2400 Lockwood Drive, Houston, TX 77020

Land
Built in ——
0.64acre lot
—— car garage
$——/sqft
Listed 5 days ago

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

Listing Status:: Active
Date Added:: July 7, 2025 at 05:00AM
Listing Office:: eXp Realty LLC : 888-519-7431
Listing Agent:: Benjamin Deal : 1+346-588-5908
MLS ID:: 47591656

Originating MLS: Houston Association of Realtors
School District: 27 - Houston
County: Harris

This listing courtesy of Benjamin Deal, eXp Realty LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Atherton Elementary School

2011 Solo St, Houston, TX, 77020

Grades EE-5

0.46 miles away

McReynolds Middle School

5910 Market St, Houston, TX, 77020

Grades 6-8

0.86 miles away

Wheatley High School

4801 Providence St, Houston, TX, 77020

Grades 9-12

0.85 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.