1815 Kingsley Drive Active Save Request In-Person Tour Request Virtual Tour
Dallas,TX 75216
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Glendale Acres
MLS Listing ID 20589797
HOA Y/N None
Annual Tax Amount $2,237
Lot Size 0.622 Acres
Acres 0.622
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
Location
State TX
County Dallas
Zoning Residential
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 Concrete,Electricity Not Available,Natural Gas Available,Overhead Utilities
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 See Tax
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional