I am using create-react-app and hosting in its default port localhost:3000 and want to access this from another device on the same net
Simply run HOST=0.0.0.0 npm run start. Afterwards open the url from another device on the network.
HOST=0.0.0.0 npm run start
In your case, 192.168.0.5:3000 would work.
192.168.0.5:3000
Documentation for setting HOST environment variables.