• Office Phone - 214.572.1400
  • Primary - 214.801.4417

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Reload
 
Listing provided courtesy of Solvent Realty Group- MLS# 21201488MLS ProviderContact Information: Robert Blackman - 214-327-0894

518 Monarch DriveLancaster, TX 75146

Single Family · 3 Beds · 2 Full Baths · 1 Half Bath · 1,887 Sq. ft. | 0.12 Acres
$249,000 Active

518 Monarch Drive Overview

Visits:
8

Located in a quiet cul-de-sac in Lancaster, this well-maintained half duplex offers space, functionality, and strong investment potential. The home features 3 bedrooms, 2 full bathrooms, two spacious living areas, and two dining areas, all designed with an open floor plan that provides comfortable living and easy flow for everyday life. The split-bedroom arrangement offers added privacy, with a generous primary suite that includes a large bathroom featuring a separate shower, relaxing garden tub, and walk-in closet. A two-car garage provides ample parking and storage. This property has been a reliable investment for several years and is currently tenant-occupied on a month-to-month lease, providing immediate rental income with flexibility for the next owner. Conveniently located with easy access to major commuting routes, shopping, and dining, this property presents an excellent opportunity for investors or buyers seeking a home with built-in income potential.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

518 Monarch Drive Facts & Features

  • Type Single Family
  • Sq. ft. 1,887
  • Price/Sq.ft. $132
  • Lot 0.12 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Lancaster ISD
  • Elementary School: Rolling Hills
  • Middle Or Junior School: Lancaster
  • High School: Lancaster

Building Information

  • Year Built: 2002

Location/Region

  • Country: US
  • County Or Parish: Dallas
  • Postal City: LANCASTER
  • Subdivision Name: Monarch

Community/Development

  • Community Features: Curbs,Sidewalks

Tax Information

  • Tax Annual Amount: 6527.0

General Information

  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Parcel Number: 360682100A12B0000
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No

Interior

Parking Information

  • Garage Spaces: 2.0
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total: 3
  • Bedrooms Total: 3

General Information

  • Appliances: Dishwasher,Electric Cooktop,Electric Oven,Disposal,Microwave
  • Basement: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Foundation Details: Slab
  • Interior Features: High Speed Internet,Cable TV
  • Laundry Features: Washer Hookup,Electric Dryer Hookup
  • Levels: Two
  • Living Area: 1887.0
  • Security Features: Smoke Detector(s)
  • Stories: 2
  • Window Features: Window Coverings

Exterior

Parking Information

  • Parking Features: Garage,Garage Faces Rear

Lot Information

  • Lot Features: Interior Lot
  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Square Feet: 5227.2
  • Lot Size Units: Acres
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Traditional
  • Attached Garage: Yes
  • Construction Materials: Brick,Wood Siding
  • Property Attached: Yes
  • Roof: Composition
  • Structure Type: Duplex

General Information

  • Carport: No
  • Covered Spaces: 2.0
  • Exterior Features: Rain Gutters
  • Fencing: Wood
  • Pool Features: None
  • Sewer: Public Sewer
  • Utilities: Sewer Available,Water Available,Cable Available

Room Information

Room: Bedroom

  • Level: First
  • Dimensions: 11 x 9
  • Length: 11.0
  • Width: 9.0

Room: Bedroom

  • Level: First
  • Dimensions: 11 x 10
  • Length: 11.0
  • Width: 10.0

Room: Breakfast Room/Nook

  • Level: First
  • Dimensions: 10 x 10
  • Length: 10.0
  • Width: 10.0

Room: Dining Room

  • Level: First
  • Dimensions: 10 x 10
  • Length: 10.0
  • Width: 10.0

Room: Kitchen

  • Level: First
  • Dimensions: 11 x 10
  • Length: 11.0
  • Width: 10.0

Room: Living Room

  • Level: First
  • Dimensions: 18 x 16
  • Length: 18.0
  • Width: 16.0

Room: Primary Bedroom

  • Level: First
  • Dimensions: 13 x 12
  • Length: 13.0
  • Width: 12.0
  • Features: En Suite Bathroom,Walk-In Closet(s)

Room: Utility Room

  • Level: First
  • Dimensions: 0 x 0
  • Length: 0.0
  • Width: 0.0
  • Features: Utility Room

Room: Living Room

  • Level: Second
  • Dimensions: 19 x 18
  • Length: 19.0
  • Width: 18.0

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

518 Monarch Drive Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

518 Monarch Drive Market Data

Based on the last 30 days in this zip code

$407,717
Average List Price
$191
Average Price per Square Foot
8
Properties Sold
94
Average Days on Market
63
Properties for Sale
Calculations provided by Reliance Network


Prosperity Home Mortgage, LLC

Prosperity Home Mortgage, LLC

When you decide to buy a home or refinance your mortgage, your search should start and end here. At Prosperity Home Mortgage, LLC, we strive to create an extraordinary customer experience through the efforts of knowledgeable and caring mortgage professionals where relationships are valued, and the focus is on treating every client as if they were the only client. Choose a lender you can trust to find the mortgage loan that best suits your needs.


HomeServices Insurance

HomeServices Insurance

HomeServices Insurance is an independent agency that operates through a network of offices located throughout the northern Texas area.  As a full-service operation, we offer a full suite of quality insurance solutions including home, auto, umbrella, and more.  We have established long term relationships with many of the top national and regional carriers in the country, bringing you the power of choice when it comes to your personal insurance needs.