For Sale 77020 Houston
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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
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*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
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2400 Lockwood Dr, Houston, TX 77020. View photos, map, tax, nearby homes for sale, home values, school info...
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