ALL FORT WORTH HOMES
166 DAYSSINGLE FAMILY · DEAVERS ADD

$149,900

5002 Scott Road, Fort Worth, TX 76114
1 BD · 1 BA · 660 SQFT · BUILT 1940 · $227/SQFT

Deavers Add, Fort Worth — 166 days on the market.

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.

01 — THE NUMBERS
DAYS ON MARKET
166
$ / SQFT
$227
PROPERTY TYPE
Single family
YEAR BUILT
1940
STATUS
Pending
LISTED
MAR 10
LOT
0.112 AC
02 — KNOW THE CITY
Fort WorthFULL CITY REPORT →
THIS HOME VS CITY MEDIAN ACTIVE LIST ($395K · NTREIS)
-62% VS MEDIANFORT WORTH ISD · TARRANT COUNTY · 35 MIN TO DT DALLAS
03 — SCHOOLS
Schools reported for this listing

Schools reported by this listing’s MLS record. School assignments and boundaries can change. Verify the specific address with the district.

ELEMENTARYCato
MIDDLEMarsh
HIGHCastleberr
DISTRICTCastleberry ISD
AS REPORTED ON THE MLS RECORD — NOT A BOUNDARY DETERMINATION
LISTING COURTESY OF ELITE REAL ESTATE TEXASMLS# 21200618 · NTREIS
LAST UPDATED AUG 12, 2026, 12:27 PM CT · NTREIS IDX · LISTING INFORMATION PROVIDED BY NORTH TEXAS REAL ESTATE INFORMATION SYSTEMS, INC. (NTREIS). INFORMATION IS DEEMED RELIABLE BUT IS NOT GUARANTEED AND SHOULD BE INDEPENDENTLY VERIFIED. DATA MAY NOT REFLECT ALL REAL ESTATE ACTIVITY IN THE MARKET. COPYRIGHT NTREIS. ALL RIGHTS RESERVED.
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