242 W Cober Drive, Grand Prairie, Texas, 75051

Listed by Blue Atlas Realty, Neven Price, 817-437-0403
$239,000
1,104 Sqft
0.22 Acres
4 bd
3 ba
#21345521
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 FEATURES

  • Utilities : City Sewer,City Water
  • Parking Features: Additional Parking,Alley Access,Carport
  • 2 Carport Spaces
  • 2 Covered Spaces
  • Lot Features : Composition
  • Architectural Style : Ranch
  • Structural Style : Single Detached
  • Construction Materials: Brick
  • Foundation Details: Slab
  • Interior Features: Cable TV Available,Decorative Lighting,Eat-in Kitchen,High Speed Internet Available,In-Law Suite Floorplan
  • Appliances : Dishwasher,Disposal,Gas Range
  • Flooring : Ceramic Tile,Combination,Tile,Vinyl,Wood Under Carpet
  • LaundryFeatures : Full Size W/D Area
  • Levels : One
  • Green Verification Count : 0
PROPERTY DETAILS
ID: 21345521
Status: Active
Price: $239,000
Acres: 0.22 Acres
Price Per Acre: $1,071,749
Type: Single Family / Detached
Address: 242 W Cober Drive
City, State: Grand Prairie, Texas
County: Dallas
Zip Code: 75051
Lat/Long: 32.716839, -97.006827
Presented By: Neven Price
Phone: 817-437-0403
Email: Click to Contact