5205 Panama Drive, Rowlett, TX 75088
Local realty services provided by:Better Homes and Gardens Real Estate Lindsey Realty
Listed by: yaron yashar, gail may888-455-6040
Office: fathom realty, llc.
MLS#:21075511
Source:GDAR
Price summary
- Price:$570,000
- Price per sq. ft.:$166.67
- Monthly HOA dues:$30.83
About this home
Do not miss this rare opportunity! Welcome to 5205 Panama Dr – Your Personal Oasis by Lake Ray Hubbard, available also for lease at $3800! This updated, open-concept home offers a spacious and luxurious lifestyle that will captivate you from the moment you arrive. Featuring soaring ceilings, premium flooring, and elegant finishes throughout, this residence blends modern sophistication with everyday comfort. Spanning 3,420 SF, the home offers 4 bedrooms + an office, 3 full baths, an amazing media room, a sparkling pool & spa, and a 2-car garage. The thoughtfully designed layout includes a bright living area with a striking fireplace and seamless flow into the dining room and chef’s kitchen. The kitchen boasts stainless steel appliances, white cabinetry, and an eat-in island that anchors the space. Upstairs, retreat to the oversized master suite with a spa-like bath, large walk-in closet, and a huge private balcony showcasing breathtaking lake views. 3 more bedrooms share 2 beautifully designed full baths. A generous media room provides the perfect space for family movie nights or entertaining guests. Step outside to your private oasis backyard, where a covered patio, sparkling pool, and relaxing spa set the stage for endless outdoor enjoyment. The community enhances your lifestyle with basketball courts, a playground, a resort-style swimming pool overlooking the lake, and scenic walking trails along the shoreline. Recent upgrades: Fresh paint, new tile flooring, newly stained fence & much more. Offering unbeatable convenience and access to all your favorite destinations, with easy access to George Bush, I-30, and Highway 66. Only 5 miles from Sapphire Bay, the $1 billion master-planned lakeside development on Lake Ray Hubbard. Whether you’re looking for everyday comfort, or a backyard oasis for entertaining, this home checks every box. Schedule your tour today!
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Home facts
- Year built:1996
- Listing ID #:21075511
- Added:101 day(s) ago
- Updated:January 11, 2026 at 12:46 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Living area:3,420 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Central Air, Electric
- Heating:Central, Natural Gas
Structure and exterior
- Roof:Composition
- Year built:1996
- Building area:3,420 sq. ft.
- Lot area:0.26 Acres
Schools
- High school:Choice Of School
- Middle school:Choice Of School
- Elementary school:Choice Of School
Finances and disclosures
- Price:$570,000
- Price per sq. ft.:$166.67
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