5200 Reiger Ave Dallas, TX 75214
Old East Dallas NeighborhoodEstimated payment $11,551/month
About This Home
Located in Munger Place Historic District, one of the most desirable historic neighborhoods in East Dallas, this offering presents a rare opportunity to acquire four contiguous properties spanning an entire city block—totaling over 50,000 square feet of land. The portfolio consists of four buildings currently operating as a rooming house with 50 rooms, with an on-site manager in place. Current rents range from $550–$650 per month, providing immediate in-place income with operational upside. This is a highly flexible investment with multiple exit strategies in a high-demand submarket. *This is being sold AS-IS
*Properties cannot be torn down, they are contributing to the neighborhood
*Renovation-Redevelopment available that contributes to neighborhood
Listing Agent
Perry Guest Company Brokerage Phone: 314-724-5734 License #0636257 Listed on: 04/14/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $34,836
Year Built
- Built in 1930
Parking
- On-Site Parking
Home Design
- Brick Exterior Construction
- Pillar, Post or Pier Foundation
- Composition Roof
- Wood Siding
Schools
- Lipscomb Elementary School
- Long Middle School
- Woodrow Wilson High School
Additional Features
- 2-Story Property
- 1.16 Acre Lot
Community Details
- 4 Buildings
- 32 Units
- 16,154 Sq Ft Building
- Munger Place 02 Subdivision
Listing and Financial Details
- Legal Lot and Block 13-16 / O/1428
- Assessor Parcel Number 00000152917000000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $12,024 | $540,000 | $321,000 | $219,000 |
| 2024 | $11,220 | $502,000 | $321,000 | $181,000 |
| 2023 | $11,220 | $470,000 | $321,000 | $149,000 |
| 2022 | $10,202 | $408,000 | $321,000 | $87,000 |
| 2021 | $8,909 | $420,000 | $0 | $0 |
| 2020 | $9,766 | $840,000 | $0 | $0 |
| 2019 | $6,658 | $234,000 | $224,700 | $9,300 |
| 2018 | $6,061 | $222,880 | $128,400 | $94,480 |
| 2017 | $6,061 | $222,880 | $128,400 | $94,480 |
| 2016 | $6,061 | $222,880 | $128,400 | $94,480 |
| 2015 | $6,114 | $222,880 | $128,400 | $94,480 |
| 2014 | $6,114 | $222,880 | $128,400 | $94,480 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/14/2026 04/14/26 | For Sale | $1,595,000 | -- | $99 / Sq Ft |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 21238074
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Ask me questions while you tour the home.