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
| Name | Grade | Great School Ranking | Performance Index | Distinction Designations |
|---|---|---|---|---|
| Atherton Elem (Houston) | Elementary | 5 of 10 | 4 of 4 | 3 of 7 |
| Mcreynolds Middle | Middle | 2 of 10 | 4 of 4 | 0 of 7 |
| Wheatley High | High | 2 of 10 | 2 of 4 | 0 of 7 |
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Disclaimer
Statistics and data is from the most recent recent available period, as of the time of this writing. No representations or warranties, either expressed or implied, are made to the accuracy of the information herein, or with respect to suitability, usability, feasibility, merchantability or condition of any property described herein. There is no official relationship between this website, the owner, or lessee/real estate agent and any properties described on this website (including, but not limited to owners, management companies, HOAs or associations) or visa versa. Data is presented for informational purposes only and does not represent a listing of a building, property or entity. All dimensions are approximate