242 W Cober Drive, Grand Prairie, TX 75051
Local realty services provided by:Better Homes and Gardens Real Estate Senter, REALTORS(R)
Listed by: neven price
Office: blue atlas realty
MLS#:21345521
Source:GDAR
Price summary
- Price:$249,900
- Price per sq. ft.:$226.36
About this home
Turnkey Investment Opportunity – Tenant in Place Through 04.28.2027! This cash-flowing rental is an excellent addition to any investment portfolio, currently leased at $2,150 per month with a Gross Rent Multiplier (GRM) of approximately 9.69. Enjoy immediate rental income with an established tenant already in place, eliminating vacancy and lease-up costs.
This well-maintained 4-bedroom, 3-bath home offers features that continue to attract and retain quality tenants. The updated kitchen and bathrooms include stainless steel appliances, including a refrigerator, range, and dishwasher, while a full-size washer and dryer are also included for added tenant convenience. The spacious primary suite features a private ensuite bath and built-in wardrobes, with generous secondary bedrooms providing flexibility for families or roommates.
Outside, the property offers a covered carport, fully fenced backyard, inviting front porch, and ample guest parking. Conveniently located with easy access to major highways, shopping, dining, and employment centers, this property is positioned in a strong rental market.
Whether you're expanding your portfolio or completing a 1031 exchange, this is a true turnkey, income-producing investment with stable cash flow from day one....
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Home facts
- Year built:1958
- Subdivision & Development:Inglewood Terrace
- Listing ID #:21345521
- Added:45 day(s) ago
- Updated:September 14, 2026 at 11:55 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Carpet, Ceramic Tile, Combination, Hardwood, Tile, Vinyl
- Kitchen Description:Dishwasher, Disposal, Gas Range
- Living area:1,104 sq. ft.
Structure and exterior
- Roof:Composition
- Year built:1958
- Building area:1,104 sq. ft.
- Lot area:0.22 Acres
- Architectural Style:Ranch
- Construction Materials:Brick
- Foundation Description:Slab
- Levels:1 Story
Schools
- High school:South Grand Prairie
- Middle school:Fannin
- Elementary school:Seguin
Finances and disclosures
- Price:$249,900
- Price per sq. ft.:$226.36
- Tax amount:$7,573
Features and amenities
- Appliances:Dishwasher, Disposal, Gas Range
Parking
- Carport spaces:2
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