2623 Lincoln Avenue Active Save Request In-Person Tour Request Virtual Tour
Fort Worth,TX 76164
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Ellis M G Add
MLS Listing ID 20673041
HOA Y/N None
Annual Tax Amount $396
Lot Size 7,013 Sqft
Acres 0.161
Property Description
7,013 sqft 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 Tarrant
Zoning Residential
Direction From North Fort Worth take 35W South exit 54A for TX183 towards 28th Street. Right on 28th Street. Left on Chestnut Ave. Left at 1st cross street to NW27th Street Left on Pearl Ave. Right on NW 28th street Right on Lincoln Ave
Exterior
Utilities Available City Sewer,Electricity Available
Garage No
Building
Lot Description Few Trees,Interior Lot
Schools
Elementary Schools Manualjara
Middle Schools Elder
High Schools Northside
School District Fort Worth Isd
Others
Restrictions No Known Restriction(s)
Ownership See tax