LKV Realty
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$249,900
$1,150Reward *
242 W Cober Drive, Grand Prairie, TX 75051Listing ID 21345521

242 W Cober Drive, Grand Prairie, TX 75051

Active
Inglewood Terrace
Time on site: 18 daysLast updated: Jul 31, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
4
Bathrooms
Bathrooms
3
Square Feet
Square Feet
1,104
Acres
Acres
0.22
Days on Site
Days on Site
18
Year Built
Year Built
1958
Parking
Parking
Additional Parking, Alley Access, Carport

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 Information

Property Details

Location

Address
242 W Cober Drive
County
Dallas
City
Grand Prairie
Zip Code
75051
Subdivision
Inglewood Terrace
School District
Grand Prairie ISD
High School
South Grand Prairie
Elementary School
Seguin

Interior Features

Beds and Baths

Bedrooms
4
Full Bathrooms
3

Building

Building Information

Square Feet
1,104
Year Built
1958
Construction
Brick
Foundation
Slab
Roof
Composition

Financial

Special Conditions
Standard

Property Taxes

Tax Annual Amount
$7,573
Neven PriceBlue Atlas Realty, (682) 323-0016

Market Report for 75051

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: North Texas Real Estate Information Systems, Inc.
North Texas Real Estate Information Systems, Inc. logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

For corrections to this data please contact Brytecore MLS Support.

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