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
166 days
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7
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Zillow last checked:
Listing updated:
Listed by:
Benjamin DealTREC #0733988346-588-5908,
eXp Realty LLC
Source: HAR,MLS#: 92215160
Facts & features
Interior
Bedrooms & bathrooms
Bathrooms: 0
Property
Lot
Size: 0.64 Acres
Features: Split Possible, Other, Subdivided, 1/2 Up to 1 Acre
Details
Parcel number: 1387840010001
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Gas Availability Unknown, Cable Unknown, Electric Availability Unknown
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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