242 W Cober Dr, Grand Prairie, TX 75051
- $249,900
- 4
- BD
- 3
- BA
- 1,104
- SqFt
- List Price
- $249,900
- Status
- ACTIVE
- MLS#
- 21345521
- Bedrooms
- 4
- Bathrooms
- 3
- Living Area
- 1,104
- Lot Size
- 9,713
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.
/u.realgeeks.media/avignonrealty/header.png)
Additional Information
- Taxes
- $7,573
- Year Built
- 1958
- Interior Features
- Decorative Designer Lighting Fixtures, Eat-In Kitchen, High Speed Internet, In-Law Arrangement, Cable TV
- Roof
- Composition
- Appliances
- Dishwasher, Disposal, Gas Range
- School District
- Grand Prairie Isd
- Elementary School
- Seguin
- High School
- South Grand Prairie
- Middle School
- Fannin
- Sewer
- Public Sewer
- Stories
- 1
- Street Name
- W Cober Dr
- Street Number
- 242
- Water
- Public
- Acres
- 0.22
- County
- Dallas
- Foundation
- Slab
Mortgage Calculator
Listing courtesy of Neven Price from Blue Atlas Realty. Contact: 682-323-0016
Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.
Last updated: