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2,874 Sqft Lot
UPDATED:
11/27/2024 05:21 PM
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Spencer Add
MLS Listing ID 20786430
HOA Y/N None
Annual Tax Amount $226
Lot Size 2,874 Sqft
Acres 0.066
Property Description
2,875 sq ft 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
Location
State TX
County Tarrant
Zoning Residential
Direction Use GPS
Exterior
Fence None
Utilities Available Other
Street Surface Asphalt
Garage No
Building
Lot Description Brush, Interior Lot
Schools
Elementary Schools Carrollpea
Middle Schools Morningsid
High Schools Polytechni
School District Fort Worth Isd
Others
Restrictions No Known Restriction(s)
Ownership See Tax Records
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by David Russell • eXp Realty LLC