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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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5317 Reiger Ave , Dallas, TX 75214
$3,250,000
Est. Payment: $16,732.41/mo
15 Bed
14 Bath
9387 Sqft
Status: active | Days on site: 67
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Introducing The Reiger, a newly constructed, boutique 14-unit multifamily community ideally positioned in one of East Dallas’ most dynamic and walkable neighborhoods—just outside the Junius Heights Historic District. This best-in-class asset combines modern design, efficient unit layouts, and a highly desirable lifestyle location that continues to see strong demand from renters seeking proximity, character, and convenience. The property is minutes from Lower Greenville and the Henderson Avenue corridor, offering a growing mix of dining, retail, and entertainment options. Lakewood is just a short drive or bike ride away, with Whole Foods Market, Mi Cocina, Bowlski’s at the Lakewood Theater, and numerous neighborhood favorites providing daily conveniences and destination experiences alike. Designed as a high-end multifamily offering, The Reiger appeals to today’s renter profile seeking modern finishes, new construction quality, and a prime East Dallas address—positioning the asset for strong leasing performance and long-term value appreciation.

Highlights

Listed by Harris Arnhart , Perry Guest Company , North Texas Real Estate Information Systems

Property Type

Multi-Family

Lot/Acreage
0.29

Year Built

2025

County

Dallas

Neighborhood

Appel & Harpers City Bl 1493

School District

Dallas ISD

Listing ID

21307176

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:15
  • Bathrooms:14
  • Full Bathrooms:14
Appliances:Dishwasher, Dryer, Electric Range, Refrigerator, Washer
Air Cond:Ceiling Fan(s),Central Air,Electric
Fireplaces:
Floor:Carpet,Luxury Vinyl Plank
Other:
  • Additional:Cable TV Available, Decorative Lighting, Granite Counters, High Speed Internet Available, Multiple Staircases

Exterior Features

Lot:Less Than .5 Acre (not Zero)
Garage Capacity:14
Roof:Composition
Others:
  • Additional:Balcony, Covered Patio/Porch, Dog Run, New Construction - Complete
Parking Features:Common,Concrete,Driveway,On Site,Parking Lot
Principal Interest
$16,732
Taxes
$4,154

Home Price

$3,250,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$650,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$16,732.41

Principal

Taxes

Principal Taxes HOA Total
Monthly $16,732.41 $4,153.83 $0.00 $20,886.24
Yearly $200,788.94 $49,846.00 $0.00 $250,634.94
Total $6,023,668.11 $1,495,380.00 $0.00 $7,519,048.11

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Dallas, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T23:23:04.180Z

© 2026 North Texas Real Estate Information Systems