4535 Fallen Oaks DR Active Save Request In-Person Tour Request Virtual Tour
Houston,TX 77091
Key Details
Property Type Vacant Land, Lots
Listing Status Active
Purchase Type For Sale
Subdivision Pinemont Plaza Sec 01
MLS Listing ID 48874649
Annual Tax Amount $992
Tax Year 2023
Lot Size 5,700 Sqft
Property Description
Embrace the future with this promising lot at 4535 Fallen Oaks Drive, Houston, TX 77091, an opportunity beckoning for visionaries and developers alike. Nestled at the strategic corner of Tidwell Rd and TC Jester Blvd, this 57-foot wide subdivision lot is prepped to house a 47-ft wide residence amidst a rapidly transforming landscape. This corner of Houston, witnessing sustained and swift development, presents an unrivaled investment poised for significant appreciation. Don't miss out on one of the last gems available for development so close to the city's core. 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
Location
State TX
County Harris
Area Northwest Houston
Building
Lot Description Subdivision
Sewer Public Sewer
Water Public Water
Schools
Elementary Schools Smith Elementary School (Houston)
Middle Schools Black Middle School
High Schools Scarborough High School
School District 27 - Houston
Others
Special Listing Condition No Disclosures