5002 Scott Road, Fort Worth, TX 76114
Local realty services provided by:Better Homes and Gardens Real Estate Edwards & Associates
Listed by: bobby minor
Office: elite real estate texas
MLS#:21200618
Source:GDAR
Price summary
- Price:$139,900
- Price per sq. ft.:$211.97
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 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
- Listing ID #:21200618
- Added:49 day(s) ago
- Updated:April 25, 2026 at 11:46 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:$139,900
- Price per sq. ft.:$211.97
- Tax amount:$3,792
Features and amenities
- Appliances:Electric Cooktop
Parking
- Carport spaces:2
New listings near 5002 Scott Road
- New
$415,000Active4 beds 3 baths2,456 sq. ft.10309 Stoneside Trail, Fort Worth, TX 76244
MLS# 21248423Listed by: TOP HAT REALTY GROUP, LLC - New
$299,000Active3 beds 2 baths1,730 sq. ft.6425 Brentwood Drive, Fort Worth, TX 76112
MLS# 21249606Listed by: LOCAL PRO REALTY LLC - New
$308,000Active3 beds 2 baths1,528 sq. ft.8728 Sumter Way, Fort Worth, TX 76244
MLS# 21250731Listed by: SUNET GROUP - New
$305,900Active3 beds 2 baths1,968 sq. ft.6504 Stone Lake Drive, Fort Worth, TX 76179
MLS# 21237436Listed by: THE PROPERTY SHOP - New
$299,500Active3 beds 2 baths1,485 sq. ft.609 Darlington Trail, Fort Worth, TX 76131
MLS# 21243859Listed by: CENTURY 21 MIKE BOWMAN, INC. - New
$300,000Active4 beds 2 baths1,833 sq. ft.2900 Fitzhugh Avenue, Fort Worth, TX 76105
MLS# 21250706Listed by: EXP REALTY LLC
$855,900Pending4 beds 5 baths3,566 sq. ft.1656 Shady Banks Drive, Haslet, TX 76052
MLS# 21250590Listed by: PERRY HOMES REALTY LLC- New
$660,000Active5 beds 4 baths3,373 sq. ft.6012 The Resort Boulevard, Fort Worth, TX 76179
MLS# 21246466Listed by: SILVER ELK REALTY, LLC. - New
$350,000Active4 beds 3 baths2,910 sq. ft.9104 Cheswick Drive, Fort Worth, TX 76123
MLS# 21249194Listed by: KELLER WILLIAMS CENTRAL - New
$425,000Active4 beds 4 baths4,379 sq. ft.5059 Golden Lane, Fort Worth, TX 76123
MLS# 21250379Listed by: COLDWELL BANKER APEX, REALTORS