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Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Subdivision Graves & Mcdaniels #1 Sub
MLS Listing ID 20675915
Sold Date 10/30/24
HOA Y/N None
Annual Tax Amount $339
Lot Size 5,009 Sqft
Acres 0.115
Property Description
5,009 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 Take State Hwy 121 S and TX-121 S to South Fwy in Fort Worth. Take exit 49B from I-35W S Take E Rosedale St and Evans Ave to E Magnolia Ave
Exterior
Utilities Available City Sewer, City Water
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 Brenda Garza • Texas Connect Realty, LLC
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