2621 Lincoln Ave, Fort Worth, TX 76164

$20,000

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List Price
$20,000
Price Change
▼ $1,500 1778211151
MLS#
20786447
Status
ACTIVE
Type
Land
Subtype
Land
Acres
0.16
County
Tarrant
City
Fort Worth
Subdivision
Ellis M G Add

Property Description

Opportunity knocks on Lincoln Ave! Rare build-ready residential lot (approximately 7,013 SF) with city water & sewer at the street. Located in the heart of Fort Worth’s North Side, just minutes from the Stockyards and Marine Creek corridor. This parcel qualifies for Opportunity Zone tax advantages (consult CPA) and is primed for your next infill project. Don’t miss this attractively opportunity to secure a shovel-ready site in a re-emerging neighborhood! Located in a designated Opportunity Zone (OZ), this property presents a compelling investment opportunity with significant tax advantages. OZs, established under the 2017 Tax Cuts and Jobs Act, offer incentives such as deferred capital gains taxes until 2026 or upon sale, and the potential for tax-free appreciation if held for 10 years or more. This area is positioned for revitalization and offers strong potential for residential development—ideal for investors seeking long-term growth while contributing to community improvement. Consult your accountant or a qualified tax advisor to understand how these benefits may apply to you. 2619 and 2623 Lincoln Ave is also for sale.

Additional Information

Unexempt Taxes
$390
Lot Size
7,000
Acres
0.16
Lot Description
Irregular Lot, Trees
School District
Fort Worth Isd
Elementary School
Samrosen
Middle School
Elder
High School
Northside
Possession
CloseOfEscrow
Proposed Use
Residential

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Calculator source: Real Geeks

Listing courtesy of David Russell from eXp Realty LLC. Contact: 214-924-9966