242 W Cober DR, Grand Prairie, TX 75051
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242 W Cober DR, Grand Prairie, TX 75051
242 W Cober DR, Grand Prairie, TX 75051
242 W Cober DR, Grand Prairie, TX 75051
242 W Cober DR, Grand Prairie, TX 75051
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$ 239,000
Est. payment /mo
Active

242 W Cober DR Grand Prairie, TX 75051

4 Beds

3 Baths

1,104 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,104 sqft

Subdivision Inglewood Terrace

MLS Listing ID 21345521

Style Ranch,Detached

Bedrooms 4

Full Baths 3

HOA Y/N No

Year Built 1958

Annual Tax Amount $7,573

Lot Size 9,713 Sqft

Acres 0.223

Property Sub-Type Single Family Residence

Property Description

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.

Location

State TX

County Dallas

Direction GPS

Interior

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

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

Fireplace No

Appliance Dishwasher, Disposal, Gas Range

Exterior

Parking Features Additional Parking, Alley Access, Carport

Carport Spaces 2

Pool None

Utilities Available Sewer Available, Water Available, Cable Available

Water Access Desc Public

Roof Type Composition

Garage No

Private Pool No

Building

Dwelling Type House

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories One

Schools

Elementary Schools Seguin

Middle Schools Fannin

High Schools South Grand Prairie

School District Grand Prairie Isd

Others

Tax ID 28098500120030000

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21345521


North Texas Real Estate Info Systems (NTREIS) / WACO Association of Realtors
Listed by  Neven Price • Blue Atlas Realty
Kameela Winters

Kameela Winters

Real Estate Agent | New Construction Specialist License ID: 0791512

+1(817) 210-8325

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242 W Cober DR