5002 Scott Road Fort Worth, TX 76114
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 660 sqft
Subdivision Deavers Add
MLS Listing ID 21128966
Bedrooms 2
Full Baths 2
HOA Y/N None
Year Built 1940
Annual Tax Amount $3,792
Lot Size 4,878 Sqft
Acres 0.112
Property Sub-Type Single Family Residence
Property Description
5002 Scott Rd offers a rare chance to position yourself early in one of Fort Worth's most desirable and rapidly evolving areas. Located in the River District, this property is ideal for an investor with vision and a long-term strategy.
While the highest and best use will ultimately be a teardown, this property provides a smart interim play. With a modest $5K–$10K investment, it can function as a solid income-producing rental, helping offset holding costs while land values continue to rise.
The real upside lies in the larger picture. This parcel sits alongside a duplex next door and a vacant lot behind it, creating a compelling assemblage opportunity for future redevelopment. Savvy investors and builders will recognize the potential to control multiple adjacent lots in a prime location, setting the stage for a meaningful project when the timing is right.
Buy now, generate income in the short term, and position yourself for a larger play down the road. Opportunities like this in the River District are becoming increasingly rare.
Location
State TX
County Tarrant
Direction Maps App will locate home
Rooms
Dining Room 0
Interior
Interior Features Cable TV Available
Appliance Electric Cooktop
Exterior
Carport Spaces 2
Utilities Available City Sewer, City Water, Natural Gas Available
Garage No
Building
Story One
Level or Stories One
Schools
Elementary Schools Cato
Middle Schools Marsh
High Schools Castleberr
School District Castleberry Isd
Others
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