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Property view
Listing view 2

518 Monarch Drive, 
Lancaster, TX 75146

$269,900

3

Beds

3

Baths

1,887

Sq Ft

Single Family

Active

Listed by

Robert Blackman

Solvent Realty Group

Last updated:

March 13, 2026, 11:47 AM

MLS#

21201488

Source:

GDAR

About This Home

518 Monarch Drive

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.

Home Facts

Single Family

3 Baths

3 Bedrooms

Built in 2002

Price Summary

269,900

$143 per Sq. Ft.

MLS #:

21201488

Last Updated:

March 13, 2026, 11:47 AM

Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

2

Interior

Living Area:

1,887 Sq. Ft.

Structure

Structure

Architectural Style:

Traditional

Building Area:

1,887 Sq. Ft.

Year Built:

2002

Lot

Lot Size (Sq. Ft):

5,227

Finances & Disclosures

Finances

Price:

$269,900

Price per Sq. Ft:

$143 per Sq. Ft.

MLS Logo
Information provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated March 13, 2026 Listings with the NTREIS logo are listed by brokerages other than Coldwell Banker American Dream Realty.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.