5002 SCOTT ROAD, FORT WORTH, TX 76114
Homes for sale in Fort Worth.
Homes for sale in 76114.
5002 Scott Road
Fort Worth, TX 76114
List Price$159,000
Listing #21200618
About This Property
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.
Property Features
Location Information
County
Tarrant
Subdivision
Deavers Add
Interior Features
Rooms
First Floor Living Room, First Floor Primary Bedroom
Living Room Description
1 x 1
Interior
Cable TV
Has Fireplace
No
Master Bedroom Description
1 x 1
Number of Fireplaces
0
Full Baths
1
Appliances
Electric Cooktop
Exterior Features
Style
Detached
Garage Spaces
0
Stories
1
Pool Description
None
Water / Sewer
Natural Gas Available, Sewer Available, Water Available, Cable Available
Lot Size in Acres
0.112
Utilities
Natural Gas Available, Sewer Available, Water Available, Cable Available
Lot Size in Sq. Ft.
4,878
Parking Description
Driveway
Is One Story
Yes
School
Elementary School District
Castleberry ISD
Jr. High School
Marsh
Elementary School
Cato
High School
Castleberr
Additional Information
Property Type
SFR
Status
Active
Property SubType 2
House
Has a Home Owners Association
No
Property SubType
Single Family Residence
Tax Annual Amount
3792.0
Year Built
1940
Similar Listings
Mortgage Calculator
$741
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$572
Monthly Tax
$132
Monthly Insurance
$37
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Listing courtesy of
Bobby Minor, Elite Real Estate Texas
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NTREIS - North Texas data last updated at March 6, 2026, 6:57 PM CT
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