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.
Listed by Gary Foster
·
Briggs Freeman Sotheby's Int'l
·
214-763-5294
Last updated October 01, 2025
·
Source: NTREIS #21060857
Listing Facts
TypeSingle-family
NeighborhoodJunius Heights
Bedrooms2
Bathrooms1
Days on Prevu22
Size1,603 sqft
Price per sqft$436
Amenities
Private Outdoor Space
Pets Allowed
Parking
Location
Mortgage Calculator
Listing History
09/30/2025
Listed by Briggs Freeman Sotheby's Int'l
$699,000
Property Details for 5401 Reiger Avenue
Exterior
Construction
Year Built: 1923
Year Built Details: Preowned
Architectural Style: Prairie
Exterior Features: Dog Run
Features
Fencing: Chain Link, Wood
Patio And Porch Features: Covered, Front Porch
Measurements
Lot Features: Interior Lot, Level, Lrg. Backyard Grass
Lot Size Acres: 0.45
Lot Size Area: 19,968
Lot Size Dimensions: 78,256
Lot Size Square Feet: 19,968
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 00000156700000000
Interior
Features
Interior Features: Cable TV Available
Measurements
Living Area: 1,603
Rooms
Bathrooms Full: 1
Bathrooms Total Integer: 1
Bedrooms Total: 2
Other
General
Exclusions: Personal property that is inside the structures on the property.
Utilities: All Weather Road, Asphalt, Cable Available, City Sewer, City Water, Curbs, Electricity Available, Individual Gas Meter, Individual Water Meter, Natural Gas Available, Phone Available, Sidewalk
Based on information from NTREIS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.