A new design approach for a microstrip patch antenna to achieve reconfigurable dual-band operation with tunable frequency ratio is introduced. The approach uses a lumped capacitor in the middle of a slotted patch antenna, which results in two resonant frequencies. The two resonant frequencies and their ratio are functions of the capacitance value. If a varactor with an appropriate biasing network is used, electronic tuning is realized by changing the applied DC voltage. To understand the dual-resonance behavior of the proposed antenna, an equivalent circuit model based on the transmission line theory of the antenna is established, considering the slot effect and the lumped capacitor. The results are verified with full wave simulation. Furthermore, measurements for fabricated antenna prototypes operating in 2–4.5 GHz are carried out for validation, and the performance shows a tunable frequency ratio from 1.45 to 1.93 with a capacitance range from 0.31 to 0.74 pF. It is worthwhile to point out that the radiation patterns are similar at both bands because both resonances are due to the fundamental TM01 mode.