1815 Kingsley Drive Active

Dallas,TX 75216

$ 49900

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Glendale Acres

MLS Listing ID 20785007

HOA Y/N None

Annual Tax Amount $2,237

Lot Size 0.622 Acres

Acres 0.622

Lot Dimensions 125x225

Property Description

27,094 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.

Near Glendale Park, New Tech High School, and the Dallas VA center.

Location

State TX

County Dallas

Zoning qualified Opportunity Zone (OZ) Residential lot Has Creek in the back that is in a 100 yr flood plain, check with city, for all questions/concerns

Direction From Downtown Dallas, Travel I-35E S - RL Thornton Freeway to Loop 12 E - E Ledbetter Dr. Take exit 421A E. Keep right, merge onto Loop 12 E - E. Ledbetter Drive, go 1.8 miles, left on Burnside Avenue, right on Kingsley Drive. 1815 Kingsley Drive is on the left between Burnside and Kildare Avenue.

Exterior

Utilities Available City Water,Natural Gas Available,Overhead Utilities

Street Surface Asphalt

Garage No

Building

Lot Description Brush,Interior Lot,Many Trees,Sloped

Schools

Elementary Schools Lisbon

Middle Schools Storey

High Schools Southoakcl

School District Dallas Isd

Others

Restrictions Deed

Ownership Tax Record

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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