Primary listing photo
Listing photo 2

518 Monarch Dr, Lancaster, TX, 75146

3beds
3baths
1,887sqft
$264,900
$140price/sqft
$2,349/moest. monthly cost
$93,960/yrincome needed

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.

Getting Around

29
WalkingCar-Dependent
0
TransitVery Limited Transit
51
BikeBikeable

Schools

Construction

Condition

  • Year built: 2002

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Brick,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Duplex,Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Cooktop,Electric Oven,Disposal,Microwave
  • Laundry features: Washer Hookup,Electric Dryer Hookup

Bedroom

  • Level: First
  • Dimensions: 11 x 9

Bedroom

  • Level: First
  • Dimensions: 11 x 10

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Breakfast Room Nook

  • Level: First
  • Dimensions: 10 x 10

Dining Room

  • Level: First
  • Dimensions: 10 x 10

Features

  • High Speed Internet,Cable TV
  • Window features: Window Coverings

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total interior livable area: 1,887 sqft

Kitchen

  • Level: First
  • Dimensions: 11 x 10

Living Room

  • Level: First
  • Dimensions: 18 x 16

Living Room

  • Level: Second
  • Dimensions: 19 x 18

Master Bedroom

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

Utility Room

  • Features: Utility Room
  • Level: First
  • Dimensions: 0 x 0

Property

Details

  • Parcel number: 360682100A12B0000
  • Attached to another structure: Yes

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Exterior features: Rain Gutters
  • Fencing: Wood

Lot

  • Lot size: 5,227 sqft
  • Features: Interior Lot

Parking

  • Total spaces: 2
  • Parking features: Garage,Garage Faces Rear
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2