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
| Date | Details | Status |
|---|---|---|
| Sep 2, 2026 | Status Changed from Pending to Closed | Closed |
| Aug 12, 2026 | Status Changed from Active to Pending | Pending |
Price Change History
| Date | Details | Price |
|---|---|---|
| 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
| Agent | Bobby Minor |
|---|---|
| Office | Elite Real Estate Texas |
| Contact Info | 623-570-2789 |
