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$328,000

NAL Estimated Property Value

7220 Ragan Pl, The Colony, TX, 75056

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,742 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$200.86 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Lot Size11,199 sqft

Building Information

Year Built1978
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR90348
Lot Number6
SubdivisionColony No 18
Land UseResidential
Legal DescriptionCOLONY NO 18 BLK 124 LOT 6
Census Tract021521
Assessed Land Value$96,600
Assessed Improvement Value$205,359
Assessment Year2025

About this property

Once in awhile opportunity to own a home that backs up to Corp of Engineer land, country living in the city lifestyle. This single story home offers privacy and nature in one. As you enter notice the open floor plan, vaulted ceiling and beautiful luxury vinyl plank that lead to the back patio where you can relax and enjoy a stunning sunset or catch a glimpse of a deer. The kitchen is spacious and offers abundant counter space and a breakfast nook. From the kitchen there is utility room that is suitable for a full size washer and dryer. The extra living*dining*office space is perfect for the work from home owner or the loves to entertain owner. The primary bedroom with en suite bathroom is quite spacious with extra room for a reading nook or a private sitting area. The secondary bedrooms are tucked away and offer plenty of closet space. The possibilities are endless for the backyard, entertaining, fire pit or grilling, the setting is unique and peaceful.

Investor Tools

Property Icon
$328,000
Estimated Property Value
$340,424Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,099 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$672/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,425
$301,959
2025
$96,600
$205,359
$301,959
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,425
$301,959

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Va
$346,000
Yes
First
Jun 25, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$340,424
N/A
0%
104%
$2,075/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,340/mo
$2,075/mo
+$265/mo
8.6%

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: The Colony

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7220 Ragan Pl | Property Details | No Agent List