2400 Lockwood Dr, Houston, Texas

$795,000

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0.64

Acres

About 2400 Lockwood Dr

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

Features of 2400 Lockwood Dr

MLS® # 92950527
Price $795,000
Bathrooms 0.00
Square Footage 27896
Acres 0.64
Type Lots
Status Active

Community Information

Address 2400 Lockwood Dr
Area 2 - East
Subdivision Dimension 5 Holdings Lockwood
City Houston
County Harris
State Texas
Zip Code 77020

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
# of Stories 0.00

Exterior

Lot Description Can Be Subdivided, Other, Subdivision

School Information

District 27 - Houston
Elementary ATHERTON ELEMENTARY SCHOOL (HOUSTON)
Middle MCREYNOLDS MIDDLE SCHOOL
High WHEATLEY HIGH SCHOOL

Additional Information

Days on Website 14
Foreclosure No
Short Sale No

Listing Details

OfficeeXp Realty LLC

Listing Map

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