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$229,000
NAL Estimated Property Value117 W Cober Dr, Grand Prairie, TX, 75051
3 Beds
2 Bath
1,442 Sq Ft
Single Family Residence
$151.87 / sqft
Built in 1959Property Lead Type:
Highlights
Interior
Bedrooms 3
Bathrooms Full 1
Garage Available
Heating Central
CoolingExterior
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Land Information
About this property
Calling all Investors! Welcome to an exciting investment opportunity in the heart of Grand Prairie. This 3-bedroom, 1.5-bathroom home is not just a residence; it's a savvy investor's dream. Situated in a mature neighborhood known for its stability and convenience, this property promises not only a roof over your tenant's head but also a promising return on investment. Enjoy immediate returns with a reliable tenant already calling this property home. A stable rental history ensures a consistent income stream for the discerning investor. This property benefits from its proximity to Hwy 161 with all the shopping, restaurants, and entertainment. Tenant lease ends 1.31.24, currently paying $1850. One-layer Roof installed 2018 along with installed Hardie Board Siding, Soffit and Facia, upgraded plumbing. 11 piers installed for foundation Aug. 2022 transferrable 15yr. warranty. The garage was converted into extra living space. Property is being sold, AS IS.
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Learn About the Market: Opportunity in Texas
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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
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Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Grand Prairie
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