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5002 Scott Road

$175,000
5002 Scott Road, Fort Worth, TX 76114
5002 Scott Road

5002 Scott Road

$175,000

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.
Bobby Minor
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Features & Amenities

Interior

Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 2
Appliances Electric Cooktop
Other Interior Features Cable TV

Exterior

Stories 1
Water Source Public
Utilities Natural Gas Available, Sewer Available, Water Available, Cable Available
POOL None
Parking Driveway
Sewer Public Sewer

Area & Lot

Status For Sale
LIVING SPACE 660 Sq.Ft.
LOT SIZE 4,878.72 Sq.Ft.
MLS® ID 21128966
Type Residential
Year Built 1940
Architecture Styles Detached
ELEMENTARY SCHOOL Cato
MIDDLE SCHOOL Marsh
HIGH SCHOOL Castleberr
School District Castleberry ISD

Financial

SALES PRICE $175,000
REAL ESTATE TAXES $3,792/yr
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Thank you for your interest in 5002 Scott Road, Fort Worth, TX 76114. We are reviewing your request and will be in touch shortly!

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