518 Monarch Dr, Lancaster, TX 75146

$249,000
3
BD
3
BA
1,887
SqFt

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List Price
$249,000
Price Change
▼ $10,900 1781125670
MLS#
21201488
Status
ACTIVE
Type
Single Family Residential
Subtype
Residential
Style
Traditional
Year Built
2002
Bedrooms
3
Full Baths
2
Half Baths
1
Acres
0.12
Living Area
1,887
County
Dallas
City
Lancaster
Subdivision
Monarch
Number of Stories
2
Architecture Style
Traditional

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.

Additional Information

Unexempt Taxes
$6,527
Lot Size
5,227
Acres
0.12
Lot Description
Irregular Lot
Interior Features
High Speed Internet, Cable TV
Foundation
Slab
Roof
Composition
Stories
2
Pool Features
None
Exterior
Rain Gutters
Garage Spaces
2
Parking Garage
Garage, Garage Faces Rear
School District
Lancaster Isd
Elementary School
Rolling Hills
Middle School
Lancaster
High School
Lancaster
Possession
CloseOfEscrow, SubjectToTenantRights
Community Features
Curbs, Sidewalks

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Calculator source: Real Geeks

Listing courtesy of Robert Blackman from Solvent Realty Group. Contact: 214-327-0894