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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: $33/month
- HOA FEE FREQ.: Annually
- Taxes: $4,645 (2025)
- Status: Active
- Type: Single Family
- Source: Tyler_MLS
- MLS ID: 26005701
- Updated: 7/13/2026
- Added to Site: 100 day(s) ago
Rental Information
- Complex Features: Lake, Boat Ramp
Interior
- Interior Features: Master Bedroom Split, Breakfast Bar, Ceiling Fan, Vaulted Ceiling(s)
- Fireplace: Yes
- Fireplace(s): Gas, Brick
- Appliances: Electric Range, Dishwasher, Disposal, Microwave, Refrigerator
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Bathroom Features: Shower and Jetted Tub, Double Lavatory, Walk-In Closet, Ceramic Tile
Bedrooms
- Total Bedrooms: 3
Additional Information
- Security/Safety: Security Gate
Exterior
- Exterior Features: Irrigation System, Rain Gutters
- Porch/Patio/Deck: Patio, Covered
Parking
- Garage: Yes
- Garage Spaces: 3
- Parking Features: Inside Entrance, Garage Door Opener, Boat, Concrete
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
Utilities
- Sewer: Aerobic Septic
- Water: Bright Star, Cooperative
- Utility Description: Cable Available, Underground Utilities, Standard Electric, Satellite
Structural Information
- Architectural Style: Traditional
- Construction: Brick
- Foundation: Slab
- Roof: Composition
- Windows: Blinds, Double Pane Windows
- Square Feet: 2,353
- Sq. Ft. Source: WCAD
- Year Built: 2001
- Year Built Source: WCAD
- Property Condition: Pre-owned
Additional Structures
- Other Structures: Mobile Home
Lot Features
- Lot Size (Acres): 0.68
- Frontage: Private Road, Paved
- Lot Features: Corner Lot, Subdivision Lot
- Lot Description: Half to 1 Acre
- Fencing (Description): None
Water Features
- Water Front Name: Lake Fork
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $189.12
- For Sale/Rent/Lease: For Sale
- Association Fee: $400
- Assoc Fee Freq.: Annually
- Tax Amount: $4,645.41
- Tax Year: 2025
- Terms: Conventional, FHA, VA Loan, Cash
Disclosures and Reports
- Special Conditions: Homeowner's Association Dues
- Documents Avail.: Deed Restrictions, Legal
- Legal Description: LOT 16 .678 PENSON POINTS S/D
Listed by Exit Realty Pinnacle Group, Corlie Deaton
Get Pre-Approved Today
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.

