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Active

$239,000

  • 4 beds
  • 3 baths
  • 1,104 sq ft
  • 0.22 acre lot

242 W Cober Drive

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Listing data updated

About this home

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,…

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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.

Bedrooms
4
Bathrooms
3
Living area
1,104 sq ft
Lot size
0.22 acres
Year built
1958
Property type
SingleFamilyResidence
Status
Active
MLS number
21345521

Listing courtesy of Blue Atlas Realty

Office phone 682-323-0016

Estimated monthly cost

Estimated payment based on the assumptions shown. It is not a quote, an approval or a rate offer.

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Location

Facts and features

Interior

Bedrooms
4
Bathrooms
3
Living area
1,104 sq ft

Lot

Lot size
0.22 acres

Building

Year built
1958
Property type
SingleFamilyResidence

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Listing courtesy of Blue Atlas Realty. Information provided by NTREIS

Information is deemed reliable but not guaranteed.

Listing data updated