Date
Details
Price
Change
Source
3/07/2026
Listed
$269,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$269,900 Just Listed
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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.
Full Property Details
Full Property Details for 518 Monarch Dr
General
- Price: $269,900
- Taxes: $6,527
- Status: Active
- Type: Duplex
- Source: NTREIS
- MLS ID: 21201488
- Updated: 3/7/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: High Speed Internet, Cable TV
- Appliances: Dishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Washer Hookup, Electric Dryer Hookup
Additional Information
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Rain Gutters
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Garage, Garage Faces Rear
Location
- County: Dallas
- Subdivision: Monarch
- Driving Directions: I-35 South to Beltline Rd, make left. Travel 1.5 miles, Monarch on the left - U turn, then make right, Property on the right.
School Information
- Elem School District: Lancaster ISD
- Midd School District: Lancaster ISD
- High School District: Lancaster ISD
- Elementary School: Rolling Hills
- Middle School: Lancaster
- High School: Lancaster
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Sewer Available, Water Available, Cable Available
Structural Information
- Architectural Style: Traditional
- Structure Type: Duplex
- Detached/Attached: Attached
- Construction: Brick, Wood Siding
- Roof: Composition
- Windows: Window Coverings
- Stories/Levels: 2
- Living Area: 1,887 Sq. Ft.
- Year Built: 2002
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,227.2
- Sidewalks: Yes
- Lot Features: Interior Lot
- Fencing (Description): Wood
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $6,527
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: MONARCH BLK A LOT 12B
- Property ID: 360682100A12B0000
- Block: A
- Lot Number: 12
Listed by Solvent Realty Group, Robert Blackman
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 518 Monarch Dr —
Robert Blackman
Solvent Realty Group
214-327-0894
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 518 Monarch Dr
School District:Lancaster Independent School District
| Name | Grades | Distance |
|---|---|---|
Rosa Parks/Millbrook Elementary School 630 Millbrook Drive, Lancaster, TX 75146 | PK-5 | 0.5 mi |
G W Carver 6th Grade Stem Learning 1005 Westridge Avenue, Lancaster, TX 75146 | 6- | 1.4 mi |
Lancaster Middle School 822 West Pleasant Run Road, Lancaster, TX 75146 | 7-8 | 1.4 mi |
Lancaster High School 200 E Wintergreen Rd, Lancaster, TX 75134 | 10-12 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 518 Monarch Dr
Tax History
Tax History for 518 Monarch Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,672
-2%
$276,800
-2%
2024
$6,810
-8%
$282,450
-8%
2023
$7,422
27%
$307,840
39%
2022
$5,856
50%
$221,000
61%
2021
$3,913
-3%
$137,000
—
2020
$4,054
23%
$137,000
-4%
2018
$3,288
—
$142,890
33%
2018
$3,288
—
$107,650
—
2017
$3,299
—
$107,650
—
2016
$3,296
—
$107,650
—
2015
$3,310
6%
$107,800
—
2014
$3,117
4%
$107,800
5%
2013
$2,996
—
$102,270
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 518 Monarch Dr
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518 Monarch Drive, Lancaster, TX 75146 (MLS# 21201488) is a Duplex property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 518 Monarch Drive is currently listed for $269,900 and was received on March 07, 2026. Want to learn more about 518 Monarch Drive? Do you have questions about finding other Duplex real estate for sale in Southwest Dallas? You can browse all Southwest Dallas real estate or contact a Coldwell Banker agent to request more information.