242 W Cober Dr

Grand Prairie, TX 75051
  • $249,900

    Price
  • 4

    Bed
  • 3

    Bath
  • 1,104

    SqFt

About the Listing BART01 - 0637478

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.

Listing Highlights

Status Active
Days on Site 16
Property Type Residential
MLS ® 21345521
Year Built 1958
Total Square Footage 1,104
Lot/Acreage 0.22
County Dallas
Neighborhood Inglewood Terrace
School District Grand Prairie ISD
Elementary School Seguin
Middle School Fannin
High School South Grand Prairie

Interior Details

  • Bedrooms: 4
  • Bathrooms: 3 Full
  • Appliances: Dishwasher, Disposal, Gas Range
  • Air Cond:
  • Heating:
  • Fireplaces: 0
  • Floor: Ceramic Tile,Combination,Tile,Vinyl,Wood Under Carpet
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: Cable TV Available,Decorative Lighting,Eat-in Kitchen,High Speed Internet Available,In-Law Suite Floorplan,Master on Main
  • Water:

Exterior Details

  • Lot Description: Less Than .5 Acre (not Zero)
  • Garage Capacity: N/A
  • Roof: Composition
  • Others:
  • Sewer:
  • Parking Features: Additional Parking,Alley Access,Carport

Financial Details

  • Tax Amount: $7,573
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 28098500120030000
  • Tax Year: N/A

Payment Calculator

Monthly Payment

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  • in Taxes
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Questions About..

242 W Cober Dr Grand Prairie, TX 75051

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Amy Downs

Expansion Partner | Team Leader | ADT Property Partners | DHS Realty

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