404 Cleaves Street new Save Request In-Person Tour Request Virtual Tour
Dallas,TX 75203
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Meadowmere
MLS Listing ID 20784503
HOA Y/N None
Annual Tax Amount $1,721
Lot Size 3,659 Sqft
Acres 0.084
Lot Dimensions 40x100
Property Description
3,659 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.
Near I35E and the Trinity River, neighborhood backs up to the Trinity Skyline Trail. Located a few blocks from the Yvonne A. Ewell Townview magnet school for the gifted and talented.
Location
State TX
County Dallas
Zoning Residential Qualified Opportunity Zone (OZ)
Direction At the crossroads of Hutchins Ave and Canyon St. and Cleaves St.
Interior
Heating None
Cooling None
Heat Source None
Exterior
Utilities Available All Weather Road,Asphalt,City Sewer,City Water,Electricity Available
Street Surface Asphalt
Garage No
Building
Lot Description Interior Lot
Schools
Elementary Schools Cedar Crest
Middle Schools Oliver Wendell Holmes
High Schools Roosevelt
School District Dallas Isd
Others
Restrictions No Known Restriction(s)
Ownership See Tax Records
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional