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$159,000
New Listing

5002 Scott Road
Fort Worth, TX 76114

For Sale|Single Family Residence|Active
1
Bed
1
Total Bath
1
Full Bath
660
SqFt
$241
/SqFt
1940
Built
Subdivision:
Deavers Add
County:
Tarrant
Call Now: 903-321-2515
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903-321-2515
5002 Scott Road5002 Scott Road5002 Scott Road5002 Scott Road
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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.

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Listing Snapshot
Price 
$159,000
Days On Site 
0 Days
Bedrooms 
1
Inside Area (SqFt) 
660 sqft
Total Baths 
1
Full Baths 
1
Partial Baths 
N/A
Lot Size 
0.112 Acres
Year Built 
1940
MLS® Number 
21200618
Status 
Active
Property Tax 
$3,792
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 hours agoListing updated with changes from the MLS®
7 hours agoListing first seen on site
General Features
Acres 
0.112
Carport 
2
Levels 
One
Parking 
Driveway
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
Special Circumstances 
Standard
Utilities 
Cable AvailableNatural Gas Available
Water Source 
Public
Interior Features
Appliances 
Electric Cooktop
Living Room 
Dimensions - 1 x 1Level - First
Master Bedroom 
Dimensions - 1 x 1Level - First
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Community Features
School District 
Castleberry ISD
Schools
School District
Castleberry ISD
Elementary School
Cato
Middle School
Marsh
High School
Castleberr
Listing courtesy of Bobby Minor of Elite Real Estate Texas [email protected]



© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2026-03-06 07:02 PM CST

Neighborhood & Commute
Source: Walkscore
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