new - 4 days on rocket

2400 Lockwood Dr, Houston, TX, 77020

$625,000

0.64 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #68673778
Lot Size0.64 Acres
StatusActive

About 2400 Lockwood Dr

Discover the potential of 2400 Lockwood Dr, a prime 0.64-acre lot in Houston's dynamic Fifth Ward, perfect for your next construction or investment project. This sizable lot offers the versatility to be subdivided, making it ideal for multiple developments. Located in a rapidly developing area with easy access to downtown, this property is fully equipped with public utilities and ready for development. This 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

Property Details

Property Features

Listing Office:

  • Office Name: eXp Realty LLC
  • Office Phone: (888) 519-7431
  • Listing Agent: Benjamin Deal

Lot Features

Lot Information:

  • Lot: Other, Subdivision, Split Possible
  • Lot Size: 0.64 Acres

Other

Directions Information:

  • Directions: From interstate 10 use northbound Lockwood. Land is on east side

Price Information

Listing Price Info

Price Summary:

  • List Price: $625,000
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Housing Market Comparison

See how this home compares to others in Houston, TX.

Med. Sold Price

$319.9K

Med. Price/SqFt

$166

Avg. Days On Market

40

# of Sold Homes

1678

2400 Lockwood Dr vs Houston

4 DAYS ON ROCKET

-36 Days

$625,000

+$305K More

KEY TAKEAWAY

This property is $305K more than the Median Sold Price in Houston, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HAR
  • MLS Number: #68673778

Listing Office:

  • Office Name: eXp Realty LLC
  • Office Phone: (888) 519-7431
  • Listing Agent: Benjamin Deal

Broker ReciprocityDisclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.

Copyright© 2024 Houston Realtors Information Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 12/11/2024, 6:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,187

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,940

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1768405
6
/10
  • Atherton Elementary School

  • 2011 Solo St

  • 0.43 miles

  • Public Magnet Grades EE-5

school-card-donut-1768406
7
/10
  • Eliot Elementary School

  • 6411 Laredo St

  • 0.61 miles

  • Public District Grades EE-5

school-card-donut-1768407
3
/10
  • Dogan Elementary School

  • 4202 Liberty Rd

  • 0.74 miles

  • Public District Grades EE-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,556. The most common annual income of people living in Houston, TX is less than $35k. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2400 Lockwood Dr

What is the listing price of this property?

The listing price of 2400 Lockwood Dr property is $625,000.

What type of property is this?

The property 2400 Lockwood Dr is land located in Houston, Texas, 77020.

Is this property for sale now?

Active Listing: 2400 Lockwood Dr is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 2400 Lockwood Dr is 0.64 acres.
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Rocket HomesTexasHarris CountyHouston770202400 Lockwood Dr

This home is located at 2400 Lockwood Dr in Houston, TX and zip code 77020 in the Greater Fifth Ward neighborhood. This home sits on a 0.64 acre lot. It has been listed on Rocket Homes since December 06, 2024 and is currently priced at $625,000.

Over 263 listings were sold over their listed price in November 2024 in Houston, TX. In the same period over 1060 listings were sold below the listed price and 354 listings were sold for the listed price. The number of homes for sale in Houston, TX increased by 8.5% between October 2024 and November 2024. In November 2024, listings were on the market for 40 days. During the same period, the median list price in this real estate market was $319,921.

From Rocket Homes Real Estate and based on county public records data.

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