5002 Scott Road, Fort Worth, TX 76114
$149,900
Est.Price: ?

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1 BD
1 BA
660 SqFt

5002 Scott Road Fort Worth, TX 76114

Est. payment /mo
SOLD DATE : 08/31/2026

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Diane Hart Alexander, MBA, MHA

Diane Hart Alexander, MBA, MHA

+1(713) 591-9902

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 660 sqft

Subdivision Deavers Add

MLS Listing ID 21200618

Bedrooms 1

Full Baths 1

Year Built 1940

Annual Tax Amount $3,792

Lot Size 4,878 Sqft

Property Sub-Type Single Family Residence

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.

Location

State TX

County Tarrant

Rooms

Dining Room 0

Exterior

Utilities Available City Sewer, City Water, Natural Gas Available

Building

Story One

Schools

Elementary Schools Cato

Middle Schools Marsh

High Schools Castleberr

School District Castleberry Isd

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Bobby Minor • Elite Real Estate Texas
Bought with Unrepresented Buyer • NON MLS

NEARBY SCHOOLS & BUSINESSES

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Diane Hart Alexander, MBA, MHA

Diane Hart Alexander, MBA, MHA

Chair, CEO, Broker License ID: 565194

+1(713) 591-9902

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