$320,000
PENDING $30K PRICE DROP

5405 Ragan Dr the Colony, TX 75056

Estimated payment $2,247/month

Total Views 6,928
3 Beds
2 Baths
1,703 Sq Ft
$188 Price per Sq Ft

Highlights

  • Open Floorplan
  • Lawn
  • Interior Lot
  • B B Owen Elementary School Rated A
  • 1 Car Attached Garage
  • Walk-In Closet

About This Home

Welcome to this updated home located in the heart of The Colony, just minutes from Grandscape, Hawaiian Falls and a wide variety of shopping, dining, and entertainment options. Step inside to an open and inviting floor plan, where the kitchen seamlessly flows into the spacious living room. Perfect for entertaining or everyday living. The kitchen features stainless steel appliances, a new vent hood (May 2025) and a refrigerator that conveys with the property!

Enjoy fresh, modern touches throughout the home including new interior paint, plush carpet, updated faucets, and stylish lighting in the bathrooms — all completed in May 2025! The home also has replaced windows and sliding door (2020), enhancing energy efficiency and natural light. A massive secondary living space offers incredible flexibility — ideal for a second living room, home office, media room, or playroom. Step outside to a large backyard with lush grass, offering ample room for kids, pets or outdoor entertaining. Don’t miss the opportunity to own this move-in ready gem in one of The Colony’s most convenient and vibrant locations! Owner is Texas Licensed Real Estate Broker

Listing Agent

David Binnings

Legacy Mark Realty Brokerage Phone: 214-534-8898 License #0568758 Listed on: 06/11/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,501

Year Built

  • Built in 1977

Lot Details

  • 7,144 Sq Ft Lot
  • Wood Fence
  • Interior Lot
  • Lawn
  • Back Yard

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Single Garage Door
  • Garage Door Opener
  • Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,703 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Living Room with Fireplace
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Outdoor Storage

Schools

  • Peters Colony Elementary School
  • The Colony High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Underground Utilities
  • High Speed Internet
  • Phone Available

Community Details

  • Colony 20 Subdivision
  • Community Mailbox

Listing and Financial Details

  • Legal Lot and Block 28 / 132
  • Assessor Parcel Number R01452

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,501

Year Built

Built in 1977

Lot Details

0

Parking

1

Listing Details

  • OWNERNAME: See Tax
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached
  • Unit Levels: One
  • Security: Smoke Detector(s)
  • Attribution Contact: 214-534-8898
  • Co List Office Mls Id: LMRL01C
  • Structure Type: House
  • Special Features: VirtualTour

Interior Features

  • Square Footage: 1703.0
  • Fireplace Features: Living Room, Masonry, Wood Burning
  • Interior Amenities: High Speed Internet, Open Floorplan, Walk-In Closet(s)
  • Flooring: Carpet, Laminate, Vinyl
  • Appliances: Dishwasher, Electric Range, Refrigerator, Vented Exhaust Fan
  • Basement YN: No
  • Fireplaces: 1

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Slab
  • Community Features: Community Mailbox, Curbs, Sidewalks
  • Fencing: Wood
  • Roof: Shingle
  • Construction Materials: Brick
  • Exterior Features: Storage
  • Pool Features: None
  • Waterfront: No

Garage/Parking

  • Cooling System: Central Air, Ceiling Fan(s), Electric, Heat Pump
  • Garage Spaces: 1.0
  • Total Covered Spaces: 1.0
  • Parking Features: Concrete, Door-Single, Driveway, Garage Faces Front, Garage, Garage Door Opener
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Central, Electric, Heat Pump
  • LaundryFeatures: Washer Hookup, Electric Dryer Hookup, In Kitchen
  • Utilities: Electricity Connected, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Heating Yn: Yes

Schools

  • Elementary School: Peters Colony
  • High School: The Colony
  • Junior High Dist: Lewisville ISD

Lot Info

  • PropertyAttachedYN: No
  • Lot Features: Back Yard, Interior Lot, Lawn, Subdivision
  • Lot Size Units: Acres
  • Lot Size Area: 0.164
  • Parcel Number: R01452
  • Lot Size Acres: 0.164
  • Lot Size Sq Ft: 7143.84

Building Info

  • Year Built: 1977

Tax Info

  • TaxBlock: 132
  • Tax Lot: 28
  • Tax Annual Amount: 6501.0

MLS Schools

  • MiddleOrJuniorSchool: Griffin

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $6,501 $345,140 $68,125 $277,015
2024 $6,501 $335,000 $68,125 $266,875
2023 $6,803 $347,188 $68,125 $279,063
2022 $6,004 $286,000 $68,125 $217,875
2021 $5,620 $252,305 $42,169 $210,136
2020 $5,250 $236,183 $42,169 $194,014
2019 $5,234 $228,000 $42,169 $185,831
2018 $4,800 $207,764 $42,169 $165,595
2017 $4,407 $188,668 $42,169 $146,499
2016 $3,603 $154,227 $24,631 $145,986
2015 $2,865 $140,206 $24,631 $120,407
2014 $2,865 $127,460 $24,631 $102,829
2013 -- $120,498 $24,631 $95,867
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2025 09/08/25 Pending -- -- --
08/14/2025 08/14/25 Price Changed $320,000 -2.9% $188 / Sq Ft
07/19/2025 07/19/25 Price Changed $329,500 -2.4% $193 / Sq Ft
07/11/2025 07/11/25 Price Changed $337,500 -0.7% $198 / Sq Ft
06/21/2025 06/21/25 Price Changed $340,000 -2.9% $200 / Sq Ft
06/11/2025 06/11/25 For Sale $350,000 0.0% $206 / Sq Ft
04/23/2024 04/23/24 Rented $2,200 0.0% --
04/16/2024 04/16/24 Under Contract -- -- --
04/05/2024 04/05/24 For Rent $2,200 +4.8% --
07/31/2022 07/31/22 Rented $2,100 0.0% --
07/17/2022 07/17/22 Under Contract -- -- --
07/13/2022 07/13/22 For Rent $2,100 +27.3% --
06/15/2020 06/15/20 Rented $1,650 0.0% --
06/15/2020 06/15/20 Under Contract -- -- --
06/10/2020 06/10/20 For Rent $1,650 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Vendors Lien -- Capital Title
Vendors Lien -- Fatco
Vendors Lien -- Rtt
Vendors Lien -- --
Vendors Lien $65,885 --
Warranty Deed -- --
Trustee Deed $64,837 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $128,160 New Conventional
Previous Owner $75,254 FHA
Previous Owner $16,500 Credit Line Revolving
Previous Owner $99,000 Purchase Money Mortgage
Previous Owner $103,442 FHA
Previous Owner $102,466 FHA
Previous Owner $101,848 FHA
Previous Owner $77,600 Purchase Money Mortgage
Closed $11,000 No Value Available
Source: Public Records

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20966088

North Texas Real Estate Information Systems (NTREIS)

APN: R01452