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$400,000

5202 Panama Dr, Rowlett, TX, 75088

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,326 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$171.97 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave, Convection Oven, Refrigerator
FlooringCarpet, Ceramic Tile, Hardwood, Tile

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size9,986 sqft

Building Information

Year Built1995
Stories1
Roof Type105
Garage Spaces2

Land Information

APN44001920080060000
Lot Number6
SubdivisionHarborside
Land UseResidential
Legal DescriptionHARBORSIDE ESTATES 2 BLK 8 LT 6 INT202300152430 DD07282023 CO-DC 0019200800600 1CW00192008
Census Tract018145
Assessed Land Value$120,000
Assessed Improvement Value$286,840
Assessment Year2025

About this property

Rare opportunity to own a ONE STORY home in desirable Harborside Estates. Beautiful curb appeal! Well Maintained with vaulted ceilings and stunning cherry wood hardwood flooring throughout. Entire home is freshly painted. Updates include modern lighting, secondary bedrm carpet, ORB bath fixtures, recently installed Oven and Dishwasher have never been used. Spacious White Kitchen with green accents has so much storage! Family room has built-in Bookshelf and Media Center with a Gas fireplace. Formal living at front is a perfect office space, separated from rest of home. Easily add doors for more privacy. Windows have great natural light and energy efficient solar screens. Primary bedrm faces front and screens provide privacy from exterior. Primary has linen closet and large WIC. Oversized Garage has built-in storage. Catch a glimpse of Lake Ray Hubbard from the front yard! Enjoy lake life, quick access to GBT, shopping and restaurants. HOA includes Pool, Playground and Basketball Court.

Investor Tools

Property Icon
$406,840
Estimated Property Value
$351,200Estimated Mortgage Balance
$73,260Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,441 /month
Positive
Cash Flow Estimate:
$814 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$841/month
$185/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,053
$406,840
2025
$120,000
$286,840
$406,840
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,053
$406,840

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Unknown
$351,200
No
First
Aug 17, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$333,580
$73,260
18%
82%
$2,106/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$2,291/mo
+$409/mo
8.0%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Rowlett

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5202 Panama Dr | Property Details | No Agent List