Dallas, TX 75216,3412 E Frio Drive

$42,500

Est. payment /mo
Est.Price: ?

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3412 E Frio Drive Dallas, TX 75216

5,052 Sqft Lot

SOLD DATE : 12/16/2024

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Sold

Purchase Type For Sale

Subdivision Liberty Heights

MLS Listing ID 20785095

Sold Date 12/16/24

HOA Y/N None

Annual Tax Amount $861

Lot Size 5,052 Sqft

Acres 0.116

Lot Dimensions 50 x 100

Property Description

5,053 sq ft 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 Dallas

Zoning Residential qualified Opportunity Zone (OZ)

Direction From S. Lancaster Blvd, turn West on Presidio Ave. and head to the intersection with E. Frio Dr. Turn right and the property will be on your right.

Exterior

Utilities Available City Water, Overhead Utilities

Street Surface Asphalt

Garage No

Building

Lot Description Interior Lot

Schools

Elementary Schools Bryan

Middle Schools Oliver Wendell Holmes

High Schools Roosevelt

School District Dallas Isd

Others

Restrictions No Known Restriction(s)

Ownership See Tax Record

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Melissa McCurley • eXp Realty
Bought with Lydia Brisco • CENTURY 21 Judge Fite Company

Rodney Eiland

Broker | License ID: 0624544

+1(713) 459-9446

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