Search
Zoned MF-2 Development Land
For Sale
$995,000

5321 Reiger Avenue, Dallas, TX 75214

Land parcel in East Dallas zoned MF-2, with plans for 9 townhomes and an existing 4-unit quadplex.

Property SizeContact for details
Days on Market38

Property Features for 5321 Reiger Avenue

General Information

Standard status Active
Property subtype Improved Land
Zoning MF-2

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $16,589

Building Details

Year Built 1927
Listing Agency: Perry Guest Company
Listed By: Harris Arnhart · License #0636257
Source: Nilesrealtygroup
Added: Jul 9 Changed: Aug 14 Last Checked: Aug 14 at 7:10AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Perry Guest Company

Investment Insights

Based on property information with market context.

This offering includes approximately 12,800 square feet of land in East Dallas zoned MF-2, with no historic district restrictions. The seller has plans for 9 townhomes that are ready to permit, and those plans are included in the sales price.

The property currently has a quadplex with four units built in 1927. The sale is positioned for land value and development.

Please note the existing building is not available for showings until a contract has been executed.

Key Highlights

  • 12,800 SF land parcel in East Dallas zoned MF‑2
  • Existing quadplex with 4 units, built in 1927
  • Plans included for 9 townhomes, ready to permit

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Computer & Electronic Repair Acupuncture Pharmacy Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

819
Businesses Nearby

Demographics for 75214, TX

35,664
Population
17,474
Households
2
Avg Household Size
37
Median Age
71%
College-Educated
95%
High-School Grad
7.3 sq mi
ZIP Area
4,885
Density / Sq Mi
$128,917
Median Household Income
$81,149
Median Earnings
$1,536
Median Rent
$707,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Quadplex - Land parcel in East Dallas zoned MF-2, with plans for 9 townhomes and an existing 4-unit quadplex.
Where is this quadplex located?
The property is located at 5321 Reiger Avenue Dallas, TX.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 12,800 SF land parcel in East Dallas zoned MF‑2; Existing quadplex with 4 units, built in 1927; Plans included for 9 townhomes, ready to permit
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message