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Drag Rat 

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A homeless person that creeps Guadeloupe St. or "the Drag" at the University of Texas. Usually they ask for money to buy alcohol or drugs and if you do not obligee, they will chase you into a store, threaten you or say something witty like thanks a lot asshole. Also, most of them have pets and they travel in packs. Ironically, the "normal" homeless people are scared of them.
Drag Rat-"Ma'am, can you please spare some change, I need some booze?!"
Student-"Sorry, I am a poor college student."
Drag Rat-"Don't be sorry, you douche bag."
Drag Rat by Kyle Sport February 18, 2009
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drag rat 

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someone who races incredibly fast through pipes
drag rat by souper puthy March 28, 2009
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Drag rats

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A slur for homeless people in Austin, Texas who spend time on Guadalupe Street between 21st and 29th Street, colloquially known as "The Drag". Used mainly by college kids and people on the wealthier side to emotionally justify cruelty towards those already experiencing terrible hardship.
"Ugh, look at those disgusting drag rats begging for food. I wouldn't even piss on one of them if they caught fire."

"I hate drag rats so much, they smell terrible and are sometimes rude. I don't understand why the cops let them stay here."

dragrat 

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One of the homeless population that frequents the portion of Guadalupe St. known as "The Drag" in Austin, TX.
One of those filthy dragrats asked me for money today.

A dragrat attempted to rob a UT student today so he could buy a Mad Dog.

The dragrat that owned the guitar had it stolen by another dragrat. They later fought each other with knives for the guitar.
dragrat by davidjameson May 11, 2010

Dragrat 

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(adj.) Someone who is annoying beyond belief, usually around the younger ages of 6-11. Only effective when used by higher authority whether it be by bloodline (siblings) or by status. Typically, the one being called that is unmeasurably stupid as well.
A dragrat is the lowest among people, the prime example of a clown. Don't be a dragrat
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