2400 LOCKWOOD DRIVE, HOUSTON, TX 77020
Homes for sale in Houston.
Homes for sale in 77020.
2400 Lockwood Drive
Houston, TX 77020
List Price$580,000
Listing #98197478
0.64
Acre
Lots / Land
Type
About This Property
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 Features
Location Information
County
Harris
Longitude
-95.315652
MLS Area
Denver Harbor
Subdivision
Dimension 5 Holdings Lockwood
Latitude
29.783636
Directions
From interstate 10 use northbound Lockwood. Land is on east side
Exterior Features
Acre Range
1/2 Up to 1 Acre
Lot Size in Sq. Ft.
27,896
Lot Description
Other, Subdivision, Split Possible
Is One Story
No
Lot Size in Acres
0.64
School
School District
Houston
Middle School
MCREYNOLDS MIDDLE SCHOOL
Elementary School
ATHERTON ELEMENTARY SCHOOL (HOUSTON)
High School
WHEATLEY HIGH SCHOOL
Additional Information
Property Type
LL
Status
Active
Year Built
0
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Mortgage Calculator
$2,708
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$2,090
Monthly Tax
$483
Monthly Insurance
$135
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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