1 month on rocket

4929 Reiger, Dallas, TX, 75214

$5,500,000

0 Baths
Condo
Schools Nearby

Location

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Property Highlights

Home TypeCondominium
ParkingAssigned, Asphalt, Covered, Electric Gate
Year Built1962
HeatingOther
CoolingCentral Air, Ceiling Fan(s), Other
MLS #20567840
Lot Size1.00 Acres
StatusActive

About 4929 Reiger

Introducing THE CAROLINA at 4929 REIGER AVENUE, DALLAS, TX 75214 This 38-unit multifamily property is in the sought-after East Dallas market. Renovated in 2015-2017, the two-story brick building offers a mix of studios, one, and two-bedroom apartments equipped with modern features like recessed lighting, stainless steel appliances, laminate wood flooring, and several units have in-unit laundry options. Situated on 1.0 acre of land, the property has gated parking with covered options. With a prime location providing convenient access to Dallas, this turnkey investment opportunity is complemented by a recent chiller system replacement in the past 2 years. This property offers great value-add potential through increasing rental income. THE CAROLINA is offered at price point under what it would cost to build today at only $183 a foot. Perfect opportunity for an investor seeking strong rental demand or looking for a strategic location.

Property Details

Property Features

Property Information:

  • Year Built: 1962
  • Stories: 2

Listing Office:

  • Office Name: Perry Guest Company
  • Office Phone: (214) 528-9250
  • Listing Agent: Matthew Cassidy

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Disposal, Refrigerator, Vented Exhaust Fan
  • Flooring Type: Laminate
  • Interior: Eat-in Kitchen, High Speed Internet, Open Floorplan, Cable TV, Walk-In Closet(s)

Exterior Features

Parking Information:

  • Parking: Assigned, Asphalt, Covered, Electric Gate

Virtual/3D Tour

  • Virtual Tour: 4929 Reiger

Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 1.00 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Central Air, Ceiling Fan(s), Other

School Info

Assigned Schools Information:

  • Wilson High School, Public District Grades 9-12
  • Long Middle School, Public District Grades 6-8
  • Lipscomb Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Head west on Munger from Columbia Ave...Turn south on to Reiger...Building is located on the north side of Reiger

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,500,000
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Housing Market Comparison

See how this home compares to others in Dallas, TX.

Med. Sold Price

$249K

Med. Price/SqFt

$149

Avg. Days On Market

37

# of Sold Homes

945

4929 Reiger vs Dallas

53 DAYS ON ROCKET

+16 Days

$5,500,000

+$5.2M More

KEY TAKEAWAY

This property is $5.2M more than the Median Sold Price in Dallas, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20567840

Listing Office:

  • Office Name: Perry Guest Company
  • Office Phone: (214) 528-9250
  • Listing Agent: Matthew Cassidy

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 5/15/2024, 8:20:38 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$27.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$16.5K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1247422
4
/10
  • Lipscomb Elementary School

  • 5801 Worth St

  • 0.81 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1247423
4
/10
  • Long Middle School

  • 6116 Reiger Ave

  • 1.11 miles

  • Public District Grades 6-8

High School

school-card-donut-1247424
5
/10
  • Wilson High School

  • 100 S Glasgow Dr

  • 0.99 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $67,130. The majority of Dallas, TX residents have income between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4929 Reiger

What is the listing price of this property?

The listing price of 4929 Reiger property is $5,500,000.

What type of property is this?

The property 4929 Reiger is a condo located in Dallas, Texas, 75214.

Is this property for sale now?

Active Listing: 4929 Reiger is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 4929 Reiger are:
Lipscomb Elementary School: GreatSchools Rating 4/10
Long Middle School: GreatSchools Rating 4/10
Wilson High School: GreatSchools Rating 5/10

Which year was this property built?

The year of construction for 4929 Reiger is 1962.
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Rocket Homes›Texas›Dallas County›Dallas›75214›4929 Reiger

This home is located at 4929 Reiger in Dallas, TX and zip code 75214 in the Munger Place neighborhood. This home, which was built in 1962, sits on a 1.00 acre lot. It has been listed on Rocket Homes since March 22, 2024 and is currently priced at $5,500,000.

In April 2024 more than 0 listings in Dallas, TX were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 2 were sold below. The number of listings in Dallas, TX increased by 15.8% between March 2024 and April 2024. In April 2024 median list price was $249,000 and the average listing age was 37 days.

From Rocket Homes Real Estate and based on county public records data.

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