Courtesy of: Bobby Minor, Elite Real Estate Texas, bobby@bobbyminor.com
Courtesy of: Bobby Minor, Elite Real Estate Texas, bobby@bobbyminor.com
$159,900
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1 bed
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1.00 Bath (1 Full)
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Lot: 0.11 Acres
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Single Family Residence
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$159,900
5002 Scott Road 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 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.
Courtesy of: Bobby Minor, Elite Real Estate Texas, bobby@bobbyminor.com
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