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$239,000
Monthly Est:$1,190
4 Beds
- 3 Baths
3 full baths
1,104sqft
242 W Cober Dr, Grand Prairie, TX 75051
$239,000
$1,190/moEst:
Get Pre-Approved
Single Family Residence
Built in 1958
$-- HOA
0.22 acre lot
$216/sq.ft
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.
- Houzeo last checked: 3 minutes ago
- Listing updated: September 22, 2026 at 7:14 pm
- Listing Provided by: Neven Price (817) 819-6211 | Blue Atlas Realty (682) 323-0016
- Source: NTREIS MLS-TX | MLS#: 21345521

Property Details
Status
Active
Type
Single Family Residence
No. of Stories
1
County
City
Neighborhood
--
Year Built
1958
HOA Fees
-
Finished Area
1,104 sqft
Lot Size
0.22 acre lot
Basement Area
- sqft
MLS Name
NTREIS MLS
MLS Number
21345521
MLS Status
Active
Cumulative Days on Market
54

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 3
LivingRoom
Level: First
Area: 176.00 Square Feet
Dimensions: 11 x 16
Kitchen
Level: First
Area: 156.00 Square Feet
Dimensions: 12 x 13
Bedroom
Level: First
Area: 121.00 Square Feet
Dimensions: 11 x 11
Bedroom
Level: First
Area: 143.00 Square Feet
Dimensions: 11 x 13
Bedroom
Level: First
Area: 110.00 Square Feet
Dimensions: 10 x 11
PrimaryBedroom
Level: First
Area: 209.00 Square Feet
Dimensions: 11 x 19
Interior
Sewer
Public Sewer
Appliances
Dishwasher, Disposal, Gas Range
Flooring
Carpet, Combination, Ceramic Tile, Hardwood, Tile, Vinyl
Interior Features
Decorative Designer Lighting Fixtures, Eat In Kitchen, High Speed Internet, In Law Floorplan, Cable Tv
Construction
Year Built
Year Built: 1958
Home type
Single Family Residence
Foundation Details
Slab
Architectural Style
Ranch, Detached
Roof
Composition
Construction Materials
Brick
Utilities & Energy
Parking Features
Additional Parking, Alley Access, Carport
Pool Features
None
Water Source
Public
Utilities
Sewer Available, Water Available, Cable Available
Other Features
Subdivision Name
Inglewood Terrace
Price History
| Date | Event | Price |
|---|---|---|
07/30/2026 Source: | Listed for Sale | $249,900 +4.56% $226/sqft |
07/30/2026 Source: | Price Decreased | $239,000 -4.36% $216/sqft |
07/30/2026 Source: | Price Decreased | $249,900 -30.58% $226/sqft |
09/02/2025 Source: | Listing Removed | $360,000 $326/sqft |
09/01/2025 Source: | Listed for Sale | $360,000 +9.09% $326/sqft |
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Based on information from the North Texas Real Estate Information Systems, Inc., through Nov 07, 2026, 08:30PM. Information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. ©2026 North Texas Real Estate Information Systems, Inc. All Rights Reserved.
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