242 W Cober Drive Grand Prairie, TX $ 249,900
242 W Cober Drive
$ 249,900
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242 W Cober Drive

Grand Prairie, TX, 75051
$ 249,900
Bedrooms4 Baths3.0 Sq 1,104

Monthly Estimate*

$ 1,578

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Single Family Home for sale in Grand Prairie, TX

for $249,900 with 4 bedrooms and 3 full baths. This 1,104 square foot home was built in 1958 on a lot size of 0.223.

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.

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Single Family Active

Price

$ 249,900

Bedrooms

4

Full Bath

3

Property Type

Single Family

Taxes

$ 7,573

Style

Ranch

Lot Size

0.223

Year Built

1958

Town/City

Grand Prairie

County/Region

Dallas

MLS | Web ID

21345521

Features
Interior
Interior Features Cable TV Available Decorative Lighting Eat-in Kitchen High Speed Internet Available In-Law Suite Floorplan
Flooring Ceramic Tile Combination Tile Vinyl Wood Under Carpet
Basement Y/N 0
Dining Areas 1
Living Areas 1
Half Baths 0
Total Bedrooms 4
Total Baths 3
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Exterior
Waterfront 0
Parking Features Additional Parking Alley Access Carport
Lot Size Less Than .5 Acre (not Zero)
Foundation Slab
Structural Style Single Detached
Garage Y/N 0
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General
Utilities City Sewer City Water
Possession Subject to Lease
Roof Composition
Appliances Dishwasher Disposal Gas Range
School District Grand Prairie ISD
Pool Y/N 0
Year Built 1958
Architectural Style Ranch
Levels One
Property Subtype Single Family Residence
Subdivision Name Inglewood Terrace
Transaction Type For Sale
County Dallas
Property Type Residential
Construction Materials Brick
HOA Type None
Full Baths 3
Status Active
Directions GPS
City Grand Prairie
Elementary School Name Seguin
High School South Grand Prairie
Elementary School Seguin
Standard Status Active
Listing Terms 1031 Exchange Cash Conventional
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Internal Only
Street Number 1 242
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* Excluded Features
List By
Neven Price

Listing Agent

Blue Atlas Realty

Broker

Affordability Calculator

$2,209
Per Month
71%
29%
0%
Monthly Principal & Interest
$1,578
Monthly Property Taxes
$631
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3936336 Elementary School
3672407 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/30/2026$249,900 Listed Price

Map


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242 W Cober Drive, Grand Prairie, TX, 75051 is a Single Family Home for sale at $249,900 with 1,104 sqft and a lot size of 0.223. 242 W Cober Drive has 4 bedrooms, 3.0 baths, and was built in 1958. The property's zip code is 75051 which is in Grand Prairie, TX