518 Monarch Drive, Lancaster, TX 75146

Lancaster
Local realty services provided by:Better Homes and Gardens Real Estate Edwards & Associates
518 Monarch Drive,Lancaster, TX 75146
$249,000
  • 3 Beds
  • 3 Baths
  • 1,887 sq. ft.
  • Single family
  • Active
Listed by: robert blackman
Office: solvent realty group
MLS#:21201488
Source:GDAR

Price summary

  • Price:$249,000
  • Price per sq. ft.:$131.96

About this home

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.

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Home facts

  • Year built:2002
  • Subdivision & Development:Monarch
  • Listing ID #:21201488
  • Added:149 day(s) ago
  • Updated:August 04, 2026 at 11:35 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:3
  • Full bathrooms:2
  • Half bathrooms:1
  • Kitchen Description:Dishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
  • Living area:1,887 sq. ft.

Heating and cooling

  • Cooling:Central Air, Electric
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Roof:Composition
  • Year built:2002
  • Building area:1,887 sq. ft.
  • Lot area:0.12 Acres
  • Lot Features:Interior Lot
  • Architectural Style:Traditional
  • Construction Materials:Brick, Wood Siding
  • Foundation Description:Slab
  • Levels:2 Story

Schools

  • High school:Lancaster
  • Middle school:Lancaster
  • Elementary school:Rolling Hills

Finances and disclosures

  • Price:$249,000
  • Price per sq. ft.:$131.96
  • Tax amount:$6,527

Features and amenities

  • Appliances:Dishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
  • Amenities:Smoke Detectors, Window Coverings

Parking

  • Garage:Yes
  • Garage spaces:2
MLS LogoInformation provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated August 4, 2026 Listings with the NTREIS logo are listed by brokerages other than Better Homes and Gardens Real Estate Edwards & Associates.

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