5002 Scott Road, Fort Worth, Texas

$149,900

Previous Next

1

Bed

1

Bath

660

Square feet

0.11

Acres

About 5002 Scott Road

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.

Status Change History

Sep 2, 2026 Status Changed from Pending to Closed Closed
Aug 12, 2026 Status Changed from Active to Pending Pending

Price Change History

Aug 5, 2026 Price Increased from $139,900 to $149,900 $149,900
Apr 16, 2026 Price Reduced from $159,000 to $139,900 $139,900

Features of 5002 Scott Road

MLS® # 21200618
Price $149,900
Bedrooms 1
Bathrooms 1.00
Full Baths 1
Square Footage 660
Acres 0.11
Year Built 1940
Type Residential
Sub-Type Single Family Residence
Status Closed

Community Information

Address 5002 Scott Road
Subdivision Deavers Add
City Fort Worth
County Tarrant
State Texas
Zip Code 76114-4323

Amenities

Utilities City Sewer, City Water, Natural Gas Available
Garages Driveway
Is Waterfront No
Has Pool No

Interior

Interior Features Cable TV Available
Fireplace No

School Information

District Castleberry ISD
Elementary Cato
Middle Marsh
High Castleberr

Additional Information

Date Listed February 26th, 2026
Date Sold August 31st, 2026
Days on Market 201

Listing Details

AgentBobby Minor
OfficeElite Real Estate Texas
Contact Info623-570-2789

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?