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$445,000
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Property 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!
Full Property Details
Full Property Details for 300 Private Road 5517
General
- Price: $445,000
- HOA FEE: $400
- Taxes: $4,645 (2025)
- Status: Active
- Type: Single Family
- Source: Tyler_MLS
- MLS ID: 26005701
- Updated: 4/26/2026
- Added to Site: 48 day(s) ago
Interior
- Rooms/Areas: Den, Office, Sunroom, 1 Living Area
- Interior Features: Ceiling Fan, Cable TV Available, Blinds, Vaulted Ceilings
- Fireplace: Yes
- Fireplace(s): Gas Logs, Brick
- Appliances: Range/Oven-Electric, Dishwasher, Disposal, Microwave, Refrigerator
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
- Bedroom Features: Master Bedroom Split
Other Rooms
- Dining Room: Breakfast Bar, Breakfast Room, Separate Formal Dining
Additional Information
- Shared Amenities: Boat Ramp
- Pool Description: None
Exterior
- Exterior Features: Patio Open, Patio Covered, Sprinkler System, Gutter(s)
Parking
- Garage Spaces: 3
- Garage Description: Boat Storage, Door w/Opener w/Controls, Side Entry
Location
- County: Wood
- Subdivision: Penson Point
- Driving Directions: From Emory go E on 515 approx 6 miles, to left on PR 5517, third house on the right, SIY
School Information
- Elementary School: Alba Golden
- Middle School: Alba Golden
- High School: Alba Golden
Community
- Association: Yes
Heating & Cooling
- Cooling Type: Central Electric, Ceiling Fan(s)
- Heating Type: Central/Electric
- Water Heater: Standard-Electric
Utilities
- Sewer: Aerobic Septic Sys
- Water Company: Bright Star
- Water: Cooperative
- TV Service: Satellite
Structural Information
- Architectural Style: Traditional
- Exterior Const.: Brick and Wood
- Foundation: Slab
- Roof: Composition
- Square Feet: 2,353
- Sq. Ft. Source: WCAD
- Year Built: 2001
Lot Features
- Lot Size (Acres): 0.68
- Driveway/Sidewalk: Concrete
- Lot Description: Corner, Subdivision Lot
- Fencing (Description): None
Water Features
- Water Front Name: Lake Fork
Financial Considerations
- Association Fee: $400
- Tax Amount: $4,645
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA
Disclosures and Reports
- Special Conditions: Homeowner's Assn Dues
- Docs Filed: Deed Restrictions, Legal Description
Listed by Exit Realty Pinnacle Group, Corlie Deaton
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Schools
Schools serving 300 Private Road 5517
School District:Alba-Golden Independent School District
| Name | Grades | Distance |
|---|---|---|
Alba-Golden Elementary School 1373 County Road 2377, Alba, TX 75410 | PK-5 | 9.2 mi |
Alba-Golden High School 1373 County Road 2377, Alba, TX 75410 | 6-12 | 9.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 300 Private Road 5517
Date
Details
Price
Change
Source
4/22/2026
Listed
$445,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 300 Private Road 5517
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,652
107%
$369,750
2%
2022
$2,245
—
$363,730
13%
2022
$2,245
—
$321,730
55%
2021
$2,249
—
$207,520
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 300 Private Road 5517
300 Private Road 5517, Alba, TX 75410 (MLS# 26005701) is a Single Family property with 3 bedrooms and 3 full bathrooms. 300 Private Road 5517 is currently listed for $445,000 and was received on April 22, 2026. Want to learn more about 300 Private Road 5517? Do you have questions about finding other Single Family real estate for sale in Alba? You can browse all Alba real estate or contact a Coldwell Banker agent to request more information.

