers, the property’s triplex layout and lot size offer flexibility to plan for renovations or changes to the existing configuration. Either way, it’s a practical opportunity for buyers looking to own multifamily housing with an active income component and clear potential for value-add.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $79.0k | $27.96 |
| − Vacancy | −$8.0k | −$2.84 |
| EGI | $71.0k | $25.12 |
| − OpEx | −$21.3k | −$7.54 |
| NOI | $49.7k | $17.58 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Dallas
- County
- Collin
- State
- Texas
- Longitude
- -96.763703
- Latitude
- 32.796574
