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2400 Lockwood Drive, Houston, TX 77020
$795,000
2400 Lockwood Drive, Houston, TX 77020View this property at 2400 Lockwood Drive, Houston, TX 77020
2400 Lockwood DriveHoustonTX77020
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Property Description
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
Full Property Details
Full Property Details for 2400 Lockwood Dr
General
- Price: $795,000
- Taxes: $9,274 (2023)
- Status: Active
- Type: Lots/Land
- MLS ID: 92950527
- Updated: 4/25/2024
- Added to Site: 14 day(s) ago
Location
- Area: 2
- County: Harris
- Subdivision: Dimension 5 Holdings Lockwood
- Driving Directions: From interstate 10 use northbound Lockwood. Land is on east side
School Information
- School District: 27 - Houston
- Elementary School: Atherton Elementary School (Houston)
- Middle School: McReynolds Middle School
- High School: Wheatley High School
Utilities
- Gas: Availability Unknown
- Water/Sewer: Public Sewer, Public Water
Lot Features
- Lot Size (Acres): 0.6404
- Lot Size (Sq. Ft.): 27,896
- Lot Size Source: Appraisal District
- Potential Use: Multi-Family, Other, Single-Family
- Lot Description: Can Be Subdivided, Other, Subdivision
Financial Considerations
- Price Per Sq. Ft.: $28.5
- Tax Amount: $9,274
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Legal Description: RES A BLK 1 DIMENSION 5 HOLDINGS LOCKWOOD
- Restrictions: Unknown/Verify
- Legal Disclosures: Sellers Disclosure
- APN: 138-784-001-0001
Listed by eXp Realty LLC (888) 519-7431, Benjamin Deal (832) 835-0558
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Schools
Schools serving 2400 Lockwood Dr
School District:Houston Independent School District
Rating | Name | Grades | Distance |
---|---|---|---|
2011 Solo St, Houston, TX 77020 | PK-5 | 0.4 mi | |
5910 Market St, Houston, TX 77020 | 6-8 | 0.8 mi | |
4801 Providence St, Houston, TX 77020 | 9-12 | 0.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2400 Lockwood Dr
Date
Details
Price
Change
Source
4/19/2024
Listed
$795,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2400 Lockwood Dr
2400 Lockwood Drive, Houston, TX 77020 (MLS# 92950527) is a Lots/Land property with a lot size of 0.6404 acres. 2400 Lockwood Drive is currently listed for $795,000 and was received on April 19, 2024. Want to learn more about 2400 Lockwood Drive? Do you have questions about finding other Lots/Land real estate for sale in Houston? You can browse all Houston real estate or contact a Coldwell Banker agent to request more information.