2400 Lockwood Drive Houston, TX 77020
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 TypeLand
- NeighborhoodDimension 5 Holdings Lockwood
- CountyHarris
- Taxes$9,274
- HOA/Condo/Coop Fees$0
- Days on Site13 Days
- MLS StatusActive
- MLS ID Number92950527
- Home Size Source N/A
- Year BuiltN/A
- Lot Size0.6404 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Sewer Public Sewer
- Acreage 0.6404
- Water Public
Exterior Features
- Lot Can Be SubdividedOtherSubdivision1/2 Up to 1 Acre
Community Features
- MLS Area 2