$139,900

5002 Scott Road, Fort Worth, TX 76114

1 bed |
1 bath |
660 sqft

Single-Family Home
Built in 1940
4,879sqft lot
—— car garage
$212/sqft
Listed 2 months ago

Property Description

INCOME-PRODUCING RIVER DISTRICT LAND PLAY Don't just buy land...buy INCOME-PRODUCING land! This 4,879 SF lot in Fort Worth's hottest neighborhood includes a habitable 660 SF rental that was generating $850-month. THREE WAYS TO WIN: PATH 1 - CASH FLOW: Rent as-is, break even on mortgage, build equity PATH 2 - VALUE-ADD: Invest $12,500, boost rent to $1,200-month, refinance at $205K PATH 3 - ASSEMBLAGE: Collect rent while positioning for developer premium in 3-property assemblage THE NUMBERS: •Land Value: $112,600 •Current Income: $850-month ($10,200-year) •Post-Renovation Income: $1,200-month ($14,400-year) •Development Potential: 4-plex or large single-family LOCATION: River District—Fort Worth's fastest-growing corridor. Median home price: $512K (this is 67% less). Adjacent to $185K vacant lot. Connected to Trinity Trails. PROPERTY: 660 SF, 2 bed-2 bath, solid cinder block (1940). Habitable, rentable condition. 4,879 SF lot with 13.5% coverage—massive development potential. IDEAL FOR: •First-time investors with clear entry point •BRRRR investors seeking value-add •Developers assembling parcels •Portfolio builders adding River District exposure INVESTMENT HIGHLIGHTS: Multiple exit strategies reduce risk. Income from day one. Land value provides equity cushion. High-growth location. Request pro forma analysis and assemblage details. Priced to sell in 30 days.

Listing Status:: Active
Data Last Updated:: May 20, 2026 at 6:18AM
Listing Office:: Elite Real Estate Texas : 623-570-2789
Listing Agent:: Bobby Minor :
MLS ID:: 21200618

General: Cable TV
Appliances: Electric Cooktop
Fireplace: Fireplaces: 0

Style: Detached
Pool: None
Parking: Driveway

General: 1

Originating MLS: NTR
School District: Castleberry ISD
County: Tarrant

Zoning: DEAVERS ADDITION-FORT WORTH BLOCK 1 LOT 16A05866200

Utilities: Natural Gas AvailableSewer AvailableWater AvailableCable Available
Water: Public
Sewer: Public Sewer

Source: NTR

This listing courtesy of Bobby Minor , Elite Real Estate Texas

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