242 W COBER DRIVE, GRAND PRAIRIE, TX 75051

Homes for sale in Grand Prairie.

Homes for sale in 75051.


Active

List Price$249,900

242 W Cober Drive

Grand Prairie, TX 75051

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21345521

4

Bedrooms

3 full

Bathrooms

1,104

Square Feet

House

Type

About This Property

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.

Property Features

Location Information

County

Dallas

Subdivision

Inglewood Terrace

Interior Features

Rooms

First Floor Bedroom, First Floor Bedroom, First Floor Bedroom, First Floor Kitchen, First Floor Living Room, First Floor Primary Bedroom

Kitchen Description

12 x 13

Interior

Decorative/Designer Lighting Fixtures, Eat-in Kitchen, High Speed Internet, In-Law Floorplan, Cable TV

Has Fireplace

No

Master Bedroom Description

11 x 19

Number of Fireplaces

0

Full Baths

3

Floors

Carpet, Combination, Ceramic Tile, Hardwood, Tile, Vinyl

Living Room Description

11 x 16

Appliances

Dishwasher, Disposal, Gas Range

Exterior Features

Style

Ranch, Detached

Parking Description

Additional Parking, Alley Access, Carport

Stories

1

Garage Spaces

2

Construction

Brick

Pool Description

None

Foundation

Slab

Lot Size in Acres

0.223

Roof

Composition

Lot Size in Sq. Ft.

9,713

Utilities

Sewer Available, Water Available, Cable Available

Is One Story

Yes

School

Elementary School District

Grand Prairie ISD

Jr. High School

Fannin

Elementary School

Seguin

High School

South Grand Prairie

Additional Information

Property Type

SFR

Status

Active

Property SubType 2

House

Has a Home Owners Association

No

Property SubType

Single Family Residence

Tax Annual Amount

7573.0

Year Built

1958

Similar Listings

Mortgage Calculator

$1,166

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$900

Monthly Tax

$208

Monthly Insurance

$58

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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