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NEW — 0 DAYSSINGLE FAMILY · INGLEWOOD TERRACE

$249,900

242 W Cober Drive, Grand Prairie, TX 75051
4 BD · 3 BA · 1,104 SQFT · BUILT 1958 · $226/SQFT

New to the Grand Prairie market — day 1 on the books.

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.

01 — THE NUMBERS
DAYS ON MARKET
0
$ / SQFT
$226
PROPERTY TYPE
Single family
YEAR BUILT
1958
STATUS
Active
LISTED
OCT 4
LOT
0.223 AC
02 — KNOW THE CITY
Grand PrairieFULL CITY REPORT →
THIS HOME VS CITY MEDIAN ACTIVE LIST ($375K · NTREIS)
-33% VS MEDIANGRAND PRAIRIE ISD · DALLAS COUNTY · 15 MIN TO DT DALLAS
03 — SCHOOLS
Schools reported for this listing

Schools reported by this listing’s MLS record. School assignments and boundaries can change. Verify the specific address with the district.

ELEMENTARYSeguin
MIDDLEFannin
HIGHSouth Grand Prairie
DISTRICTGrand Prairie ISD
AS REPORTED ON THE MLS RECORD — NOT A BOUNDARY DETERMINATION
LISTING COURTESY OF BLUE ATLAS REALTYMLS# 21345521 · NTREIS
LAST UPDATED JUL 30, 2026, 4:11 PM CT · NTREIS IDX · LISTING INFORMATION PROVIDED BY NORTH TEXAS REAL ESTATE INFORMATION SYSTEMS, INC. (NTREIS). INFORMATION IS DEEMED RELIABLE BUT IS NOT GUARANTEED AND SHOULD BE INDEPENDENTLY VERIFIED. DATA MAY NOT REFLECT ALL REAL ESTATE ACTIVITY IN THE MARKET. COPYRIGHT NTREIS. ALL RIGHTS RESERVED.
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