5002 Scott Road, Fort Worth, TX 76114
Local realty services provided by:ERA Myers & Myers Realty
Listed by: bobby minor
Office: elite real estate texas
MLS#:21200618
Source:GDAR
Price summary
- Price:$149,900
- Price per sq. ft.:$227.12
About this home
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....
Contact an agent
Home facts
- Year built:1940
- Subdivision & Development:Deavers Add
- Listing ID #:21200618
- Added:162 day(s) ago
- Updated:August 16, 2026 at 08:09 AM
Rooms and interior
- Bedrooms:1
- Total bathrooms:1
- Full bathrooms:1
- Kitchen Description:Electric Cooktop
- Living area:660 sq. ft.
Structure and exterior
- Year built:1940
- Building area:660 sq. ft.
- Lot area:0.11 Acres
- Levels:1 Story
Schools
- High school:Castleberr
- Middle school:Marsh
- Elementary school:Cato
Finances and disclosures
- Price:$149,900
- Price per sq. ft.:$227.12
- Tax amount:$3,792
Features and amenities
- Appliances:Electric Cooktop
Parking
- Carport spaces:2
New listings near 5002 Scott Road
- New
$853,900Active4 beds 4 baths3,334 sq. ft.6004 Mesquite Creek Court, Fort Worth, TX 76126
MLS# 21361078Listed by: PERRY HOMES REALTY LLC - New
$615,000Active4 beds 4 baths2,944 sq. ft.5708 Lake Jackson Drive, Fort Worth, TX 76126
MLS# 21355110Listed by: COLDWELL BANKER REALTY - New
$905,900Active4 beds 5 baths3,525 sq. ft.6013 Mesquite Creek Court, Fort Worth, TX 76126
MLS# 21361068Listed by: PERRY HOMES REALTY LLC - New
$488,000Active2 beds 2 baths1,175 sq. ft.500 Throckmorton Street #2207, Fort Worth, TX 76102
MLS# 21358837Listed by: EXP REALTY, LLC - New
$415,000Active4 beds 2 baths1,950 sq. ft.705 Cliff Street, Fort Worth, TX 76164
MLS# 21360591Listed by: PERLA REALTY GROUP, LLC - New
$339,000Active4 beds 3 baths1,854 sq. ft.2864 Houston Wood Drive, Fort Worth, TX 76244
MLS# 21360808Listed by: HEATON REALTORS - New
$479,990Active4 beds 3 baths2,680 sq. ft.1704 Deciduous Drive, Fort Worth, TX 76131
MLS# 21352702Listed by: ESCAPE REALTY - New
$355,000Active4 beds 3 baths2,245 sq. ft.2605 Prickly Pine Trail, Fort Worth, TX 76123
MLS# 21358304Listed by: RELO RADAR - New
$780,000Active5 beds 4 baths3,042 sq. ft.3909 Trail Lake Drive, Fort Worth, TX 76109
MLS# 21360641Listed by: COMPASS RE TEXAS, LLC - New
$419,990Active4 beds 3 baths2,152 sq. ft.5805 Corazon Lane, Fort Worth, TX 76126
MLS# 21360980Listed by: HOMESUSA.COM