Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Street View of property
Street View
Days32Days on Market
Views1view

$1,450,000

502 Reed Street, Roanoke, TX, 76262

On MarketInfo
Beds5 Beds
Baths5 Bath
Baths3,662 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$395.96 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 5Bathrooms 5
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Double Oven, Wine Cooler
FlooringCarpet, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size16,814 sqft

Building Information

Garage Spaces3

Land Information

APNR770915
Lot Number5
SubdivisionReedcan Addition
Land UseCommercial
Legal DescriptionREEDCAN ADDITION BLK A LOT 5
Census Tract020311
Assessed Land Value$342,350
Assessment Year2025

About this property

Welcome to 502 Reed St, a rare new construction masterpiece in the heart of Downtown Roanoke, the Unique Dining Capital of Texas. Scheduled for completion in late 2026, this stunning residence by Ryan Homes perfectly captures a timeless, classy aesthetic with high-end luxury finishes throughout. Boasting an expansive 3,662 sqft open concept floor plan, this home offers 5 oversized bedrooms, 4.5 designer bathrooms, and a versatile 3-car garage. Situated on a premier lot of over a third of an acre, the property provides the elusive combination of downtown convenience and significant outdoor space. Unrivaled Location & Convenience: DOWNTOWN LIVING: Just steps from world-class dining, local boutiques, and community events on Oak Street. COMMUTER’S DREAM: Centrally located with easy access to both Dallas and Fort Worth. TRAVEL READY: Minutes from DFW International Airport for effortless travel. QUALITY CRAFTSMANSHIP: Known for their sophisticated and enduring designs, Ryan Homes ensures every detail of this home—from the tailored trim to the functional layout is built to the highest standard. Experience the best of Roanoke living in a home that blends small town charm with modern luxury. Completion expected end of 2026. Contact us today for a private walkthrough and a meeting with the builder to review plans and finishes.

Investor Tools

Property Icon
$548,000
Estimated Property Value
$0Estimated Mortgage Balance
$548,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,700 /month
Positive
Cash Flow Estimate:
$2,900 /month

Interested in this property?

Prince Whiting IV

The Whiting Group

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$680/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,422
$342,350
2025
$342,350
N/A
$342,350
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,422
$342,350

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$548,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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: Roanoke

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...