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3412 E Frio Drive Dallas, TX 75216
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Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Subdivision Liberty Heights
MLS Listing ID 20785095
Sold Date 12/16/24
HOA Y/N None
Annual Tax Amount $861
Lot Size 5,052 Sqft
Acres 0.116
Lot Dimensions 50 x 100
Property Description
5,053 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 Dallas
Zoning Residential qualified Opportunity Zone (OZ)
Direction From S. Lancaster Blvd, turn West on Presidio Ave. and head to the intersection with E. Frio Dr. Turn right and the property will be on your right.
Exterior
Utilities Available City Water, Overhead Utilities
Street Surface Asphalt
Garage No
Building
Lot Description Interior Lot
Schools
Elementary Schools Bryan
Middle Schools Oliver Wendell Holmes
High Schools Roosevelt
School District Dallas Isd
Others
Restrictions No Known Restriction(s)
Ownership See Tax Record
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Lydia Brisco • CENTURY 21 Judge Fite Company
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