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Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Subdivision Spencer Add
MLS Listing ID 20569896
Sold Date 07/22/24
HOA Y/N None
Annual Tax Amount $196
Lot Size 2,874 Sqft
Acres 0.066
Property Description
2875 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 Lot
Direction Use GPS
Exterior
Utilities Available City Sewer
Garage No
Building
Lot Description Other
Schools
Elementary Schools Carrollpea
Middle Schools Morningsid
High Schools Polytechni
School District Fort Worth Isd
Others
Restrictions No Known Restriction(s)
Ownership See Tax
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Bought with Michelle Ulloa • Next Level Realty
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