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
- 110 days |
- 545 |
- 24 |
Zillow last checked:
Listing updated:
Listed by:
Bobby Minor 0681811 623-570-2789,
Elite Real Estate Texas 623-570-2789
Source: NTREIS,MLS#: 21200618
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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: 118 days
Estimated market value
Not available
Estimated sales range
Not available
$1,450/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.All 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Texas
- Tarrant County
- Fort Worth
- 76114
- Riverbend
- 5002 Scott Rd



