4535 Fallen Oaks DR, Houston, TX 77091 - MLS#48874649

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The Sam Team

info@thesamteam.com +1(281) 710-3090

$85,000

Est. payment - /mo

5,700 Sqft Lot

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UPDATED:

12/09/2024 07:48 PM

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

Acres 0.1309

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

Lot Size Range 0 Up To 1/4 Acre

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

Senior Community No

Restrictions Deed Restrictions

Tax ID 104-063-000-0271

Tax Rate 2.0148

Disclosures No Disclosures

Special Listing Condition No Disclosures

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Houston Association of Realtors (HAR MLS)

Listed by eXp Realty LLC • Benjamin Deal

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The Sam Team

+1(281) 710-3090

Team Leader/Home Marketing Specialist | License ID: 199880

Team Leader/Home Marketing Specialist License ID: 199880

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