1815 Kingsley Dr, Dallas, TX, TX 75216

$22,500

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List Price
$22,500
MLS#
21362354
Status
ACTIVE
Type
Land
Subtype
Land
Acres
0.62
County
Dallas
City
Dallas
Subdivision
Glendale Acres

Property Description

27,094 sq ft 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. This lot does need to be platted. The lot is in the 100 year flood plain. Near Glendale Park, New Tech High School, and the Dallas VA center.

Additional Information

Unexempt Taxes
$2,237
HOA Freq
Other
Lot Size
27,094
Acres
0.62
Lot Description
Irregular Lot, Trees, Sloped, City Lot
School District
Dallas Isd
Elementary School
Lisbon
Middle School
Storey
High School
Southoakcl
Possession
Negotiable
Proposed Use
Residential

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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Marquita Foxworth from eXp Realty, LLC. Contact: 888-519-7431

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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