NOT LISTED FOR SALE

550 Monarch Dr Lancaster, TX 75146

Estimated Value: $235,000 - $247,000

3 Beds
2.5 Baths
1,428 Sq Ft
$169/Sq Ft Est. Value

Highlights

  • Traditional Architecture
  • Cul-De-Sac
  • Interior Lot
  • Covered Patio or Porch
  • 2 Car Attached Garage
  • Walk-In Closet

About This Home

As of March 2024

Cozy 3 bedroom home nestled on a cul-de-sac and ready for a resident! All bedrooms and 2 baths upstairs. Half bath downstairs. Kitchen features granite counter tops & breakfast bar. Ceramic tile & wood laminate flooring. Sprinkler & security systems. Refrigerator included. Nice backyard with open patio. Property backs to a greenbelt with walking & bike trail. Easy access to I-35, schools & shopping. Property will be cleaned prior to tenant moving in.

Last Agent to Rent the Property

Shannon Ferry-Moser

Sterling Real Estate, Inc Brokerage Phone: 817-274-5339 License #0401099 Listed on: 03/01/2024

Last Renter's Agent

Lori Henderson

Sterling Real Estate, Inc License #0408524

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2002

Lot Details

  • 2,744 Sq Ft Lot
  • Cul-De-Sac
  • Wood Fence
  • Sprinkler System
  • Large Grassy Backyard

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage

Home Design

  • Duplex
  • Half Duplex
  • Traditional Architecture
  • Attached Home
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,428 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Decorative Lighting
  • Window Treatments
  • Security System Owned

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Schools

  • Rosa Parks-Millbrook Elementary School
  • Lancaster Middle School
  • Lancaster High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Energy-Efficient Appliances
  • Covered Patio or Porch

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,800
  • Tenant pays for all utilities, grounds care, insurance, security
  • $50 Application Fee
  • Legal Lot and Block 8 / A
  • Assessor Parcel Number 360682100A08B0000

Community Details

Overview

  • Monarch Subdivision
  • Property managed by Sterling Real Estate

Pet Policy

  • Breed Restrictions

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Year Built

Built in 2002

Lot Details

0

Parking

2

Rental Info

  • PetsAllowed: Yes, Breed Restrictions
  • Deposit Amount: 1800
  • Lease Conditions: Application Fee, Credit Report, Prior Residence Info., Written Application (+)
  • Lease Type: Yearly, 1 Year Plus
  • Tenant Pays: All Utilities, Grounds Care, Insurance, Security
  • App Fee Payable To: Sterling Real Estate
  • Application Fee: 50

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Duplex
  • Architectural Style: Traditional
  • Structural Style: Attached or 1/2 Duplex
  • Unit Levels: Two
  • Restrictions: No Smoking, No Sublease, No Waterbeds, Pet Restrictions
  • Security: Security System Owned, Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Non Refundable Pet Fee Y N: No
  • Property Managed By: Sterling Real Estate
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • App Fee Plus18 Yrs Y N: Yes
  • Attribution Contact: 817-274-5339
  • Special Features: None
  • Year Built: 2002

Interior Features

  • Square Footage: 1428.00
  • Windows: Window Coverings
  • Interior Amenities: Cable TV Available, Decorative Lighting, High Speed Internet Available, Pantry, Walk-In Closet(s)
  • Flooring: Carpet, Ceramic Tile, Luxury Vinyl Plank
  • Appliances: Dishwasher, Disposal, Refrigerator, Vented Exhaust Fan
  • Basement YN: No
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 7
  • Appliances: Yes

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Fencing: Fenced, Wood
  • Roof: Composition
  • Soil Type: Unknown
  • Construction Materials: Brick
  • Exterior Features: Covered Patio/Porch
  • Patio And Porch Features: Patio

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • Parking Features: Garage, Garage Faces Rear
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Electric
  • Utilities: City Sewer, City Water, Curbs, Sidewalk

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Lancaster ISD
  • Elementary School: Rosa Parks-Millbrook

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Cul-De-Sac, Interior Lot, Lrg. Backyard Grass, Sprinkler System, Subdivision
  • Lot Size Units: Acres
  • Lot Size Area: 0.0630
  • Parcel Number: 360682100A08B0000
  • Lot Size Acres: 0.0630
  • Lot Size Sq Ft: 2744.2800

Green Features

  • Efficiency: Appliances
  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2002
  • SeniorCommunityYN: No

Tax Info

  • TaxBlock: A
  • Tax Lot: 8

MLS Schools

  • Middle School Name: Lancaster
  • Elementary School Name: Rosa Parks-Millbrook
  • High School Name: Lancaster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2023
Sold by
Porres Felipe Gonzalo
Bought by
Fgp Rentals Llc
Current Estimated Value
$241,384

Purchase Details

Closed on
Jun 19, 2018
Sold by
Wilburn Rawlett M and Wilburn Rawlett Mechelle
Bought by
Porres Felipe

Purchase Details

Closed on
Jan 17, 2014
Sold by
Wilburn Rawlett M and Spencer Rawlett M
Bought by
Wilburn Rawlett M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,323
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 13, 2007
Sold by
Valenzuela Teresa C
Bought by
Spencer Rawlett M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,455
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 16, 2003
Sold by
Choice Homes Inc
Bought by
Valenzuela Teresa C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,950
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fgp Rentals Llc -- None Listed On Document
Porres Felipe -- North American Title
Wilburn Rawlett M -- None Available
Spencer Rawlett M -- Natc
Valenzuela Teresa C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilburn Rawlett M $90,323
Previous Owner Spencer Rawlett M $98,455
Previous Owner Valenzuela Teresa C $71,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2024 03/14/24 Rented $1,795 0.0% --
03/08/2024 03/08/24 Under Contract -- -- --
03/01/2024 03/01/24 For Rent $1,795 +20.1% --
02/11/2022 02/11/22 Rented $1,495 0.0% --
02/08/2022 02/08/22 Under Contract -- -- --
02/01/2022 02/01/22 For Rent $1,495 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,921 $246,960 $50,000 $196,960
2024 $5,921 $250,680 $50,000 $200,680
2023 $5,921 $249,690 $50,000 $199,690
2022 $4,804 $182,000 $40,000 $142,000
2021 $3,507 $122,790 $25,000 $97,790
2020 $3,634 $122,790 $25,000 $97,790
2019 $3,926 $128,540 $25,000 $103,540
2018 $2,984 $97,390 $18,000 $79,390
2017 $2,982 $97,390 $18,000 $79,390
2016 $2,982 $97,390 $18,000 $79,390
2015 $2,365 $92,850 $18,000 $74,850
2014 $2,365 $92,850 $18,000 $74,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20549914

North Texas Real Estate Information Systems (NTREIS)

APN: 360682100A08B0000