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502 Reed St, Roanoke, TX, 76262

5beds
5baths
3,662sqft
$1,450,000
$396price/sqft
$10,475/moest. monthly cost
$419,000/yrincome needed

About This Home

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.

Getting Around

64
WalkingSomewhat Walkable
0
TransitVery Limited Transit
43
BikeSomewhat Bikeable

Schools

8/10
Roanoke Elementary SchoolGrades PK-51.5 mi
9/10
Medlin Middle SchoolGrades 6-81.5 mi
8/10
Byron Nelson High SchoolGrades 9-121.8 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Roof: Metal
  • Construction materials: Board & Batten Siding,Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Farmhouse,Modern,Detached
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Built-In Gas Range,Double Oven,Dishwasher,Disposal,Gas Oven,Gas Range,Microwave,Wine Cooler
  • Laundry features: Washer Hookup,Dryer Hookup,ElectricDryer Hookup,Laundry in Utility Room

Bedroom

  • Features: Walk-In Closet(s)
  • Level: First
  • Dimensions: 13 x 10

Bedroom

  • Features: Walk-In Closet(s)
  • Level: Second
  • Dimensions: 14 x 11

Bedroom

  • Features: Walk-In Closet(s)
  • Level: Second
  • Dimensions: 13 x 10

Bedroom

  • Level: Second
  • Dimensions: 13 x 10

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Dining Room

  • Level: First
  • Dimensions: 14 x 13

Features

  • Built-in Features,Cathedral Ceiling(s)
  • Flooring: Carpet,Wood
  • Number of fireplaces: 1
  • Fireplace features: Gas
  • Fireplace: Yes

Game Room

  • Level: Second
  • Dimensions: 18 x 18

Heating & Cooling

  • Heating features: Central,Fireplace(s)
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total interior livable area: 3,662 sqft

Living Room

  • Features: Built-in Features,Ceiling Fan(s),Fireplace
  • Level: First
  • Dimensions: 22 x 20

Master Bedroom

  • Features: Ceiling Fan(s),Dual Sinks,Double Vanity,En Suite Bathroom,Hollywood Bath,Sitting Area in Primary,Walk-In Closet(s)
  • Level: First
  • Dimensions: 17 x 14

Office

  • Level: First
  • Dimensions: 10 x 11

Property

Details

  • Parcel number: R770915
  • Attached to another structure: Yes

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Covered
  • Exterior features: Lighting,Rain Gutters
  • Fencing: Back Yard,Wood

Lot

  • Lot size: 0.39 Acres
  • Features: Interior Lot,Few Trees

Parking

  • Total spaces: 3
  • Parking features: Covered,Garage,Garage Door Opener,Garage Faces Side
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailRelatively High
  • Tornado
    TornadoRelatively High
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Hail
Tornado
Heat Wave
Ice Storm

FEMA Declared Disasters Across Texas Counties

Severe Storm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $7,331$87,972
Home Insurance *$978$11,736
Property Taxes $1,764$21,168
Electricity $402$4,825
Total$10,475$125,700
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$359,142/yr
40% on housing$314,250/yr
45% on housing$279,333/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.2%
7.2%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -1.4%
-1.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$396This listing

vs Other Active Listings

Avg $/sqft

ZIP 76262$411
Denton County$215

vs Homes Sold Last Month

Median $/sqft

ZIP 76262$222
Denton County$192

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-15Listed for sale$1,450,000
2020-03-12Listing removed$350,000
2020-01-20Pending sale$350,000
2019-11-11Listed for sale$350,000

New Construction

AgentPrince Whiting IV
BrokerageThe Whiting Group

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