For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Subdivision Spencer Add
MLS Listing ID 20786430
Annual Tax Amount $226
Lot Size 2,874 Sqft
Property Sub-Type Unimproved Land
Property Description
**Offer accepted, in process of signing**. 2,875 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
Exterior
Fence None
Utilities Available Other
Building
Lot Description Brush, Interior Lot
Schools
Elementary Schools Carrollpea
Middle Schools Morningsid
High Schools Polytechni
School District Fort Worth Isd
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
©2025 North Texas Real Estate Information Systems.
Bought with Lisa O'Harra • RE/MAX Trinity
Get More Information
Sean Parsons
Broker Associate | License ID: 0591907
Broker Associate License ID: 0591907