242 W Cober Dr, Grand Prairie, TX 75051

$249,900
: 4
BD
: 3
BA
: 1,104
SqFt

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List Price: $249,900
MLS#: 21345521
Status: ACTIVE
Type: Single Family Residential
Subtype: Residential
Style: Ranch, Detached
Year Built: 1958
Bedrooms: 4
Full Baths: 3
Acres: 0.22
Living Area: 1,104
County: Dallas
City: Grand Prairie
Subdivision: Inglewood Terrace
Number of Stories: 1
Architecture Style: Ranch, Detached

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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.

972.801.7757

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