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About This Home

This 1-bedroom, 1-bathroom single family at 5002 Scott Road in Fort Worth, TX is listed for $139,900 ($212 per sqft). Built in 1940, the home offers 660 sqft of living space on a 0.11 acres lot.

Agent 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, b

oost 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.

Key Features

  • Built in 1940
  • 0.11 acre lot

Property Details

1 story
1 full
1940

Monthly Cost Estimate

$748/mo

20% down · 6.5% · 30 years

Principal$101
Interest$606
Insurance$41

Estimates only. Actual payments may vary.

Location

5002 Scott Road

Fort Worth, TX 76114

Deavers Add

Features & Amenities

Interior Features

Cable Tv Available

Property Details

Parking

Driveway

Appliances

CooktopCooktop - Electric

Questions & Answers

This 1-bedroom, 1-bathroom single family at 5002 Scott Road is listed at $139,900 ($212/sqft). The estimated monthly payment is $606 based on 20% down at 6.5% interest.

Key features include: Built in 1940, 0.11 acre lot. Interior Features: Cable Tv Available.

This property is listed by Bobby Minor and can be reached at 6235702789 or bobby@bobbyminor.com.

BM

Bobby Minor

Agent at Elite Real Estate Texas

(623) 570-2789

Listed by Elite Real Estate Texas · View on Broker Site

MLS# 21200618· Source: listhub· Updated today

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5002 Scott Road, Fort Worth, TX 76114

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