UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Glendale Acres
MLS Listing ID 20785007
HOA Y/N None
Annual Tax Amount $2,237
Lot Size 0.622 Acres
Acres 0.622
Lot Dimensions 125x225
Property Sub-Type Unimproved Land
Property Description
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.
Location
State TX
County Dallas
Zoning qualified Opportunity Zone (OZ) Residential lot Has Creek in the back that is in a 100 yr flood plain, check with city, for all questions/concerns
Direction From Downtown Dallas, Travel I-35E S - RL Thornton Freeway to Loop 12 E - E Ledbetter Dr. Take exit 421A E. Keep right, merge onto Loop 12 E - E. Ledbetter Drive, go 1.8 miles, left on Burnside Avenue, right on Kingsley Drive. 1815 Kingsley Drive is on the left between Burnside and Kildare Avenue.
Exterior
Utilities Available City Water, Natural Gas Available, Overhead Utilities
Street Surface Asphalt
Garage No
Building
Lot Description Brush, Interior Lot, Many Trees, Sloped
Schools
Elementary Schools Lisbon
Middle Schools Storey
High Schools Southoakcl
School District Dallas Isd
Others
Restrictions Deed
Ownership Tax Record
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20785007
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As a resident of the Lakewood/East Dallas community Marissa can provide personal insight into our neighborhood. As a native of Dallas, Marissa attended SMU to obtain her business degree from the Cox School of Business, after 10 years in corporate America her experience in negotiating with International firms transfers directly into her real estate business. High Integrity, honesty, and a passion for people make working with Marissa a delight. As a by-referral realtor Marissa is 100% committed to you and your real estate goals. Marissa has extensive sales knowledge in various areas of the metroplex including, but not limited to Lakewood, Preston Hollow, Park Cities, Hollywood Heights, M Streets, and Lake Highlands.