242 W Cober Drive
Grand Prairie, TX, 75051
$249,900
4 Beds
3 Baths
1,104 SqFt
0.22 Acres
MLS #21345521 image #0

Location

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&#39're expanding your portfolio or completing a 1031 exchange, this is a true turnkey, income-producing investment with stable cash flow from day one.

Questions? I’m here to help!
Aaron Layman
Aaron Layman Properties
Call Now: 940-209-2100

Property Details

Price:
$249,900
MLS #:
21345521
Status:
Active
Beds:
4
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Inglewood Terrace
Listed Date:
Jul 30, 2026
Finished Sq Ft:
1,104
Lot Size:
9,713 sqft / 0.22 acres (approx)
Year Built:
1958
Inglewood TerraceGrand Prairie IsdSeguinFanninSouth Grand Prairie

Schools

School District:
Grand Prairie ISD
Elementary School:
Seguin
Middle School:
Fannin
High School:
South Grand Prairie

Interior

Bathrooms Full
3
Flooring
Ceramic Tile, Combination, Tile, Vinyl, Wood Under Carpet
Interior Features
Cable TV Available, Decorative Lighting, Eat-in Kitchen, High Speed Internet Available, In- Law Suite Floorplan
Number Of Living Areas
1

Exterior

Carport Spaces
2
Construction Materials
Brick
Lot Size Area
0.2230

Financial

Questions? I’m here to help!
Aaron Layman
Aaron Layman Properties
Call Now: 940-209-2100

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Aaron a full-service broker serving the Northern DFW Metroplex. Aaron has two decades of experience in the real estate industry working with buyers, sellers and renters.

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Community

Subdivisions in Grand Prairie

Market Summary

Current real estate data for Single Family in Grand Prairie as of Aug 01, 2026
430
Single Family Listed
72
Avg DOM
181
Avg $ / SqFt
$426,911
Avg List Price

Property Summary

    Located in the Inglewood Terrace subdivision, 242 W Cober Drive Grand Prairie TX is a Single Family for sale in Grand Prairie, TX, 75051. It is listed for $249,900 and features 4 beds, 3 baths, and has approximately 1,104 square feet of living space, and was originally constructed in 1958. The current price per square foot is $226. The average price per square foot for Single Family listings in Grand Prairie is $181. The average listing price for Single Family in Grand Prairie is $426,911. To schedule a showing of MLS#21345521 at 242 W Cober Drive in Grand Prairie, TX, contact your Aaron Layman Properties agent at 940-209-2100.
242 W Cober Drive
Grand Prairie, TX