242 W Cober Drive, Grand Prairie, TX 75051

$249,900
  • 242 W Cober Drive, Grand Prairie, TX 75051 Main Photo

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New to the Market Active
BEDS4 BATHS3 full SQUARE FEET1,104 MLS#21345521
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONInglewood Terrace SCHOOLGrand Prairie ISD

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.

242 W Cober Drive | MLS# 21345521

This single family home located at 242 W Cober Drive, Grand Prairie, TX 75051 is currently listed for sale with an asking price of $249,900. This property was built in 1958 and has 4 bedrooms and 3 full baths with 1104 sq. ft. W Cober Drive is located in the Inglewood Terrace subdivision within the Grand Prairie ISD school district. Search Inglewood Terrace real estate on katicrosswhite.kellyrealtors.com today.

Property Features

Property Type: Residential - Single Family
Home Style: Ranch
Lot Size: 0.22 Acres
Roof Type: Composition
Year Built: 1958

Amenities

Cable TV Available
Decorative Lighting
Eat-in Kitchen
High Speed Internet Available
In-Law Suite Floorplan

Feature Descriptions

Appliances: Dishwasher, Disposal, Gas Range
Exterior: Brick
Flooring: Ceramic Tile, Combination, Tile, Vinyl, Wood Under Carpet
Laundry: Full Size W/D Area
Parcel#: 28098500120030000
Parking: Additional Parking, Alley Access, Carport
Parking Notes: Additional Parking, Alley Access, Carport
Utilities: City Sewer, City Water

Local Schools

Elementary School: Seguin
School District: Grand Prairie ISD

Listed By / Shown By

Listed By

Agency Name: Blue Atlas Realty
Agency Contact: 682-323-0016
Agent Name: Neven Price

agent picture

Shown By

Agent Name: Kati Crosswhite
Agent Phone: (254) 855-5511
Agency Title: Kelly, Realtors

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Estimated Payment

$ 629.06 per month $556.17 Principal & Interest $0.00 Property Tax (data not provided by mls) $72.89 Homeowner's Insurance

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