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.
Est. $1,436 per month, based on comparable rentals
Sale and tax history for 5002 Scott Rd
Sale History
Tax History
Date
Event
Price
Public Records
Sep 1, 2026
Sold
*
NTREIS #21200618
Aug 31, 2026
Sold
*
Aug 12, 2026
Pending
—
Aug 5, 2026
Price Changed
$149,900
$227/sq ft
Apr 16, 2026
Price Changed
$139,900
$212/sq ft
Feb 26, 2026
Listed
$159,000
$241/sq ft
NTREIS #21128966
Mar 4, 2026
Listing Removed
—
Jan 28, 2026
Price Changed
$159,900
$242/sq ft
Dec 15, 2025
Contingent
—
Dec 5, 2025
Listed
$175,000
$265/sq ft
NTREIS #20960605
Dec 5, 2025
Listing Removed
—
Nov 21, 2025
Contingent
—
Oct 2, 2025
Price Changed
$175,000
$265/sq ft
Jun 6, 2025
Price Changed
$275,000
$417/sq ft
Jun 5, 2025
Listed
$250,000
$379/sq ft
NTREIS #20525428
Apr 30, 2025
Listing Removed
—
Jan 3, 2025
Price Changed
$250,000
$379/sq ft
Dec 31, 2024
Listing Removed
—
Jul 30, 2024
Price Changed
$200,000
$303/sq ft
Jun 26, 2024
Price Changed
$240,000
$364/sq ft
Apr 19, 2024
Price Changed
$275,000
$417/sq ft
Feb 1, 2024
Listed
$295,000
$447/sq ft
NTREIS #20339419
Dec 31, 2023
Listing Removed
—
Jun 18, 2023
Price Changed
$275,000
$417/sq ft
May 26, 2023
Listed
$292,000
$442/sq ft
NTREIS #20199676
Mar 31, 2023
Listing Removed
—
Nov 3, 2022
Listed
$275,000
$417/sq ft
NTREIS #20052305
Sep 30, 2022
Listing Removed
—
May 9, 2022
Listed
$350,000
$530/sq ft
Public Records
Jul 25, 2000
Sold
*
Public Records
Jan 1, 1985
Sold
*
Year
Property tax
Land + Additions
Assessment*
2025
$3,931 (+3.6%)
$122,250 + $41,054
$163,304
2024
$3,792 (+21.4%)
2023
$3,123 (−5.0%)
$83,130 + $47,012
$130,142
2022
$3,289 (+35.0%)
$50,000 + $69,474
$119,474
2021
$2,436 (+5.5%)
$50,000 + $41,636
$91,636
2020
$2,309 (−3.6%)
$50,000 + $38,616
$88,616
2019
$2,395 (−37.3%)
$50,000 + $40,184
$90,184
2018
$3,819 (+21.1%)
$100,000 + $36,829
$136,829
2017
$3,154 (+43.6%)
$70,000 + $41,630
$111,630
2016
$2,196 (+138.7%)
$70,000 + $41,630
$111,630
2015
$920 (+0.5%)
$70,000 + $6,847
$76,847
2014
$915 (−0.6%)
$16,400 + $15,000
$31,400
2013
$921 (−1.9%)
$16,400 + $15,000
$31,400
2012
$938
$16,400 + $15,000
$31,400
2011
$938 (−0.3%)
$16,400 + $15,200
$31,600
2010
$941
$16,400 + $15,200
$31,600
Public record
Public record
Zoning
Beds
2
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
4,890 Sq. Ft.
Year renovated
1975
Sq. Ft.
660
Year built
1940
Style
Single Family Residential
County
Tarrant County
APN
05866200
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 18, 2026.
B
Two-Family District
It is the purpose of the two-family (B) district to provide a specific zone for the development of a maximum of two dwelling units upon a single lot and such uses accessory thereto.
Permitted uses
Include but are not limited to:
Community / recreation center
Religious facility
Housing-Single unit
Housing-Multiple units
Public service
Educational/school
Library
Museum / gallery
Golf related
Park & open space
Property details
Parking
Parking Information
Carport Spaces: 2
Covered Spaces: 0
Parking Features: Driveway
Interior
Virtual Tour
Bathroom Information
Bathrooms Full: 1
Bathrooms Total Decimal: 1
Bathrooms Total Integer: 1
Bedroom Information
Bedrooms Total: 1
Fireplace Information
Fireplaces Total: 0
Interior Features
Room Count: 2
Appliances: Electric Cooktop
Number Of Living Areas: 1
Number Of Dining Areas: 0
Living Area: 660.00
Levels: One
Interior Features: Cable TV Available
Room 1 Information
Room Type: Primary Bedrm
Room Level: 1
Room Dimensions: 1 x 1
Room Length: 1.00
Room Width: 1.00
Room 2 Information
Room Type: Living Room
Room Level: 1
Room Dimensions: 1 x 1
Room Length: 1.00
Room Width: 1.00
Exterior
Lot Information
Lot Size: Less Than .5 Acre (not Zero)
Lot Size Acres: 0.1120
Lot Size Area: 0.1120
Lot Size Square Feet: 4878.7200
Lot Size Units: Acres
Parcel Number: 05866200
RATIO List Price By Lot Size Acr: 1338392.85714
Will Subdivide: No
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Accessibility Features YN: No
Property Attached YN: Yes
Multi Parcel IDYN: No
Property Key: 48439|05866200|1|75067564
Property Match: APN
US Property MUI: 402165199
Building Information
Year Built: 1940
Smart Home Features Appor Pass Y: No
Financial
Tax Information
Tax Block: 1
Tax Legal Description: DEAVERS ADDITION-FORT WORTH BLOCK 1 LOT 16A
Tax Lot: 16A
Unexempt Taxes: 3792
Financial Information
Buyer Financing: Cash
Loan Type: Treat As Clear
Second Mortgage YN: No
Utilities
Utility Information
Municipal Utility District YN: No
Utilities: City Sewer, City Water, Natural Gas Available
Location
HOA Information
Association Type: None
School Information
Elementary School: Cato
Elementary School Name: Cato
High School Name: Castleberr
Middle School Name: Marsh
School District: Castleberry ISD
Location Information
County Or Parish: Tarrant
Country: United States
Directions: Maps App will locate home
Latitude: 32.75470700
Longitude: -97.39743400
Geocode Confidence: High
Subdivision Name: Deavers Add
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 660
Stories: 1.0
Lot Size: 4,890 square feet
Style: Single Family Residential
Year Built: 1940
Year Renovated: 1975
County: Tarrant County
APN: 05866200
Home facts updated by county records on Sep 18, 2026
Originating System Name: North Texas Real Estate Information Systems
Photos Count: 5
Possession: Closing/Funding
Seller Contributions: 0
Special Listing Conditions: Standard
Standard Status: Closed
Third Party Assistance Program Y: No
Transaction Type: For Sale
Listing Date Information
Days On Market: 166
Cumulative Days On Market: 166
Close Date: 2026-08-31
Purchase Contract Date: 2026-08-11
Listing Contract Date: 2026-02-26
Off Market Date: 2026-08-11
Price Change Timestamp: 2026-08-05T13:28:47.793
Status Change Timestamp: 2026-09-02T13:24:29.107
Listing Price Information
Original List Price: 159000.00
Previous List Price: 139900.00
List Price: 149900.00
RATIO Close Price By Lot Size Ac: 1250000.00000
RATIO Current Price By Lot Size: 1250000.00000
Around this home
Schools
A V Cato Elementary School
Public PreK-5 • Assigned • 1.2mi
5/10
Marsh Middle School
Public 6-8 • Assigned • 0.8mi
4/10
Castleberry High School
Public 9-12 • Assigned • 0.6mi
3/10
Provided by GreatSchools
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