2400 Lockwood Drive
Houston, TX 77020
0.64 acres | #68673778
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
Property Details
- Utility FeaturesGas Availability Unknown, Cable Unknown, Electric Availability Unknown
- Lot DescriptionCan Be Subdivided, Other, Subdivision, 1/2 Up to 1 Acre
- Elementary SchoolATHERTON ELEMENTARY SCHOOL (HOUSTON)
- SubdivisionDimension 5 Holdings Lockwood
- Middle SchoolMcreynolds Middle School
- High SchoolWHEATLEY HIGH SCHOOL
- Sewer InformationPublic Sewer
- School District27 - Houston
- Property TypePurchase
- MLS #68673778
- MLS #68673778
- Acres0.6404
- Utility SourcePublic
- CountyHarris
- Taxes Annual$9,274
- Cost625000
- Property SubtypeLots
Location
Legal
The information being provided by Houston Association of REALTORS, Inc. is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Houston Association of REALTORS, Inc. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Houston Realtors Information Service, Inc. and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.
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Last Updated: . Source: HARMLS
Listing Courtesy
Listing Agent: Benjamin Deal (#bendeal)
Listing Office: eXp Realty LLC (#EXPD01)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
