Property
Beds
2
Full Baths
2
1/2 Baths
None
Year Built
1940
Sq.Footage
660
Investor Opportunity in the Heart of Fort Worth’s River District 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.
Features & Amenities
Interior
-
Total Bedrooms
2
-
Bathrooms
2
-
Basement YN
NO
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
Driveway
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.112
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
Price
-
Sales Price
$175,000
-
Tax Amount
3792.0
-
Sq. Footage
660
-
Price/SqFt
$265
HOA
-
Association
No
School District
-
Elementary School
Cato
-
Middle School
Marsh
-
High School
Castleberr
Property Features
-
Sewer
Public Sewer
-
Tax Lot
16A
-
Water Source
Public
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Location
County
Tarrant
Elementary School
Cato
Middle School
Marsh
High School
Castleberr
Listing Courtesy of Bobby Minor , Elite Real Estate Texas
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