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Mandy Petersen
REALTOR®
(254) 644-8648
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518 Monarch Drive, Lancaster, TX 75146

$269,900
  • 518 Monarch Drive, Lancaster, TX 75146 Main Photo

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New to the Market Active
BEDS3 BATHS2 full 1 partial SQUARE FEET1,887 MLS#21201488
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONMonarch SCHOOLLancaster ISD

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.

518 Monarch Drive | MLS# 21201488

This single family home located at 518 Monarch Drive, Lancaster, TX 75146 is currently listed for sale with an asking price of $269,900. This property was built in 2002 and has 3 bedrooms and 2 full and 1 partial baths with 1887 sq. ft. Monarch Drive is located in the Monarch subdivision within the Lancaster ISD school district. Search Monarch real estate on mandypetersen.kellyrealtors.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Air, Electric
Garage: 2 car attached
Heating: Central, Electric
Home Style: Traditional
Lot Size: 0.12 Acres
Roof Type: Composition
Year Built: 2002

Amenities

Cable TV Available
High Speed Internet Available
Rain Gutters

Feature Descriptions

Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
Days on Site: 3
Exterior: Brick, Wood
Fencing: Wood
Laundry: Electric Dryer Hookup, Full Size W/D Area, Washer Hookup
Lot: Interior Lot
Parcel#: 360682100A12B0000
Parking: Garage, Garage Faces Rear
Parking Notes: Garage, Garage Faces Rear
Utilities: Alley, Cable Available, City Sewer, City Water, Concrete, Curbs, Sidewalk
Window: Window Coverings

Local Schools

Elementary School: Rolling Hills
School District: Lancaster ISD

Listed By / Shown By

Listed By

Agency Name: Solvent Realty Group
Agency Contact: 214-327-0894
Agent Name: Robert Blackman

agent picture

Shown By

Agent Name: Mandy Petersen
Agent Phone: (254) 644-8648
Agency Title: Kelly, Realtors

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Estimate Your Payment

Estimated Payment

$ 679.40 per month $600.68 Principal & Interest $0.00 Property Tax (data not provided by mls) $78.72 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/10/2026. The listing information on this page last changed on 03/10/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 03/10/2026 3:49:15 AM EST) or NTREIS (last updated Mon 03/09/2026 11:48:45 PM EST) or SABOR MLS (last updated Tue 03/10/2026 12:51:57 AM EST) or CTXMLS (last updated Mon 03/09/2026 11:34:29 PM EST). Real estate listings held by brokerage firms other than Kelly, Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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