404 Cleaves Street

Dallas, TX 75203
$84,900

Description

3,659 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 I35E and the Trinity River, neighborhood backs up to the Trinity Skyline Trail. Located a few blocks from the Yvonne A. Ewell Townview magnet school for the gifted and talented.

  • Property Details
      • Lot description:Interior Lot
      • Acres:0.0840
      • Property type:Purchase
      • Utility features:All Weather Road, Asphalt, City Sewer, City Water, Electricity Available
      • Subdivision:Meadowmere
      • School district:Dallas ISD
      • Elementary School:Cedar Crest
      • County:Dallas
      • MLS #:20784503
      • Cost:84900
      • Property subtype:Unimproved Land
      • MLS #:20784503

Location

Tish FerryReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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