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Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
Subdivision Wheatley Heights
MLS Listing ID 1766938
Sold Date 08/16/24
Annual Tax Amount $854
Lot Size 0.268 Acres
Property Description
This property is zoned for residential use located in the Eastside. Located blocks from I10 E, close proximity to the Spurs AT&T Center and minutes from downtown! 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 Bexar
Area 1200
Zoning R-4
Exterior
Utilities Available Water System, Electric
Schools
Elementary Schools Martin Luther King
Middle Schools Martin Luther King
High Schools Sam Houston
School District San Antonio I.S.D.
Others
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
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