$159,900

5002 Scott Road, Fort Worth, TX 76114

1 bed |
1 bath |
660 sqft

Single-Family Home
Built in 1940
4,879sqft lot
—— car garage
$242/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 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:: February 14, 2026 at 11:20PM
Listing Office:: Elite Real Estate Texas : 623-570-2789
Listing Agent:: Bobby Minor :
MLS ID:: 21128966

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

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
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Location

Schools Nearby

A.V. Cato Elementary School

4501 Barbara Rd, River Oaks, TX, 76114

Grades PK-5

1.16 miles away

Irma Marsh Middle School

415 Hagg Dr, River Oaks, TX, 76114

Grades 6-8

0.84 miles away

Castleberry High School

215 Churchill Rd, River Oaks, TX, 76114

Grades 9-12

0.58 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.