5205 Panama Drive

Off Market

5205 Panama Drive

Rowlett TX 75088

3420 sq. ft.

11282.04 sq. ft.

Single-Family

Yaron Yashar, last sold this property on 07 February 2026 after 128 days on market.

Overview

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!

Features

4 bedrooms

3 bathrooms

2 carspaces

2 garage spaces

3420 sq. ft. floor area

11282.04 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Rowlett over the last 12 months, the estimated median property value of 5205 Panama Drive is $267k.

Median value

$267k

Estimated value range

$259k - $275k

Median days on market

Estimated value trend

-39%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Rowlett. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5205 Panama Drive

2026

Sold

Undisclosed

07 Feb 2026 by Yaron Yashar, of Fathom Realty, LLC

2025

Rented

Undisclosed

06 May 2025 by Fathom Realty, LLC

2024

Rented

Undisclosed

16 Apr 2024 by Keller Williams Realty

Happy sellers in Rowlett

<50%

Less than 50% of sellers in Rowlett reported that their sale price either exceeded or met their price expectations.

Rowlett stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Rowlett over the last 12 months.

Local market activity for 4 bedroom single-family properties in Rowlett

In the last 12 months, 161 four-bedroom single-family properties similar to 5205 Panama Drive, have been sold.

This represents a 6% decrease in four-bedroom single-family properties sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Rowlett for a market analysis.

Robert Alvarez

at MRA Realtors

(43 reviews)

Get a market analysis

Gregory Ivey

at The Ivey Agency LLC

(46 reviews)

Get a market analysis

Joey Stanbery

at RE/MAX DFW Associates

(116 reviews)

Get a market analysis

Kimberly Morgan

at Fathom Realty

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Rowlett

Robert Alvarez

Sellers who recommend Robert Alvarez have praised them for being local expert, clear communication, responsive, supportive, great negotiation, detail-oriented, and stress-free process