5820 Reiger Avenue

Dallas, TX 75214

$1,080,000
Price
—
Beds
6,300 Sq. Ft.
$171 / Sq. Ft.
6,300
Sq. Ft.
$171
per Sq. Ft.

Description

One of 5 properties in a portfolio of 31 units in East Dallas, all within a 2-mile radius. At the Barcelona, tenants enjoy easy access to popular restaurants and attractions in Dallas, with close proximity to Lower Greenville, Uptown, Deep Ellum and Downtown Dallas, and the property is within walking distance to Woodrow Wilson High School. The offering consists of 8 units with 7 spacious one-bedroom units averaging around 800 SF and 1 studio. The property has had the same ownership for over 20 Years...One of 5 properties in a portfolio of 31 units in East Dallas, all within a 2-mile radius. At the Barcelona, tenants enjoy easy access to popular restaurants and attractions in Dallas, with close proximity to Lower Greenville, Uptown, Deep Ellum and Downtown Dallas, and the property is within walking distance to Woodrow Wilson High School. The offering consists of 8 units with 7 spacious one-bedroom units averaging around 800 SF and 1 studio. The property has had the same ownership for over 20 Years and offers various value add opportunities including increasing rents through unit upgrades, selling off units as a condominium conversion, or converting to short or mid-term rentals. Property also includes shared washer and dryers for tenants. See Transaction Desk for the OM with the entire portfolio and provided financial analysis for each property. Can buy all of them together or separately. Reach out to agent for financials. No showings for occupied until execution.
  1. Listed by Esther Cho • TREC #0680452 • GSFREA LLC

Property Details for 5820 Reiger Avenue

Subdivision Name
Junius Heights
Pool
No
Number Of Parking Spaces
8

Location

Listing Courtesy of GSFREA LLC, Esther Cho
Add your commute
LISTING UPDATED: 05/16/2024 02:33 PM

Property Details for 5820 Reiger Avenue

StatusActive
MLS #20617875
Days on Market18
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment/5Plex+
Year Built1930
Lot Size0.33 AC / 14,157 SF
CountyDallas County

Location

Listing Courtesy of GSFREA LLC, Esther Cho
Add your commute

Building Information for 5820 Reiger Avenue

Stories2Residences8Year Built1930Building Size-Lot Size0.33 AC / 14,157 SF

Payment Calculator

$7,358 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,894

Property Taxes

$1,464

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5820 Reiger Avenue

Summary
Location and General Information
  • Block: 21161
  • Community Features: Laundry
  • Complex Name: Barcelona
  • Directions: Take Abrams down to Reiger and go East on Reiger. Property is on the corner of Reiger and Juliette Fowler St.
  • Elementary School: Lipscomb
  • Elementary School Name: Lipscomb
  • High School: Woodrow Wilson
  • High School Name: Woodrow Wilson
  • Middle School: Long
  • Year Built Details: Preowned
  • School District: Dallas ISD
  • Latitude: 32.80
  • Longitude: -96.75
  • State: Texas
Parking
  • Parking Features: Concrete, Unassigned
Taxes and HOA Information
  • Tax Legal Description: JUNIUS HEIGHTS BLK 21/1617 PT LTS 1&2 ACS 0.3
  • Association Type: None
  • Tax Lot: 1
Virtual Tour
Interior and Exterior Features
Interior Features
  • Flooring: Luxury Vinyl Plank, Tile, Wood
  • Heating: Electric
  • Interior Features: Cable TV Available, Decorative Lighting, High Speed Internet Available
  • Appliances: Dishwasher, Disposal, Dryer, Gas Range, Refrigerator, Washer
  • Cooling: Electric, Window Unit(s)
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Other
  • Construction Materials: Brick, Wood
  • Foundation Details: Pillar/Post/Pier
  • Number Of Stories: 2
  • Roof: Shingle
  • Number Of Units Total: 8
  • Levels: Two
Property
Utilities
  • Utilities: City Sewer, City Water, Electricity Connected, Master Gas Meter
Property and Assessments
  • Financing Proposed: 1031 Exchange, Cash, Conventional
  • Handicap: No
  • Loan Type: Treat As Clear
  • Property Match: Address
Lot Information
  • Lot Size Acres: 0.325
  • Lot Size Area: 0.325
  • Lot Size Units: Acres
  • Lot Size Square Feet: 14157.0
  • Multi Parcel ID: No
  • Parcel Number: 00000166603000000
Multi Family
Multi-Family Information
  • Number Of Buildings: 1
  • Capitalization Rate: .00%
  • Gross Annual Expenses: $0
  • Gross Annual Income: $0
  • Insurance Expense: $0
  • Net Operation Income: $.00
Unit 1
  • Approximate SQFT: 600.0
  • Average Lease Amount: $1,000.00
  • Living Area Length: 0.0
  • Number Of Baths Full: 1
  • Unit Type Type: Studio
  • Unit Type Units Total: 1
Unit 2
  • Approximate SQFT: 814.0
  • Average Lease Amount: $1,194.00
  • Living Area Length: 0.0
  • Number Of Baths Full: 1
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 7

Property History for 5820 Reiger Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5820 Reiger Avenue

Taxable ValueLand-Additions-Total-
Tax Record2023$17,573 ($1,464 / month)
Home Facts
Total Finished SqFt6,022 SqFtAbove Grade Finished SqFt6,022 SqFtStories2Lot Size14,174 SqFtStyleMiscellaneous CommercialYear Built1930ZoningZ239CountyDALLASAPN00000166603000000

Schools near 5820 Reiger Avenue

This home is within Dallas Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 4
Rating
School
Distance
William Lipscomb Elementary School
PublicPK to 5

J L Long Middle School
Public6 to 8

Woodrow Wilson High School
Public9 to 12

Solar Prep for Boys at John F Kennedy
PublicPK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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5820 Reiger Avenue is a multi-family home for sale in Dallas, TX 75214. This property was listed for sale on May 15, 2024 by GSFREA LLC, it's currently listed at $1,080,000. This listing's school district is Dallas Independent School District. Nearby schools include William Lipscomb Elementary School, J L Long Middle School and Woodrow Wilson High School. 5820 Reiger Avenue is a 0-bed, 0-bath, 6,300 sqft multi-family home built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of GSFREA LLC, Esther Cho

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2024 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 05/16/2024 02:33 PM