2400 Lockwood Drive, Houston, TX 77020

Local realty services provided by:Better Homes and Gardens Real Estate Hometown
2400 Lockwood Drive,Houston, TX 77020
$600,000
  • 0.64 Acres
  • Lots / Land
  • Active
Listed by:benjamin deal
Office:exp realty llc.
MLS#:57214693
Source:HARMLS

Price summary

  • Price:$600,000

About this home

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

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Home facts

  • Listing ID #:57214693
  • Updated:September 06, 2025 at 01:10 AM

Structure and exterior

  • Lot area:0.64 Acres

Schools

  • High school:WHEATLEY HIGH SCHOOL
  • Middle school:MCREYNOLDS MIDDLE SCHOOL
  • Elementary school:ATHERTON ELEMENTARY SCHOOL (HOUSTON)

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$600,000
  • Tax amount:$9,274 (2023)
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