2400 Lockwood Drive, Houston, TX 77020

Houston
Local realty services provided by:Better Homes and Gardens Real Estate Gary Greene
2400 Lockwood Drive,Houston, TX 77020
$540,000
  • 0.64 Acres
  • Lots / Land
  • Active
Listed by: benjamin deal
Office: exp realty llc.888-519-7431
MLS#:92215160
Source:HARMLS

Price summary

  • Price:$540,000

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 #:92215160
  • Updated:May 17, 2026 at 11:40 AM

Structure and exterior

  • Lot area:0.64 Acres
  • Lot Features:Split Possible, Subdivision

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:$540,000
  • Tax amount:$9,274 (2023)
Copyright 2026, Houston Realtors Information Service, Inc. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and the data is deemed reliable but is not guaranteed accurate by the MLS.

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