- Overview
- Description
- Property Details
- Location
- Getting Around
$139,900
1 Bed
1 Bath1 full bath
660sqft
5002 Scott Rd, Fort Worth, TX 76114
$139,900
Get Pre-Approved
Single Family Residence
Built in 1940
$-- HOA
0.11 acre lot
$212/sq.ft
Description
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 la...
- Houzeo last checked: 2 hours ago
- Listing updated: May 14, 2026 at 4:47 pm
- Listing Provided by: Bobby Minor | Elite Real Estate Texas (623) 570-2789
- Source: NTREIS MLS-TX | MLS#: 21200618
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
1
County
City
Neighborhood
Year Built
1940
HOA Fees
-
Finished Area
660 sqft
Lot Size
0.11 acre lot
Basement Area
- sqft
MLS Name
NTREIS MLS
MLS Number
21200618
MLS Status
Active
Cumulative Days on Market
77
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
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New York State Fair Housing Notice.
