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.
For sale
Price cut: $19.1K (4/16)
$139,900
5002 Scott Rd, Fort Worth, TX 76114
1beds
660sqft
Single Family Residence
Built in 1940
4,878 Square Feet Lot
$-- Zestimate®
$212/sqft
$-- HOA
What's special
- 126 days |
- 499 |
- 18 |
Zillow last checked:
Listing updated:
Listed by:
Bobby Minor 0681811 623-570-2789,
Elite Real Estate Texas 623-570-2789
Source: NTREIS,MLS#: 21200618
Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
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
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 4,878 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: $212/sqft
- Tax assessed value: $163,304
- Annual tax amount: $3,792
- Date on market: 3/6/2026
- Cumulative days on market: 134 days
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,295/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/16/2026 | Price change | $139,900-12%$212/sqft |
Source: NTREIS #21200618 Report a problem | ||
| 3/6/2026 | Listed for sale | $159,000-0.6%$241/sqft |
Source: NTREIS #21200618 Report a problem | ||
| 3/5/2026 | Listing removed | $159,900$242/sqft |
Source: NTREIS #21128966 Report a problem | ||
| 1/28/2026 | Price change | $159,900-8.6%$242/sqft |
Source: NTREIS #21128966 Report a problem | ||
| 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 | ||
| 12/1/2025 | Listed for sale | $175,000$265/sqft |
Source: NTREIS #20960605 Report a problem | ||
| 11/22/2025 | Contingent | $175,000$265/sqft |
Source: NTREIS #20960605 Report a problem | ||
| 10/2/2025 | Price change | $175,000-36.4%$265/sqft |
Source: NTREIS #20960605 Report a problem | ||
| 6/6/2025 | Price change | $275,000+10%$417/sqft |
Source: NTREIS #20960605 Report a problem | ||
| 6/5/2025 | Listed for sale | $250,000$379/sqft |
Source: NTREIS #20960605 Report a problem | ||
| 5/1/2025 | Listing removed | $250,000$379/sqft |
Source: NTREIS #20525428 Report a problem | ||
| 1/3/2025 | Listed for sale | $250,000+25%$379/sqft |
Source: NTREIS #20525428 Report a problem | ||
| 9/9/2024 | Listing removed | $200,000$303/sqft |
Source: NTREIS #20525428 Report a problem | ||
| 7/31/2024 | Price change | $200,000-16.7%$303/sqft |
Source: NTREIS #20525428 Report a problem | ||
| 6/27/2024 | Price change | $240,000-12.7%$364/sqft |
Source: NTREIS #20525428 Report a problem | ||
| 4/19/2024 | Price change | $275,000-6.8%$417/sqft |
Source: NTREIS #20525428 Report a problem | ||
| 2/1/2024 | Listed for sale | $295,000+7.3%$447/sqft |
Source: NTREIS #20525428 Report a problem | ||
| 1/1/2024 | Listing removed | -- |
Source: NTREIS #20339419 Report a problem | ||
| 6/19/2023 | Price change | $275,000-5.8%$417/sqft |
Source: NTREIS #20339419 Report a problem | ||
| 5/26/2023 | Listed for sale | $292,000$442/sqft |
Source: NTREIS #20339419 Report a problem | ||
| 4/5/2023 | Listing removed | -- |
Source: NTREIS #20199676 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,931 +3.6% | $163,304 |
| 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% |
| 2021 | $2,436 +5.5% | $91,636 +3.4% |
| 2020 | $2,309 -3.6% | $88,616 -1.7% |
| 2019 | $2,395 -37.3% | $90,184 -34.1% |
| 2018 | $3,819 +21.1% | $136,829 +22.6% |
| 2017 | $3,154 +43.6% | $111,630 +45.3% |
| 2016 | $2,196 +139.8% | $76,847 +144.7% |
| 2015 | $916 | $31,400 |
| 2014 | $916 | $31,400 |
| 2013 | -- | $31,400 -0.6% |
| 2012 | -- | $31,600 |
| 2011 | -- | $31,600 -0.6% |
| 2010 | -- | $31,800 -21.9% |
| 2009 | -- | $40,700 +21.5% |
| 2008 | -- | $33,500 -21.5% |
| 2007 | -- | $42,700 +12.7% |
| 2006 | -- | $37,900 |
| 2005 | -- | $37,900 |
| 2004 | -- | $37,900 |
| 2003 | -- | $37,900 +36.8% |
| 2002 | -- | $27,700 +22% |
| 2001 | -- | $22,700 +42.8% |
| 2000 | -- | $15,900 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Riverbend
Nearby schools
GreatSchools rating
- 5/10A V Cato Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 4/10Marsh Middle SchoolGrades: 6-8Distance: 0.8 mi
- 3/10Castleberry High SchoolGrades: 9-12Distance: 0.6 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.
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as early as tomorrow at 9:00 am
Contact agent
- Texas
- Tarrant County
- Fort Worth
- 76114
- Riverbend
- 5002 Scott Rd