518 Monarch Drive, Lancaster, TX 75146
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518 Monarch Drive, Lancaster, TX 75146
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Chrissy Earls

Chrissy Earls

+1(903) 227-2557
$ 264,900
Est. payment /mo
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518 Monarch Drive Lancaster, TX 75146

3 Beds

3 Baths

1,887 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,887 sqft

Subdivision Monarch

MLS Listing ID 21201488

Style Traditional

Bedrooms 3

Full Baths 2

Half Baths 1

HOA Y/N None

Year Built 2002

Annual Tax Amount $6,527

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type Single Family Residence

Property Description

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.

Location

State TX

County Dallas

Direction I-35 South to Beltline Rd, make left. Travel 1.5 miles, Monarch on the left - U turn, then make right, Property on the right.

Rooms

Dining Room 2

Interior

Interior Features Cable TV Available, High Speed Internet Available

Heating Central, Electric

Cooling Central Air, Electric

Appliance Dishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave

Heat Source Central, Electric

Laundry Electric Dryer Hookup, Full Size W/D Area, Washer Hookup

Exterior

Exterior Feature Rain Gutters

Garage Spaces 2.0

Fence Wood

Utilities Available Alley, Cable Available, City Sewer, City Water, Concrete, Curbs, Sidewalk

Roof Type Composition

Total Parking Spaces 2

Garage Yes

Building

Lot Description Interior Lot

Story Two

Foundation Slab

Level or Stories Two

Structure Type Brick,Wood

Schools

Elementary Schools Rolling Hills

Middle Schools Lancaster

High Schools Lancaster

School District Lancaster Isd

Others

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
©2026 North Texas Real Estate Information Systems.
Listed by Robert Blackman • Solvent Realty Group
Chrissy Earls

Chrissy Earls

Agent | License ID: 0703348

+1(903) 227-2557

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518 Monarch Drive