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About This Home

This 3-bedroom, 2-bathroom single family at 15420 Monarch Lane in Edmond, OK is listed for $250,000 ($120 per sqft). Built in 2001, the home offers 2,083 sqft of living space on a 0.09 acres lot.

Agent Description

Investor Opportunity with Immediate Rental Income! Tenant already in place through December 2026, allowing you to start earning rental income from day one! Located in the gated Butterfly Creek community within the Edmond Public School District, this well-maintained 3 bedroom, 2 bathroom home offers a functional open-concept floor plan, timeless finishes, and excellent long-term investment potential.

The spacious living, dining, and kitchen areas flow seamlessly together, creating an inviting space for everyday living. All appliances remain with the property, including the refrigerator, washer, and dryer, providing added convenience for both owner and tenant.

Outside, enjoy a covered back patio and sprinkler system, offering low-maintenance outdoor living. Butterfly Creek residents enjoy outstanding neighborhood amenities just steps away, including a clubhouse with a large dining/gathering area and kitchen, oversized community below-ground storm shelter, swimming pool, walking paths, and beautiful greenbelt views.

Conveniently located with easy access to the Kilpatrick Turnpike, Broadway Extension, and I-35, this property combines a desirable location, stable rental income, and strong future appreciation potential. Whether you're expanding your investment portfolio or purchasing your first income-producing property, this turnkey opportunity is one you won't want to miss. Schedule your private showing today!

Key Features

  • Built in 2001
  • 0.09 acre lot
  • Fireplace

Property Details

2 full
2001

Amenities

FireplaceA/C

Monthly Cost Estimate

$3,427/mo

20% down · 6.5% · 30 years

Principal$181
Interest$1,083
Insurance$73
HOA$2,090

Estimates only. Actual payments may vary.

Location

15420 Monarch Lane

Edmond, OK 73013

Features & Amenities

Exterior Features

Patio-Covered

Property Details

Construction

Brick & Frame

Pool Features

Patio

Heating

Natural Gas

Cooling

Central AirElectric

Appliances

DishwasherMicrowaveRefrigeratorWasher/DryerWater Heater

Questions & Answers

This 3-bedroom, 2-bathroom single family at 15420 Monarch Lane is listed at $250,000 ($120/sqft). The estimated monthly payment is $3,173 based on 20% down at 6.5% interest.

HOA fees are $2090/month.

Key features include: Built in 2001, 0.09 acre lot, Fireplace. Exterior Features: Patio-Covered.

This property is listed by Meagan McGowen and can be reached at 5802207963 or mmcgowen@kw.com.

MM

Meagan McGowen

Agent at Keller Williams Realty Elite

(580) 220-7963

Listed by Keller Williams Realty Elite · View on Broker Site

MLS# 1234384· Source: listhub· Updated 1 days ago

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15420 Monarch Lane, Edmond, OK 73013

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