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$239,000
Listing Price4beds
3baths
1,104sqft
9,723sqft lot
242 W Cober Dr, Grand Prairie, TX 75051
Member Features
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Full foreclosure details
Home value, equity and ownership info
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Already a member?
For Sale
Off Market
Home type
Price / sqft
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
1104
4
3
Has Heating:
Yes
Heating Type:
Central
Has Cooling:
Yes
Cooling Type:
Central
Has Fuel:
Yes
Fuel Type:
Gas
Has Basement:
No
Basement Type:
No Basement
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
9723
Yes
Yes
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
N/A
Brick Veneer
N/A
Hip
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
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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Details for 242 W COBER DR
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Guides for Cober Dr

Dallas real estate market trends continues to be a robust although house prices have fluctuated over the course of the year.




