4523-4535 Reiger Ave, Dallas, TX, 75246
About This Home
Prime opportunity to purchase two apartments (30 units) in east Dallas sitting on roughly 35,700 sq ft of land, zoned PD-98. Emerald Isle is vacant and ready for a full rehab while El Caro is leased at 83% occupancy. This location is close to all things East Dallas as well as Deep Ellum, Baylor Hospital, the Santa Fe Trail, etc.
Getting Around
Somewhat Walkable
Good Transit
Very BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1960
Materials
- Foundation: Pillar/Post/Pier
- Roof: Composition
- Construction materials: Brick,Stone Veneer
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family,Apartment
Interior
Appliances
- Appliances included: Gas Range,Refrigerator
Features
- Other
- Flooring: Carpet,Vinyl
Heating & Cooling
- Heating features: Other
- Cooling features: Electric,Wall/Window Unit(s)
Interior Area
- Total structure area: 22,912
- Total interior livable area: 22,912 sqft
Property
Details
- Parcel number: 00000125935000000
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Lot size: 0.82 Acres
- Features: Interior Lot,Level
- Lot size dimensions: 150 x 238
Parking
- Total spaces: 30
- Parking features: On Site
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hail
- Heat Wave
- Cold Wave
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $13,349 | $160,188 |
| Home Insurance * | $757 | $9,084 |
| Property Taxes | $3,190 | $38,280 |
| Electricity | $2,515 | $30,190 |
| Total | $19,811 | $237,732 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-24 | Price change | $2,640,000 |
| 2026-05-22 | Price change | $2,650,000 |
| 2026-05-19 | Listed for sale | $2,990,000 |
For Sale by Agent
View on Zillow