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$175,000

529 Monarch Drive, Lancaster, TX, 75146

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,322 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$132.38 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Range, Plumbed For Ice Maker, Refrigerator, Washer
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size5,206 sqft

Building Information

Year Built2002
Stories1
Roof Type105
Garage Spaces2

Land Information

APN360682100A04A0000
Lot Number4A
SubdivisionMonarch
Land UseResidential
Legal DescriptionMONARCH BLK A LT 4A INT202100237833 DD08042021 CO-DC 0682100A04A00 4CN0682100A
Census Tract016806
Assessed Land Value$50,000
Assessed Improvement Value$192,920
Assessment Year2025

About this property

Perfect for starter home or retirement home or investment property. Only 20 minutes to downtown. 3 bedrooms, 2 bathes, 2 car garage with fenced yard for the pups and kids. Split bedroom arrangement with all appliances including washer and dryer and refrigerator. Some updates including new patio door, bathroom faucets and more. This home is ready for your personal touches.

Investor Tools

Property Icon
$242,920
Estimated Property Value
$0Estimated Mortgage Balance
$77,670Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,458 /month
Positive
Cash Flow Estimate:
$486 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$421/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,834
$242,920
2025
$50,000
$192,920
$242,920
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,834
$242,920

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cherry Creek Mortgage Co Inc
Fha
$181,649
Yes
First
Aug 4, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$165,250
$77,670
31%
68%
$1,090/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,090/mo
+$882/mo
9.7%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Lancaster

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