House for rent

5+ Days Ago

5205 Panama Drive
5205 Panama Drive, Rowlett, Texas 75088, United States

Monthly rent	$3,800
Beds	4
Baths	3
Sqft	3,420

Monthly rent	$3,800
Beds	4
Baths	3
Sqft	3,420

5+ Days Ago

Highlights

Private balcony
Resort-style swimming pool
Playground
Basketball courts
Pool and spa
Elegant finishes

Location

5205 Panama Drive, Rowlett, Texas 75088, United States

Tour 5205 Panama Drive

Contact

Yaron Yashar

Ginger and Associates

(844) 262-7807 ext. 4229

Amenities for 5205 Panama Drive

Apartment Amenities

2 Floors	Balcony
Carpet	Ceiling Fan
Central Air	Fireplace
Natural Gas	Walk-in Closet

Appliances

Dishwasher	Electric
In-Unit Laundry

Building

Exterior Type: Brick

Roof Type: Composition

Grounds

Garage Parking	Outdoor Space
Swimming Pool

Other

Ceiling Fans

Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

About 5205 Panama Drive

Home

Houses in Rowlett

5205 Panama Drive, Rowlett, Texas 75088, United States

Property Status: Active Do not miss this one! Fully updated throughout and offering a resort-style backyard with pool and spa. Also available for sale at 575k. 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! Office Phone: (888) 455-6040 Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Go to property website

Property highlights

How 5205 Panama Dr, Rowlett, TX 75088, USA compares to other nearby properties.

Positives

More space: The 4-bedroom is 1222 sqft larger than other listings nearby
High school nearby: There is a high school 1 mile away
Middle school nearby: There is a middle school 1 mile away
Images available: There are at least 10 photos of this address
Walk-in closet: Rentals here may include more closet space than average

Considerations

Greater distance from grade schools: The nearest elementary school is farther than 1 mile away

Address details

Zip code	75088
Type	House for rent

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Rent trends in Rowlett

4-bedroom apartments at 5205 Panama Drive cost about 38% more than the average rent price for 4-bedroom apartments in Rowlett.

Median rents as of Dec 6 2025.

Rowlett

A table of 4-bedroom apartment rental data trends in Rowlett
Month	Median Rent
December 2023	$2,786
January 2024	$2,706
February 2024	$2,675
March 2024	$2,823
April 2024	$2,796
May 2024	$2,754
June 2024	$2,737
July 2024	$2,613
August 2024	$2,654
September 2024	$2,724
October 2024	$2,653
November 2024	$2,668
December 2024	$2,675
January 2025	$2,690
February 2025	$2,650
March 2025	$2,677
April 2025	$2,650
May 2025	$2,656
June 2025	$2,709
July 2025	$2,779
August 2025	$2,792
September 2025	$2,798
October 2025	$2,770
November 2025	$2,745
December 2025	$2,750

Affordability calculator

Can I afford to live at 5205 Panama Drive?

Bedrooms

4+ bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.

The general rule of thumb is to spend around 30% or less of your income on rent.

Recommended income

$152,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $152,000 annually to afford this 4-bedrooms monthly rent price of $3,800.

For more information on rent affordability, visit our rent calculator.

Check availability

Rent history

Check out the past listing prices for monthly rent at 5205 Panama Drive, Rowlett, TX.
			Bath
5 months ago	$5,000	5 bed	3 bath
8 months ago	$5,000	5 bed	3 bath
1 year ago	$5,500	5 bed	3 bath
2 years ago	$5,500	5 bed	3 bath
2 years ago	$9,750	6 bed	3 bath

Schools near 5205 Panama Drive

Internet available near 5205 Panama Drive

Neighborhood

NEIGHBORHOOD VIBE

Peaceful and quiet

Noise-canceling headphones not required in this mostly noise free area.

Getting around Rowlett near 5205 Panama Drive

Walking

3/10

Fewer daily needs are within walking distance (unless you’re up for a challenge).

Driving

9/10

Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

4/10

More spots are within biking distance and some roads are cyclist-friendly.

Transit

0/10

FYI, there are little to no public transit options within walking distance.

Points of interest for 5205 Panama Drive, Rowlett

Groceries

0/10

No grocery stores within walking distance

Shopping

3/10

Some shops within walking distance

Cafes

1/10

Few or no cafés within walking distance

Restaurants

3/10

Few or no restaurants within walking distance

Primary schools

4/10

At least one elementary school within a 20-minute walk

High schools

2/10

At least one high school within a 30-minute walk

Parks

5/10

Moderate amount of park space nearby

Nightlife

1/10

Few or no bars within walking distance

Other units at this address

5205 Panama Dr, Rowlett, TX

5205 Panama Dr Rowlett, TX

Occupied

NA

6 Beds

3 Baths

3,420 sqft

$9,750

Hot Tub • Furnished • Wi-Fi • In-Unit Laundry • Assigned Parking • Air Conditioning

Listed by Goldnest Property Management

Days on market: 809

Fully Furnished!! Your temporary home is situated on an absolutely stunning estate, with a beautiful front lawn, stone walkway, and professional landscaping. The elegant brick exterior is adorned with large windows. Inside, the home is modern, bright, and open. The lovely archways add some architectural interest and the beautiful paint and flooring provide the perfect backdrop for the décor to shine. The gorgeous furniture and interior design lend a rustic style and create a warm and inviting atmosphere. The front of the home features the living room and dining room beautifully furnished and decorated. The living room has a sofa bed and also opens up to the amazing kitchen so you can all be together. It contains a HUGE custom wood island offering tons of counterspace. You will love being in this fully equipped kitchen whether you are cooking up a fresh meal or just enjoying some local takeout. There is also a breakfast nook that looks out onto the backyard. The heart of the home is the cozy cinema room with a large TV. It has comfy seating, a foosball table, and movie posters adorning the walls. You will have so much fun hanging out in here with the whole group! You will have plenty of room to comfortably spread out in the six spacious bedrooms (the 6th bedroom being the cinema room equipped with a sofa and a sectional) . And with 3 full bathrooms, everyone will be able to get ready in the mornings without making you late for your activities! Be sure to check out the inspiring views from the upstairs balcony off the huge master suite. There’s some cozy seating out here making it a great spot for a bit of peace and serenity. The bedrooms are all decorated and outfitted with your comfort in mind — we know you will want to get a good night’s rest after a day of fun-filled activities. The outdoor area of this home is like having your own mini resort. There is a HUGE deck perfect for lounging or enjoying meals on the patio set, as well as a covered patio area on the ground level featuring a grill. And we cannot forget about the bright blue pool that is colossal and the amazing jacuzzi. There are lounge chairs around the pool and a hammock that provides yet another option for relaxation. You will have the best time out here in your own backyard oasis! With a home this amazing, you might not even want to leave to explore the city. Book now for the ultimate accommodation! Lastly, we must stress that we do NOT allow parties or large unauthorized gatherings of any sort at our property. We are adamant about only welcoming families and groups who are looking to relax and enjoy the beautiful stunning backyard and the amenities the home has to offer. *Please note our oven is not working at the moment but it will be fixed as soon as possible.