Home For Sale In Dallas, Texas

house for sale

Listed: 03/27/24

4935 Reiger Avenue, Dallas, TX 75358, USA

Studio Bed:

29,946 Sq Ft Living Area:

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Price

$ 5,5M

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About This House

Introducing The carolina at 4929 reiger avenue, dallas, tx 75214 This 38-unit multifamily property is in the sought-after East Dallas market. Renovated in2015-2017,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.

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Houses for sale in Dallas

Original listing

Dallas Housing & Living

Average sale prices for houses

2 bed

3 bed

4+ bed

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Month	Median Price
Apr 2024	$503,768 (0%)
Mar 2024	$503,768 (0%)
Feb 2024	$503,768 (0%)
Jan 2024	$503,768 (+17%)
Dec 2023	$430,626 (-6%)
Nov 2023	$458,268 (0%)

In April 2024, the asking price for 2 bed houses for sale in/near Dallas, United States averaged $503,768, staying on the same level compared to the previous month.

Median price trends for properties for sale in Dallas, United States as of April 2024.

Household Income

Median household income: $52,210

Number of households: 521,198

The average household income in Dallas, TX grew from $50,627 to $52,210 in the past year. This data is an estimate based upon 521,198 households in Dallas, TX.
The chart below presents how household income is distributed in Dallas, TX in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Dallas, TX compared to median property taxes around the country. The prevalent amount of property taxes in Dallas, TX equals $3k+ , which is more than the national average.

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