This breathtaking lakefront home is located in the gated Penson Point community, offering picturesque views of Lake Fork and is surrounded by magnificent trees. To booth the leaseback gives an additional 0.8 acres. A grand brick columns on each side of the driveway greets you as you arrive to this move-in ready residence spans 2,250 sq ft and features three bedrooms and two updated full bathrooms, along with a freshly painted living area with high ceilings. The combined dining and living space is perfect for hosting large gatherings, highlighted by a grand brick fireplace that adds a warm ambiance. The chic kitchen is outfitted with stainless steel appliances and a welcoming eat-in island, while an extra dining nook serves as an ideal spot for games or enjoying your morning coffee. Step outside to the patio area to take in the lake view and the calming sounds of nature. The spacious master bedroom is a perfect sanctuary for curling up with a good book and unwinding after a long day. The en suite features a large walk-in shower, a double sink vanity with a makeup area, and an expansive walk-in closet that includes a safe. Additionally, the property boasts a three-car garage with ample workspace and a fully screened cabana equipped with electrical wiring and TV capabilities. With 200 feet of water frontage, the shoreline features a two-stall boathouse, plus a large deck ideal for fishing or entertaining, and a cleaning sink area, all while showcasing breathtaking views. Spend your evenings by the firepit, enjoying spectacular sunsets. If the charm of lake life is calling you, this home is a must-see!
For sale
$879,000
520 Private Road 5517, Alba, TX 75410
3beds
2,250sqft
Est.:
Single Family Residence
Built in 1988
0.69 Acres Lot
$852,200 Zestimate®
$391/sqft
$33/mo HOA
What's special
Fully screened cabanaGrand brick fireplacePatio areaHigh ceilingsMagnificent treesStainless steel appliancesExpansive walk-in closet
- 9 days
- on Zillow |
- 283 |
- 15 |
Zillow last checked: 7 hours ago
Listing updated: April 21, 2025 at 01:12pm
Listed by:
Jackie Carlson,
Mayben Realty - Mt. Vernon
Source: GTARMLS,MLS#: 25005781

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Family Room, Utility Room, Other/See Remarks, 1 Living Area
Primary bedroom
- Features: Master Bedroom Split, Sitting Area in Master
Bedroom
- Features: Walk-In Closet(s)
Bathroom
- Features: Shower Only, Dressing Area, Double Lavatory, Separate Water Closet, Walk-In Closet(s), Bar, Linen Closet
Dining room
- Features: Formal Living Combo
Kitchen
- Features: Kitchen/Eating Combo, Breakfast Bar
Heating
- Central/Electric
Cooling
- Central Electric, Attic Fan
Appliances
- Included: Range/Oven-Electric, Dishwasher, Disposal, Microwave, Trash Compactor, Tankless Electric Water Heater, Electric Water Heater
Features
- Paneling, Wet Bar, Ceiling Fan(s), Kitchen Island
- Flooring: Carpet, Wood, Tile
- Doors: Storm Door(s)
- Windows: Skylight(s), Blinds, Double Pane Windows
- Attic: Attic Stairs
- Number of fireplaces: 1
- Fireplace features: One Wood Burning, Wood Burning Stove, Brick
Interior area
- Total structure area: 2,250
- Total interior livable area: 2,250 sqft
Property
Parking
- Total spaces: 3
- Parking features: Door w/Opener w/Controls, Golf Cart Garage, Workshop in Garage, Garage Faces Front
- Garage spaces: 3
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio Open, Patio Covered, Porch
- Exterior features: Gutter(s), Other/See Remarks, Boat Slip
- Pool features: None
- Fencing: None
- Waterfront features: Waterfront, Water/Lakefront
- Body of water: Lake Fork
Lot
- Size: 0.69 Acres
- Features: Cul-De-Sac, Wooded, Subdivision Lot
Details
- Additional structures: Cabana, Boat House
- Parcel number: 000000055154
- Special conditions: Homeowner's Assn Dues
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick and Wood
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 1988
Utilities & green energy
- Electric: Company: Wcc Energy
- Sewer: Aerobic Septic
- Water: Company: Bright Star
- Utilities for property: Satellite Internet
Community & HOA
Community
- Features: Gated, Boat Ramp
- Security: Security Gate, Security System, Smoke Detector(s)
- Subdivision: Pension Point
HOA
- Has HOA: Yes
- HOA fee: $400 annually
Location
- Region: Alba
Financial & listing details
- Price per square foot: $391/sqft
- Tax assessed value: $699,930
- Annual tax amount: $2,637
- Date on market: 4/16/2025
- Listing terms: Conventional,VA Loan,Cash,Lease Back
- Road surface type: Paved
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