2400 Lockwood DR, Houston, TX 77020 | Realtor, Vicky Cedillo

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Vicky Cedillo

[email protected] +1(832) 797-6431

$615,000

Est. payment - /mo

0.64 Acres Lot

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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Dimension 5 Holdings Lockwood

MLS Listing ID 47591656

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 2

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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Houston Realtors Information Service / HAR MLS

Listed by eXp Realty LLC Benjamin Deal

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Vicky Cedillo

+1(832) 797-6431

Brokerage Owner | License ID: 607705

Brokerage Owner License ID: 607705

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2400 Lockwood DR Houston, TX 77020

Vicky Cedillo

Key Details

Location

Interior

Exterior

Building

Schools

Others

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2400 Lockwood DR