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$239,000

Listing Price

4beds

3baths

1,104sqft

9,723sqft lot

242 W Cober Dr, Grand Prairie, TX 75051

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

226.36

Price / sqft

1958

Year built

Home Details

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.nnThis 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.nnOutside, 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.nnWhether 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.

Interior Details

Square Feet
  • 1104

Bedrooms
  • 4

Bathrooms
  • 3

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Central

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Gas

Basement
  • Has Basement:

    No

  • Basement Type:

    No Basement

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 9723

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • N/A

Exterior
  • Brick Veneer

Foundation
  • N/A

Roof
  • Hip

Roofing Material
  • Composition Shingle

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2019

$2,866

$33,000

$92,780

--%

$125,780

2019

$2,866

$25,000

$75,410

--%

$100,410

2018

$2,858

$20,000

$77,840

--%

$97,840

2017

$2,146

$17,000

$56,470

--%

$73,470

2016

$2,145

$17,000

$56,470

--%

$73,470

2014

$1,698

$14,000

$46,910

--%

$60,910

2013

$1,692

$14,000

$46,910

--%

$60,910

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Average Home Price in 75051

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$285,000

4 Beds

3 Baths

1,261 Sqft

13,172 Lot (sqft)

Sold 09/29/2026

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
239,000
$
Down payment
47,800
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
1,434
$
HOA (Monthly)
0
$
PMI
0
$
$1,547
Your Payment
Total Monthly Payment:$1,547
Percent of Income:27%
Affordable:Yes

Details for 242 W COBER DR

Property Debt

Foreclosure Contact Details