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$299,500
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Property Description
Welcome to The Colony-"The City by the Lake"! This charming single-story 3-bedroom, 2-bath home offers a great opportunity in an outstanding location. The open kitchen flows directly into the living room, creating a comfortable layout for everyday living and entertaining. The kitchen features updated cabinets, a slide-in electric range, dishwasher and disposal. The spacious primary bedroom includes a walk-in closet and private bath with a shower, while the secondary bedrooms offer additional flexibility. Bedroom 3 features mirrored sliding closet doors. A large hallway storage closet provides plenty of extra storage. The home also features a wood-burning fireplace, ceiling fans throughout, window blinds, and a mix of carpet, wood laminate, ceramic tile and vinyl flooring. Energy-efficient improvements include updated Low-E vinyl windows and sliding patio door, plus a Nest thermostat. The all-electric home also includes a 2-car garage with a smart Wi-Fi garage door opener. Step outside to the large fenced backyard with a wood deck-an excellent space for relaxing, entertaining or enjoying the outdoors. Front landscaping adds to the home's curb appeal. Conveniently located near the Grandscape shopping and entertainment district, Lake Lewisville recreation and numerous dining and shopping options, with easy access to DFW International, Dallas Love Field and McKinney airports. The home could use some updating, but it offers a great opportunity for a buyer looking for value, a desirable location and the chance to make it their own. Priced to sell!
Full Property Details
Full Property Details for 5400 Ragan Dr
General
- Price: $299,500
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21353824
- Updated: 8/11/2026
- Added to Site: 7 day(s) ago
Interior
- Interior Features: Decorative/Designer Lighting Fixtures, High Speed Internet, Cable TV, Wired for Sound
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Wood Burning
- Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal
- Flooring: Carpet, Ceramic Tile, Laminate, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Additional Information
- Equipment: Satellite Dish
Exterior
- Exterior Features: Rain Gutters
- Porch/Patio/Deck: Covered
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Door-Single, Garage, Garage Door Opener
Location
- County: Denton
- Subdivision: Colony 20
- Driving Directions: From North Colony Blvd, go NORTH on Squires Drive, turn LEFT onto Ragan Rd, home on Right. 5400 Ragan Drive, The Colony TX 75056
School Information
- Elem School District: Lewisville ISD
- Midd School District: Lewisville ISD
- High School District: Lewisville ISD
- Elementary School: Peters Colony
- Middle School: Griffin
- High School: Thecolony
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Sewer Available, Separate Meters, Underground Utilities, Water Available, Cable Available
Structural Information
- Property Detached: Yes
- Architectural Style: Traditional, Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Brick
- Stories/Levels: 1
- Living Area: 1,433 Sq. Ft.
- Year Built: 1978
Lot Features
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 7,840.8
- Lot Size Source: Assessor
- Sidewalks: Yes
- Lot Features: Landscaped, Few Trees
- Fencing (Description): Fenced, Wood
Green Features
- Energy Efficient: Appliances, HVAC, Thermostat, Windows
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: COLONY NO 20 BLK 133 LOT 3
- Property ID: R01469
- Block: 133
- Lot Number: 3
Listed by Mosaic Realty, Mike Gonzalez
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Schools
Schools serving 5400 Ragan Dr
School District:Lewisville Independent School District
| Name | Grades | Distance |
|---|---|---|
Peters Colony Elementary School 5101 Nash Drive, The Colony, TX 75056 | PK-5 | 0.7 mi |
Griffin Middle School, The Colony, TX 5105 North Colony Boulevard, The Colony, TX 75056 | 6-8 | 0.6 mi |
The Colony High School 4301 Blair Oaks Drive, The Colony, TX 75056 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5400 Ragan Dr
Date
Details
Price
Change
Source
8/07/2026
Listed
$299,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5400 Ragan Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,705
-7%
$295,000
-7%
2023
$6,127
—
$316,450
1%
2023
$6,127
26%
$312,652
41%
2021
$4,864
-17%
$221,939
-21%
2022
$5,873
27%
$279,749
34%
2020
$4,642
5%
$208,433
5%
2019
$4,423
12%
$199,000
16%
2018
$3,948
12%
$172,000
12%
2017
$3,535
2%
$153,000
3%
2016
$3,471
14%
$148,591
17%
2015
$3,057
13%
$126,925
13%
2014
$2,713
5%
$112,042
6%
2013
$2,590
—
$106,169
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5400 Ragan Dr
5400 Ragan Drive, The Colony, TX 75056 (MLS# 21353824) is a Single Family property with 3 bedrooms and 2 full bathrooms. 5400 Ragan Drive is currently listed for $299,500 and was received on August 07, 2026. Want to learn more about 5400 Ragan Drive? Do you have questions about finding other Single Family real estate for sale in The Colony? You can browse all The Colony real estate or contact a Coldwell Banker agent to request more information.

