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$2,640,000

$2,650,000

4523-4535 Reiger Avenue, Dallas, TX, 75246

On MarketInfo
Price DropInfo
Baths0 Bath
Year BuiltBuilt in 1960

Highlights

Interior

Bathrooms 0Bathrooms 0
AppliancesGas Range, Refrigerator
FlooringCarpet, Vinyl

About this property

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.

Investor Tools

$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$15,840 /month
Positive
Cash Flow Estimate:
$5,280 /month

Interested in this property?

Harris Arnhart

Perry Guest Company

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Dallas

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Explore

Dallas

The largest metro area in Texas, Dallas–Fort Worth blends corporate muscle with suburban sprawl and long-run growth. Anchored by Fortune 500 headquarters, two major airports, and sprawling master-planned communities, the region stretches from Uptown Dallas high-rises to Fort Worth’s historic Stockyards.

DFW is where finance meets freight, tech meets transportation, and new subdivisions seem to rise as quickly as new logistics hubs. It’s a metro defined by scale — in jobs, rooftops, and opportunity.

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Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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