Price Reduction
Address
2623 Lincoln Avenue, Fort Worth, TX
Price
$ 49,900
Property Attributes
- MLS#20574947
- TypeLand
- CountyTARRANT
- CityFort Worth
- NeighborhoodEllis M G Add
- Zip76164
- StyleUnimproved Land
- Taxes$ 396
- Price$ 49,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.161 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
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
| Elementary School |
|---|
| Manualjara Elementary School |
| Price History | |
|---|---|
| 4/15/2024 | Listed $55,000 |
| 5/11/2024 | 2% - $54,200 |
| 6/7/2024 | 4% - $52,500 |
| 6/20/2024 | 5% - $49,900 |
General Features
| Development Status | City Limits |
|---|---|
| Utilities | City Sewer,Electricity Available |
| Possession | Closing/Funding |
| Easements | Other |
| Restrictions | No Known Restriction(s) |
| School District | Fort Worth ISD |
| Unexempt Taxes | 396 |
| Will Subdivide | No |
| Property SubType | Unimproved Land |
| Subdivision Name | Ellis M G Add |
| Zoning Description | Residential |
| County | Tarrant |
| Property Type | Land |
| HOA Type | None |
| Status | Active |
| Directions | 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 |
| City | Fort Worth |
| Buyer Agent Compensation | 3 |
| Elementary School Name | Manualjara |
| High School | Northside |
| Elementary School | Manualjara |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20574947 |
| Standard Status | Active |
| Buyer Agent Compensation Type | % |
Interior Features
| Lock Box Type | None |
|---|
Exterior Features
| Lot Features | Few Trees,Interior Lot |
|---|---|
| Lot Size | Less Than .5 Acre (not Zero) |
| Lot Size Area | 0.1610 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 7013.1600 |
| Lot Size Acres | 0.1610 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Land Average in 76164
Price
Taxes
Visits
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