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Tarrant, US
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: Elite Real Estate Texas
Feature Highlights
- Family Room
General Features
- Garage:
- Driveway
Public Schools
- School District:
- Castleberry ISD
- Elementary School:
- Cato
- Middle School:
- Marsh
- High School:
- Castleberr
Interior Features
- Beds Total:
- 1
- Interior Features:
- Cable TV Available
- Number Of Living Areas:
- 1
- Baths Full:
- 1
- Room Count:
- 2
Exterior Features and Amenities
- Lot Size:
- Less Than .5 Acre (not Zero)
- Lot Size Area:
- 0.1120
- Lot Size Units:
- Acres
- Parking Features:
- Driveway
- Subdivision Name:
- Deavers Add
Utility Information
- Utilities:
- City Sewer,City Water,Natural Gas Available
Financial
- Unexempt Taxes:
- $3,792.00
- Tax Legal Description:
- DEAVERS ADDITION-FORT WORTH BLOCK 1 LOT 16A
- Transaction Type:
- For Sale
Other Features
- Will Subdivide:
- No
- Structural Style:
- Single Detached
- Possession:
- Closing/Funding
- Parcel Number:
- 05866200
Copyright 2026 NTREIS. All rights reserved. The data relating to real estate for sale on this Web site comes in part from the Internet Data Exchange Program of the NTREIS. Real estate listings held by brokerage firms other than SRE-Sudderth Real Estate includes the name of the listing brokers.
Data last updated: 2026-02-09.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale.
