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$249,900

242 W Cober Drive

Grand Prairie, TX 75051

Inglewood Terrace

MLS #: 21345521

4beds
3baths
1,104sqft
0.22acres

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About This Home

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.

Facts & Features

Year Built1958
Property TypeSingle Family Residence
Parking2 total spaces
HOANo
CountyDallas

Schools

ElementarySeguin
Middle SchoolFannin
High SchoolSouth Grand Prairie

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Listing data last updated Sep 8, 2026

Listing data last updated Sep 8, 2026