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Key Details
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Highland Heights
MLS Listing ID 74677049
Sold Date 08/12/24
Annual Tax Amount $907
Tax Year 2023
Lot Size 3,000 Sqft
Acres 0.0689
Property Description
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.
Location
State TX
County Harris
Area Northwest Houston
Building
Lot Description Subdivision
Lot Size Range 0 Up To 1/4 Acre
Sewer Public Sewer
Water Public Water
Schools
Elementary Schools Wesley Elementary School
Middle Schools Williams Middle School
High Schools Washington High School
School District 27 - Houston
Others
Senior Community No
Restrictions Unknown/Verify
Tax ID 016-276-022-0041
Tax Rate 2.0148
Disclosures Sellers Disclosure
Special Listing Condition Sellers Disclosure
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Bought with Peak Real Estate