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$540,000
Est. payment /mo
0.64 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Dimension 5 Holdings Lockwood
MLS Listing ID 92215160
HOA Y/N No
Annual Tax Amount $9,274
Tax Year 2023
Lot Size 0.640 Acres
Acres 0.6404
Property Description
Discover the potential of 2400 Lockwood Dr, a prime 0.64-acre lot in Houston's dynamic Fifth Ward, perfect for your next construction or investment project. This sizable lot offers the versatility to be subdivided, making it ideal for multiple developments. Located in a rapidly developing area with easy access to downtown, this property is fully equipped with public utilities and ready for development. This buildable lot offering significant potential in sought-after, qualified Opportunity Zone (OZ). This OZ asset provides a unique investment opportunity for an OZ investor with exclusive tax benefits including deferred taxes until 2027 and a step-up in basis to maximize returns with no tax on OZ appreciation. For accurate guidance on tax benefits, it's recommended to consult with a qualified tax professional
Location
State TX
County Harris
Area Denver Harbor
Interior
Fireplace No
Exterior
Water Access Desc Public
Building
Lot Description Other, Subdivision, Split Possible
Sewer Public Sewer
Water Public
Schools
Elementary Schools Atherton Elementary School (Houston)
Middle Schools Mcreynolds Middle School
High Schools Wheatley High School
School District 27 - Houston
Others
Tax ID 138-784-001-0001
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Listed by eXp Realty LLC Benjamin Deal
NEARBY SCHOOL & BUSINESS
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