2400 Lockwood Dr, Houston

$795,000

0 Bed
0 Bath
27,896 Sqft
.64 Acre
0 Garage

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

Essential Information
MLS® #92950527
Price$795,000
Bathrooms0.00
Square Footage27896
Acres0.64
TypeLots
StatusActive
Community Information
Address2400 Lockwood Dr
Area2 - East
SubdivisionDimension 5 Holdings Lockwood
CityHouston
CountyHarris
StateTexas
Zip Code77020
Amenities
Has GeneratorN
Has EV Charging StationN
Interior
# of Stories0.00
Lot Description

Can Be Subdivided, Other, Subdivision

School Information
District27 - Houston
MiddleMCREYNOLDS MIDDLE SCHOOL
HighWHEATLEY HIGH SCHOOL
Elementary

ATHERTON ELEMENTARY SCHOOL (HOUSTON)

Additional Information
Days on Website14
Listing Details
OfficeeXp Realty LLC
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Listing information last updated on May 3rd, 2024 at 11:26am CDT.