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.
For sale
$175,000
5002 Scott Rd, Fort Worth, TX 76114
2beds
660sqft
Est.:
Single Family Residence
Built in 1940
4,878.72 Square Feet Lot
$-- Zestimate®
$265/sqft
$-- HOA
What's special
- 40 days |
- 446 |
- 8 |
Zillow last checked: 8 hours ago
Listing updated: January 21, 2026 at 11:31am
Listed by:
Bobby Minor 0681811,
Elite Real Estate Texas 623-570-2789
Source: NTREIS,MLS#: 21128966
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
- Dimensions: 1 x 1
Living room
- Level: First
- Dimensions: 1 x 1
Appliances
- Included: Electric Cooktop
Features
- Cable TV
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 660 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Driveway
- Carport spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 4,878.72 Square Feet
Details
- Parcel number: 05866200
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Detached
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Condition
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Available, Sewer Available, Water Available, Cable Available
Community & HOA
Community
- Subdivision: Deavers Add
HOA
- Has HOA: No
Location
- Region: Fort Worth
Financial & listing details
- Price per square foot: $265/sqft
- Tax assessed value: $163,304
- Annual tax amount: $3,792
- Date on market: 12/15/2025
- Cumulative days on market: 205 days
Estimated market value
Not available
Estimated sales range
Not available
$1,518/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/12/2026 | Listed for sale | $175,000$265/sqft |
Source: NTREIS #21128966 Report a problem | ||
| 12/22/2025 | Pending sale | $175,000$265/sqft |
Source: NTREIS #21128966 Report a problem | ||
| 12/15/2025 | Contingent | $175,000$265/sqft |
Source: NTREIS #21128966 Report a problem | ||
| 12/15/2025 | Listed for sale | $175,000$265/sqft |
Source: NTREIS #21128966 Report a problem | ||
| 12/8/2025 | Listing removed | $175,000$265/sqft |
Source: NTREIS #20960605 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,792 +21.4% | $163,304 +25.5% |
| 2023 | $3,123 -5% | $130,142 +8.9% |
| 2022 | $3,289 +35% | $119,474 +30.4% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,146/mo
Principal & interest
$837
Property taxes
$248
Home insurance
$61
Climate risks
Neighborhood: Riverbend
Nearby schools
GreatSchools rating
- 6/10A V Cato Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 3/10Castleberry High SchoolGrades: 8-12Distance: 0.6 mi
- 5/10Marsh Middle SchoolGrades: 6-8Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Cato
- Middle: Marsh
- High: Castleberr
- District: Castleberry ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




