5002 Scott Road

Description

INCOME-PRODUCING RIVER DISTRICT LAND PLAYDon'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 equityPATH 2 - VALUE-ADD: Invest $12,500, boost rent to $1,200-month, refinance at $205KPATH 3 - ASSEMBLAGE: Collect rent while positioning for developer premium in 3-property assemblageTHE 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-familyLOCATION: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 exposureINVESTMENT 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.