Paragon Realtors Real Estate

5002 Scott RoadFort Worth, TX 76114Price: $139,900

  • Price: $139,900
  • Est. Mortgage of $/month
  • 76 Days on Market
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Federal 30-year interest rate: 6.36% last updated on May 14, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $139,900List Price
  • 1Bedrooms
  • 1Bathrooms
  • 0.11Acreage
  • 660Square Feet

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Listed by Bobby Minor of Elite Real Estate Texas (623-570-2789)
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: oLand Value: $112,600 oCurrent Income: $850-month ($10,200-year) oPost-Renovation Income: $1,200-month ($14,400-year) oDevelopment 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: oFirst-time investors with clear entry point oBRRRR investors seeking value-add oDevelopers assembling parcels oPortfolio 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.

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Based on information submitted to North Texas Real Estate Information Services as of May 20, 2026 10:40 PM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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