300 Private Road 5517, Alba, TX 75410
Penson Point · Wood County
Key Facts
Description
Welcome to your dream lake retreat in the exclusive gated community of Penson Point on world-renowned Lake Fork—famous for some of the best bass fishing in Texas! This beautifully maintained 3-bedroom, 3-bath home offers 2,353 square feet of comfortable living space, perfectly situated on a spacious 0.68-acre lot. Built in 2001, the home features a desirable split master floor plan, providing both privacy and functionality. Step inside to find soaring vaulted ceilings and a stunning rock brick fireplace with gas logs that anchors the main living area. The thoughtfully designed layout includes a dedicated office, formal dining room, and a cozy breakfast nook—ideal for both everyday living and entertaining. The spacious primary suite is a true retreat with vaulted ceilings and a luxurious en-suite bath featuring a garden tub, walk-in shower, double vanities, and a large walk-in closet. Outside, enjoy everything lake life has to offer! A community boat ramp and pier provide easy access to Lake Fork, while the backyard outdoor entertaining area is perfect for relaxing or hosting gatherings. The circular drive offers ample parking in addition to the oversized 3-car garage. Whether you’re looking for a full-time residence or a weekend getaway, this property combines comfort, convenience, and unbeatable access to world-class fishing. Schedule your showing today and start living the lake life!
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Traditional
Year Built
2001
Stories
1
Living Area
2,353 sq ft
Lot Size
0.68 acres
Garage Spaces
3
Days on Market
63
MLS® Listing#
26005701
Property Features
Interior
Appliances
Cooling
Heating
Flooring
Fireplace
Parking
Patio
Lot Features
Construction
Roof
Utilities
Sewer
Schools
- Elementary:
- Alba Golden
- Middle:
- Alba Golden
- High:
- Alba Golden
Financial Details
HOA
$400 / Annually
Annual Taxes
$4,645
Tax year 2025
Parcel Number
55146
Directions
From Emory go E on 515 approx 6 miles, to left on PR 5517, third house on the right, SIY
Affordability Calculator
$89,000
Estimated monthly payment
$2,368/mo
Principal $356,000 · Est. interest $496,652 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Alba, TX
- $346,154
- Median Listing Price
- 82
- Median Days on Market
- 1,889
- Median Sq Ft
- $189
- Median Price / Sq Ft
- 58
- Active Listings
- This home’s price is 29% above the area median.
- Its price per sq ft is right around the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Alba, TX.
Location
- 300 Private Road 5517, Alba, TX 75410
Points of Interest in Alba, TX
Showing the Alba area map.
Nearby Schools
Yantis School
Secondary · 5.7 mi away
Rains Isd
Secondary · 7.9 mi away
Rains Elementary School
Elementary · 8.1 mi away
Alba Golden Isd
Secondary · 9.2 mi away
Alba-Golden Elementary
Elementary · 9.3 mi away
Miller Grove Isd
School · 13.0 mi away
QHS
School · 13.4 mi away
Grand Saline High School
Secondary · 13.9 mi away
Grand Saline Middle School
Secondary · 13.9 mi away
Quitman Elementary School
Elementary · 13.9 mi away
Grand Saline Intermediate School
School · 13.9 mi away
Grand Saline H S
Secondary · 14.0 mi away
Grand Saline Elementary School
Elementary · 14.0 mi away
Quitman Junior High
Elementary · 14.3 mi away
Quitman J H
Secondary · 14.3 mi away
Van Zandt-Rains Alt School
School · 14.5 mi away
Quitman Independent School District
School · 14.7 mi away
Cedar Point Biological Station
School · 15.9 mi away
Fruitvale High School
Secondary · 16.0 mi away
Hallie Randall Elementary
Elementary · 16.1 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1624 CR 1560, Alba, TX | $320,000 | 5 | — | 2,626 |
| 1624 County Road 1560, Alba, TX | $320,000 | 5 | 2 | 2,626 |
| 536 CR 2373, Alba, TX | $327,000 | 3 | — | 1,842 |
| 269 E Holley St, Alba, TX | $328,000 | 3 | — | 1,741 |
| 884 County Road 2950, Alba, TX | $340,000 | 2 | — | 840 |
| 391 County Road 1610, Alba, TX | $375,000 | 3 | — | 1,914 |
Moving Cost Estimate
EXIT Agents in Alba
Listing Courtesy: Exit Realty Pinnacle Group - 9033564700