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$159,900
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Property 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 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.
Full Property Details
Full Property Details for 5002 Scott Rd
General
- Price: $159,900
- Taxes: $3,792
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21128966
- Updated: 1/28/2026
- Added to Site: 77 day(s) ago
Interior
- Interior Features: Cable TV
- Appliances: Electric Cooktop
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Parking
- Carports: Yes
- Carport Spaces: 2
- Parking Features: Driveway
Location
- County: Tarrant
- Subdivision: Deavers Add
- Driving Directions: Maps App will locate home
School Information
- Elem School District: Castleberry ISD
- Midd School District: Castleberry ISD
- High School District: Castleberry ISD
- Elementary School: Cato
- Middle School: Marsh
- High School: Castleberr
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Natural Gas Available, Sewer Available, Water Available, Cable Available
Structural Information
- Architectural Style: Detached
- Structure Type: House
- Detached/Attached: Attached
- Stories/Levels: 1
- Living Area: 660 Sq. Ft.
- Year Built: 1940
Lot Features
- Lot Size (Acres): 0.112
- Lot Size (Sq. Ft.): 4,878.72
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $3,792
Disclosures and Reports
- Legal Description: DEAVERS ADDITION-FORT WORTH BLOCK 1 LOT 16A
- Property ID: 5866200
- Block: 1
- Lot Number: 16A
Listed by Elite Real Estate Texas, Bobby Minor
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Schools
Schools serving 5002 Scott Rd
School District:Castleberry Independent School District
| Name | Grades | Distance |
|---|---|---|
A V Cato Elementary School 4501 Barbara Road, Fort Worth, TX 76114 | PK-5 | 1.2 mi |
Castleberry High School 215 Churchill Rd, Fort Worth, TX 76114 | 9-12 | 0.6 mi |
Marsh Middle School 415 Hagg Dr, Fort Worth, TX 76114 | 6-8 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5002 Scott Rd
Date
Details
Price
Change
Source
1/28/2026
Price Reduced
$159,900
-8.63%
MLS
12/15/2025
Listed
$175,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5002 Scott Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,792
21%
$163,304
—
2023
$3,123
—
$163,304
25%
2023
$3,123
-5%
$130,142
9%
2022
$3,289
35%
$119,474
30%
2021
$2,436
6%
$91,636
3%
2020
$2,309
-40%
$88,616
-35%
2018
$3,819
59%
$136,829
52%
2019
$2,395
-24%
$90,184
-19%
2017
$3,154
44%
$111,630
45%
2016
$2,196
138%
$76,847
145%
2015
$921
1%
$31,400
—
2014
$916
-1%
$31,400
—
2013
$921
—
$31,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5002 Scott Rd
5002 Scott Road, Fort Worth, TX 76114 (MLS# 21128966) is a Single Family property with 1 bedroom and 1 full bathroom. 5002 Scott Road is currently listed for $159,900 and was received on December 15, 2025. Want to learn more about 5002 Scott Road? Do you have questions about finding other Single Family real estate for sale in Fort Worth? You can browse all Fort Worth real estate or contact a Coldwell Banker agent to request more information.

