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5002 Scott Rd, Fort Worth, TX, 76114

1beds
1baths
660sqft
$139,900
$212price/sqft
$1,356/moest. monthly cost
$54,240/yrincome needed

About This Home

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.

Getting Around

27
WalkingCar-Dependent
0
TransitNo Nearby Transit
57
BikeBikeable

Schools

5/10
3/10
Castleberry High SchoolGrades 8-120.6 mi
3/10
Marsh Middle SchoolGrades 6-80.8 mi

Construction

Condition

  • Year built: 1940

Type & Style

  • Home type: SingleFamily
  • Architectural style: Detached
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Cooktop

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Cable TV

Interior Area

  • Total interior livable area: 660 sqft

Living Room

  • Level: First
  • Dimensions: 1 x 1

Master Bedroom

  • Level: First
  • Dimensions: 1 x 1

Property

Details

  • Parcel number: 05866200
  • Attached to another structure: Yes

Features

  • Levels: One
  • Stories: 1
  • Pool features: None

Lot

  • Lot size: 4,878 sqft

Parking

  • Total spaces: 2
  • Parking features: Driveway
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Carport: Yes
  • Carport spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Hail
Tornado
Cold Wave
Heat Wave
Inland Flooding

FEMA Declared Disasters Across Texas Counties

Fire
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $707$8,484
Home Insurance *$136$1,632
Property Taxes $275$3,300
Electricity $238$2,859
Total$1,356$16,272
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$46,491/yr
40% on housing$40,680/yr
45% on housing$36,160/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.9%
4.9%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -0.7%
-0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$212This listing

vs Other Active Listings

Avg $/sqft

ZIP 76114$163
Tarrant County$194

vs Homes Sold Last Month

Median $/sqft

ZIP 76114$203
Tarrant County$178

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-16Price change$139,900
2026-03-06Listed for sale$159,000
2026-03-05Listing removed$159,900
2026-01-28Price change$159,900
2026-01-12Listed for sale$175,000
2025-12-22Pending sale$175,000
2025-12-15Contingent$175,000
2025-12-15Listed for sale$175,000
2025-12-08Listing removed$175,000
2025-12-01Listed for sale$175,000
2025-11-22Contingent$175,000
2025-10-02Price change$175,000
2025-06-06Price change$275,000
2025-06-05Listed for sale$250,000
2025-05-01Listing removed$250,000
2025-01-03Listed for sale$250,000
2024-09-09Listing removed$200,000
2024-07-31Price change$200,000
2024-06-27Price change$240,000
2024-04-19Price change$275,000
2024-02-01Listed for sale$295,000
2024-01-01Listing removed--
2023-06-19Price change$275,000
2023-05-26Listed for sale$292,000
2023-04-05Listing removed--

For Sale by Agent

AgentBobby Minor
BrokerageElite Real Estate Texas

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