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$1,335,000

505 Reed Street, Roanoke, TX, 76262

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths5 Bath
Baths3,527 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$378.51 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Move-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 5Bathrooms 5
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Oven, Microwave, Double Oven, Refrigerator, Vented Exhaust Fan
FlooringTile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting

Building Information

Garage Spaces3

About this property

Experience elevated new construction at 505 Reed Street, where sophisticated finishes, thoughtful design, and a spacious floor plan come together beautifully. Offering 3,527 square feet, 4 bedrooms, 4.1 baths, and a 3-car garage, this luxury home pairs striking architectural details with bright, comfortable spaces. The light-filled interior features wide-plank flooring, designer lighting, and warm wood accents that add character throughout. The open kitchen showcases an oversized island with generous seating, quartz countertops, abundant cabinetry, stainless steel appliances, gas range, and a distinctive wood-clad vent hood. The kitchen flows seamlessly into the dining area and expansive living room, where a floor-to-ceiling stone fireplace and walls of windows create an inviting gathering space overlooking the backyard. The main-level primary suite offers a private retreat with a beautifully appointed bath featuring dual vanities, freestanding soaking tub, an oversized glass-enclosed shower, and elegant tilework. A dedicated home office, powder bath, first-floor bedroom with ensuite bath, large utility room with extensive cabinetry, and thoughtfully designed storage spaces add exceptional functionality. Upstairs, two additional bedrooms and a generous game room provide flexible space for family, guests, and recreation. Walk-in closets and well-appointed baths continue the home’s emphasis on comfort and functionality. Outside, a covered patio and spacious backyard extend the living space outdoors. From custom cabinetry and statement lighting to architectural wood details and clean, modern finishes, every element contributes to the home’s distinctive, polished aesthetic. Just a short stroll from downtown restaurants, shops, entertainment, and community events. 505 Reed Street offers an exceptional combination of new luxury construction, a thoughtfully designed floor plan, and a convenient location near the heart of Roanoke. Fully encapsulated insulation in the attic.

Investor Tools

$0Estimated Mortgage Balance
$1,335,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,010 /month
Positive
Cash Flow Estimate:
$2,670 /month

Interested in this property?

Wynne Moore

Allie Beth Allman & Associates

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Financing Details

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

City: Roanoke

505 Reed Street | Property Details | No Agent List