Active

5002 Scott Road

Fort Worth, Texas 76114
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Bed 1

Bed

Bath 1

Bath

SqFt660

Sqft

Acres0.11

Acre(Lot)

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.

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Detail Ic Property Details

Property Type : Residential

Price : $139,900

AD Id : 75938543

MLS Id : 553470775

Beds : 1

Lot Size : 0.11 Acre

Living Area Size : 660

Year Built : 1940

County : Tarrant

Subdivision: Weatherford 3rd

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Feature Features

  • Bedroom Information

    Total Bedrooms: 1

    Bathroom Information

    Total Baths: 1 Full Baths: 1 Half Baths: 0
  • Interior Features

    Cable TV Available

    Appliances

    Electric Cooktop

    Utilities

    City Sewer,City Water,Natural Gas Available
  • Fireplace

    Number of Fireplaces: 0

  • Building Information

    Built Year: 1940

  • Lot Information

    Lot Size (Acr): 0.1120 Lot Size Units: Acres Lot Size Square Feet: 4,879
  • Property Information

    SQ ft (Living Area): 660 Property Type: Residential Property Sub Type: Single Family Residence Subdivision: Deavers Add City: Fort Worth State: Texas Directions: Maps App will locate home Property Status: Active Levels: One Property Age: 86

  • Listing Price Information

    Original List Price: $139,900 List Price Tot SqFt: $212
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: 05866200 Tax Block: 1 Tax Legal Description: DEAVERS ADDITION-FORT WORTH BLOCK 1 LOT 16A Tax Lot: 16A Unexempt Taxes: $3,792

  • Parking Information

    Carport Spaces: 2 Parking Features: Driveway
  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Cato Middle School: Marsh High School: Castleberr School District: Castleberry ISD
  • Utility Information

    Utilities: City Sewer,City Water,Natural Gas Available
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 06/06/2026 @ 07:27

MLS: 553470775 LISTED BY: Bobby Minor, Elite Real Estate Texas 623-570-2789 SOURCE: NTREIS - North Texas Real Estate Information

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