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242 W Cober Drive, Grand Prairie, Texas– $239,000
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  • $239k Price
  • 4 Beds
  • 3 Baths
  • 1,104 Sqft
  • .22 Acres
  • 1958 Year Built
  • Study
  • Game Room
  • Media
  • Pool
  • $239k Price
  • 4 Beds
  • 3 Baths
  • 1,104 Sqft
  • .22 Acres
  • 1958 Year Built
  • Study
  • Game Room
  • Media
  • Pool

242 W Cober Drive
Grand Prairie, Texas 75051-4082

County: Dallas Inglewood Terrace

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.

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Tax Value @ 100% of Sales Price, HOA Included
Tax Value @ 85% of Market Value, HOA Not Included

Essential Information

  • Price$239,000
  • Est. Payment /m
  • Reduced By$10,900
  • Cumulative Days on MarketUnlock
  • MLS® #21345521
  • Bedrooms4
  • Bathrooms3.00
  • Square Footage1,104
  • Acres0.22
  • Year Built1958
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StyleRanch
  • StatusActive
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Quick Valuation Analysis from 2 Active and 4 Sold Listings

Pricing Trends from 2 Active Listings in Inglewood Terrace

This Home's Price $239,000 This Home's Price Per SqFt $
Average Price $279,500 Average Price Per SqFt $
Highest Price $319,999 Highest Price Per SqFt $
Lowest Price $239,000 Lowest Price Per SqFt $

Pricing Trends from 4 Sold Listings in Inglewood Terrace

This Home's Price $239,000 This Home's Price Per SqFt $
Average Price $328,500 Average Price Per SqFt $
Highest Price $389,000 Highest Price Per SqFt $
Lowest Price $275,000 Lowest Price Per SqFt $

Property Details

School Information

Community

Amenities

  • GaragesAdditional Parking, Alley Access, Carport

Interior

  • Interior FeaturesCable TV Available, Decorative Lighting, Eat-in Kitchen, High Speed Internet Available, In-Law Suite Floorplan
  • FloorsCeramic Tile, Combination, Tile, Vinyl, Wood Under Carpet

Construction Details / Floorplan

  • Living Areas1
  • Dining Rooms1
  • Full Baths3
  • RoofComposition
  • FoundationSlab
  • ConstructionBrick

Private Listing Information (Registration Required)

Listing Details

  • AgentNeven Price
  • OfficeBlue Atlas Realty

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Listing information last updated on October 26th, 2026 at 12:34pm CDT.