About 2400 Lockwood Drive
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 Drive
| MLS® # | 57214693 |
|---|---|
| Price | $600,000 |
| Square Footage | 27895.824 |
| Acres | 0.64 |
| Type | Land |
| Sub-Type | Lots |
| Status | Active |
Community Information
| Address | 2400 Lockwood Drive |
|---|---|
| Area | 2 |
| Subdivision | Dimension 5 Holdings Lockwood |
| City | Houston |
| County | Harris |
| State | TX |
| Zip Code | 77020 |
Amenities
| Utilities | Gas Availability Unknown, Cable Unknown, Electric Availability Unknown |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
| New Construction | No |
| Golf Course | N |
Interior
| Fireplace | No |
|---|
Exterior
| Lot Description | Can Be Subdivided, Other, Subdivision, 1/2 Up to 1 Acre |
|---|
School Information
| District | 27 - Houston |
|---|---|
| Elementary | Atherton Elementary School (Houston) |
| Middle | Mcreynolds Middle School |
| High | Wheatley High School |
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | eXp Realty LLC |
|---|