5205 Panama Drive, Rowlett, TX 75088
Local realty services provided by:Better Homes and Gardens Real Estate Senter, REALTORS(R)
Listed by: yaron yashar, gail may888-455-6040
Office: fathom realty, llc.
MLS#:21075511
Source:GDAR
Price summary
- Price:$575,000
- Price per sq. ft.:$168.13
- Monthly HOA dues:$30.83
About this home
Priced below market value - do not miss this one! Fully updated throughout and offering a resort-style backyard with pool and spa. Also available for lease at $3850. Welcome to 5205 Panama Dr – Your Personal Oasis by Lake Ray Hubbard! 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!
Contact an agent
Home facts
- Year built:1996
- Listing ID #:21075511
- Added:55 day(s) ago
- Updated:November 25, 2025 at 09:48 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:$575,000
- Price per sq. ft.:$168.13
Information provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated November 25, 2025 Listings with the NTREIS logo are listed by brokerages other than Better Homes and Gardens Real Estate Senter, REALTORS(R).New listings near 5205 Panama Drive
- New
$373,000Active3 beds 3 baths2,266 sq. ft.9722 Links Fairway Drive, Rowlett, TX 75089
MLS# 21119810Listed by: MARK SPAIN REAL ESTATE - New
$304,999Active3 beds 2 baths1,964 sq. ft.8405 Spinnaker Cove, Rowlett, TX 75089
MLS# 21116139Listed by: CENTURY 21 MIKE BOWMAN, INC. - New
$340,000Active3 beds 2 baths1,771 sq. ft.3913 Southridge Drive, Rowlett, TX 75088
MLS# 21116992Listed by: ULTIMA REAL ESTATE SERVICES - New
$359,995Active4 beds 2 baths2,000 sq. ft.3818 Martha Lane, Rowlett, TX 75088
MLS# 21116233Listed by: AMX REALTY - New
$404,900Active4 beds 2 baths2,208 sq. ft.8210 Champion Drive, Rowlett, TX 75089
MLS# 21108198Listed by: COLDWELL BANKER REALTY FRISCO - New
$255,000Active3 beds 2 baths1,284 sq. ft.6317 Locust Street, Rowlett, TX 75089
MLS# 21108743Listed by: FATHOM REALTY LLC - New
$369,900Active4 beds 2 baths2,292 sq. ft.2221 Brookside Drive, Rowlett, TX 75088
MLS# 21115526Listed by: APARTMENT WORKS LLC. - New
$435,000Active5 beds 3 baths2,847 sq. ft.7805 Stonehaven Lane, Rowlett, TX 75089
MLS# 21112341Listed by: COMPASS RE TEXAS, LLC - Open Sun, 1 to 3pmNew
$495,000Active5 beds 3 baths2,675 sq. ft.5913 Independence Court, Rowlett, TX 75089
MLS# 21116598Listed by: FATHOM REALTY - New
Listed by BHGRE$465,000Active4 beds 3 baths2,406 sq. ft.6306 Debbie Circle, Rowlett, TX 75089
MLS# 21112568Listed by: BETTER HOMES & GARDENS, WINANS
Protect your home and budget with an American Home Shield© home warranty. Learn more© 2025 Better Homes and Gardens Real Estate LLC. An Anywhere Real Estate company. All rights reserved. Better Homes and Gardens® Real Estate is a registered trademark owned by Meredith Operations Corporation, licensed to Better Homes and Gardens Real Estate LLC and used with permission. Better Homes and Gardens Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Listing information is deemed reliable but is not guaranteed accurate.
Each office is independently owned and operated.
Any services or products provided by third parties are not provided by, affiliated with or related to Better Homes and Gardens Real Estate LLC, or its affiliated companies.