242 W COBER DRIVE, GRAND PRAIRIE, TX 75051
Homes for sale in Grand Prairie.
Homes for sale in 75051.
List Price$249,900
242 W Cober Drive
Grand Prairie, TX 75051
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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