407 Country Meadows Circle, Cleburne

$499,999

0 Beds
0 Baths
0 Sqft
8.12 Acres
0 Garages

Located in one of DFW's Opportunity Zones, the 8.12 acres of land is a multifamily site and zoned for 33 duplex lots with a capacity for 66 units total. It is in the city of Cleburne in Johnson County (appx. 25 mi south of downtown Fort Worth), and is adjacent to Cleburne Oaks Apts, (O.R. of 92%).

Being in an Opportunity Zone, investors can benefit by a deferral of capital gains taxes, among other tax benefits. Unlike other incentive programs, there are no monetary caps on Opportunity Zone investments, making the program flexible and scalable to meet market needs.

The 33 lots have their own tax identification number. The land has received final plat approval and is registered with the city of Cleburne.

Essential Information
MLS® #14068030
Price$499,999
Bathrooms0.00
Acres8.12
TypeLand
Sub-TypeCommercial
StatusActive
Community Information
Address407 Country Meadows Circle
AreaJOHNSON COUNTY (38)
SubdivisionCountry Meadows Estates
CityCleburne
CountyJohnson
StateTX
Zip Code76033
Amenities
UtilitiesOther
Exterior
Lot DescriptionAcreage, Subdivision
School Information
DistrictCleburne ISD
ElementaryIrving
MiddleLowell Smith
HighCleburne
Additional Information
ZoningMulti-Family
Listing Details
AgentTodd Franks
OfficeRedwood Realty Inc.
Property History
Price Reduced from $549,740 to $499,999
Price Reduced from $600,000 to $549,740
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Listing information last updated on August 23rd, 2019 at 5:30am CDT.