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Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Subdivision Winchester Place
MLS Listing ID 20570659
Annual Tax Amount $826
Lot Size 7,187 Sqft
Property Sub-Type Unimproved Land
Property Description
7,187 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 Dallas
Zoning Residential
Exterior
Utilities Available City Sewer, Electricity Available
Building
Lot Description Other
Schools
Elementary Schools Dunbar
Middle Schools Dade
High Schools Madison
School District Dallas Isd
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Tobi Oluwafemi • Fairdale Realty