Date
Details
Price
Change
Source
7/30/2026
Listed
$249,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/23
$249,900
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1/23
Property Description
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.
Full Property Details
Full Property Details for 242 W Cober Dr
General
- Price: $249,900
- Taxes: $7,573
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21345521
- Updated: 7/30/2026
- Added to Site: 50 day(s) ago
Interior
- Interior Features: Decorative/Designer Lighting Fixtures, Eat-in Kitchen, High Speed Internet, In-Law Floorplan, Cable TV
- Appliances: Dishwasher, Disposal, Gas Range
- Flooring: Carpet, Combination, Ceramic Tile, Hardwood, Tile, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Parking
- Carports: Yes
- Carport Spaces: 2
- Covered Spaces: 2
- Parking Features: Additional Parking, Alley Access, Carport
Location
- County: Dallas
- Subdivision: Inglewood Terrace
- Driving Directions: GPS
School Information
- Elem School District: Grand Prairie ISD
- Midd School District: Grand Prairie ISD
- High School District: Grand Prairie ISD
- Elementary School: Seguin
- Middle School: Fannin
- High School: South Grand Prairie
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Sewer Available, Water Available, Cable Available
Structural Information
- Property Detached: Yes
- Architectural Style: Ranch, Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Brick
- Roof: Composition
- Stories/Levels: 1
- Living Area: 1,104 Sq. Ft.
- Year Built: 1958
Lot Features
- Lot Size (Acres): 0.223
- Lot Size (Sq. Ft.): 9,713.88
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $7,573
- Terms: Cash, Conventional, 1031 Exchange
Disclosures and Reports
- Legal Description: INGLEWOOD TERRACE BLK 1/1012 LOT 3
- Property ID: 28098500120030000
- Block: 11012
- Lot Number: 3
Listed by Blue Atlas Realty, Neven Price
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Listing agent
— 242 W Cober Dr —
Neven Price
Blue Atlas Realty
682-323-0016
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 242 W Cober Dr
School District:Grand Prairie Independent School District
| Name | Grades | Distance |
|---|---|---|
Ellen Ochoa Stem Academy At Ben Mi 2030 Proctor Street, Grand Prairie, TX 75051 | PK-5 | 0.3 mi |
Ymla At John F Kennedy Middle 2205 Southeast 4th Street, Grand Prairie, TX 75051 | 6-8 | 0.5 mi |
Grand Prairie High School 101 Gopher Blvd, Grand Prairie, TX 75050 | 9-12 | 2.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 242 W Cober Dr
Tax History
Tax History for 242 W Cober Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,207
—
$270,240
-19%
2025
$3,207
-2%
$335,580
13%
2024
$3,259
13%
$295,680
—
2023
$2,895
-18%
$295,680
27%
2022
$3,548
—
$232,760
10%
2021
$3,546
62%
$211,460
68%
2020
$2,189
-24%
$125,780
25%
2019
$2,867
—
$100,410
3%
2018
$2,858
33%
$97,840
33%
2017
$2,147
—
$73,470
—
2016
$2,145
12%
$73,470
13%
2015
$1,911
12%
$65,260
7%
2014
$1,699
—
$60,910
—
2013
$1,693
—
$60,910
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 242 W Cober Dr
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- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 2Total Baths
Listed by Elevated DFW Group (972) 596-9100
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242 W Cober Drive, Grand Prairie, TX 75051 (MLS# 21345521) is a Single Family property with 4 bedrooms and 3 full bathrooms. 242 W Cober Drive is currently listed for $249,900 and was received on July 30, 2026. Want to learn more about 242 W Cober Drive? Do you have questions about finding other Single Family real estate for sale in Southwest Dallas? You can browse all Southwest Dallas real estate or contact a Coldwell Banker agent to request more information.