Location
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.
Property Details
Price:
$249,000
MLS #:
21201488
Status:
Active
Beds:
3
Baths:
2.1
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Monarch
Listed Date:
Mar 7, 2026
Finished Sq Ft:
1,887
Lot Size:
5,227 sqft / 0.12 acres (approx)
Year Built:
2002
Schools
School District:
Lancaster ISD
Elementary School:
Rolling Hills
Middle School:
Lancaster
High School:
Lancaster
Interior
Bathrooms Full
2
Bathrooms Half
1
Cooling
Central Air, Electric
Heating
Central, Electric
Interior Features
Cable TV Available, High Speed Internet Available
Number Of Living Areas
2
Exterior
Construction Materials
Brick, Wood
Exterior Features
Rain Gutters
Fencing
Wood
Garage Length
20
Garage Spaces
2
Garage Width
20
Lot Size Area
0.1200
Financial
See this Listing
Aaron a full-service broker serving the Northern DFW Metroplex. Aaron has two decades of experience in the real estate industry working with buyers, sellers and renters.
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Similar Listings Nearby
Community
- Address518 Monarch Drive Lancaster TX
- SubdivisionMonarch
- CityLancaster
- CountyDallas
- Zip Code75146
Subdivisions in Lancaster
- Ames Mdw Add Ph I
- Ames Meadow Ph 01
- Ames Meadow Ph 03
- Anderson Farms
- Arthur Eldridge Surv Abs #449
- Ashmoore
- ATTERBERRY
- Bear Creek Ranch
- Bear Creek Ranch Ph 01
- Bear Creek Ranch Ph 02
- Bear Creek Ranch Ph 3
- Bear Crk Ranch Ph 3
- Beckley City
- Bellaire Acres Add
- Bellaire Terrace
- Belt Line
- Bernard
- Boardwalk
- BOARDWALK PH 3A
- Boardwalk Phase 3B
- Brook Meadows 01
- Brookhaven Estates
- Brookhaven Estates 02 Ph 01 Rep
- Brownlee Park
- Brownlee Park 02
- Cedardale Highlands
- CHARLES H BERNARD ABST
- Colgate Park
- Colonial Estates
- Contact Agent
- Dewberry
- Eastside Acres
- Eastside Acres Add
- Enchanted Forest
- Enchanted Forest Un Add 02
- Exter Ests
- Franklin Farms Rep
- G K SNEED ABST 1278
- George W Hoover
- George W Hoover Abst
- Harvest Hill 02
- Hearthstone
- Hearthstone Ph 02
- Hearthstone Ph 1b
- Highlands South
- Indian Canyon
- J A Dewberry Resub
- J H Marks
- James Joy
- JOH M RAWLINGS ABST 1209 PG245
- John M Rawlins 1208 PG 240 Abstract
- Johnathan L Samson ABST 1311 PG 65 TR 22
- Jonathan L Sampson 640 Acre Su
- Jonathan L Samson ABST 131
- Jones Green
- Lancaster Estates
- Lancaster Gardens
- Lancaster Gardens Add
- Lancaster Hills
- Lancaster Hills 04
- Lancaster Hills 07
- Lancaster North 02 Ph 02
- Lancaster North Estates
- Lancaster Park 02
- Lancaster Park 02 Instl
- Lancaster Park 1
- Lancaster Park 5th Inst
- Lancaster Terrace
- Lancaster Terrace Add 02 Instl
- Lincoln Estates Add
- Lost Creek
- M H LAVENDER ABST
- Marady Parks ABST
- Meadow Creek
- Meadow Creek Estates
- Meadowlands Rep
- Meadowview Ph 01
- Meadowview Ph 02
- Meadowview Ph 03
- Meadowview Ph 05
- Mill Creek Estates
- Millbrook
- Millbrook East
- Millbrook East Ph 01
- Millbrook East Ph 1
- Millbrook East Ph 2b
- Millbrook Ph 02
- Moffitt Creek Estates
- Moffitt Creek Estates Ph 01
- no
- ORIGINAL TOWN
- Original Town Of Lancaster
- Parkerville East Mhp
- PARKERVILLE EAST MHP space 16
- Pebblebrook
- Pebblebrook 02
- Pecan Grove Estates
- pecan hollow
- Pecan Hollow Estates
- PECAN HOLLOW ET
- Placid Meadows
- Pleasant Manor Estates
- Pleasant Run Estates
- Pleasant Run Heights
- Pollard Kirkland
- R Rawlins
- R RAWLINS ABST 1228 PG 345
- Rolling Mdws Ph III
- Rolling Meadows
- Rolling Meadows Ph 02
- ROLLING MEADOWS PH 2
- Samuel Keller Surv Abs # 720
- SILAS B RUNYON
- Spring Creek Estates
- T J Beesleys 02
- Taylor 2
- Taylor Brothers
- TJ BEESLEYS
- Tribute At Mills Branch Ph 1b
- V O Davis
- VO Davis
- W G McDonalds
- Wellington Park North Ph 2a
- Wellington Park Ph 03
- Wellington Phase 3
- Western Hills
- Westridge
- Westridge Annex
- Westwood 05 Ph A
- Westwood Add 05 Ph B
- Westwood Rev
- Will-Kee
- Wintergreen Estates
- Wintergreen Ridge Ph 1a
Market Summary
Current real estate data for Single Family in Lancaster as of Jul 14, 2026
123
Single Family Listed
77
Avg DOM
170
Avg $ / SqFt
$353,342
Avg List Price
Property Summary
- Located in the Monarch subdivision, 518 Monarch Drive Lancaster TX is a Single Family for sale in Lancaster, TX, 75146. It is listed for $249,000 and features 3 beds, 2 baths, and has approximately 1,887 square feet of living space, and was originally constructed in 2002. The current price per square foot is $132. The average price per square foot for Single Family listings in Lancaster is $170. The average listing price for Single Family in Lancaster is $353,342. To schedule a showing of MLS#21201488 at 518 Monarch Drive in Lancaster, TX, contact your Aaron Layman Properties agent at 940-209-2100.
518 Monarch Drive
Lancaster, TX