$829,000
PENDING

520 Private Road 5517 Alba, TX 75410

Estimated payment $4,994/month

Total Views 4,337
3 Beds
2 Baths
2,250 Sq Ft
$368 Price per Sq Ft

Highlights

  • Boathouse
  • Boat Slip
  • Cabana
  • Boat Ramp
  • Gated with Attendant
  • Sitting Area In Primary Bedroom

About This Home

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!

Listing Agent

Jackie Carlson

Mayben Realty - Mt. Vernon License #0734872 Listed on: 04/16/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,722

Year Built

  • Built in 1988

Lot Details

  • 0.69 Acre Lot
  • Waterfront
  • Property fronts a private road
  • Cul-De-Sac
  • Wooded Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,250 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Paneling
  • Ceiling Fan
  • Skylights
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Brick Fireplace
  • Double Pane Windows
  • Blinds
  • Family Room
  • Living Room
  • Open Floorplan
  • Utility Room

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dressing Area
  • 2 Full Bathrooms
  • Tile Bathroom Countertop
  • Double Vanity
  • Private Water Closet
  • Shower Only
  • Linen Closet In Bathroom

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Home Security

  • Home Security System
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 3 Car Garage
  • Workshop in Garage
  • Front Facing Garage
  • Garage Door Opener
  • Golf Cart Garage

Outdoor Features

  • Cabana
  • Boat Slip
  • Boathouse
  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Alba Golden Elementary And Middle School
  • Alba Golden High School

Utilities

  • Central Air
  • Heating Available
  • Tankless Water Heater
  • Aerobic Septic System
  • Satellite Dish

Community Details

Overview

  • Property has a Home Owners Association
  • Pension Point Subdivision

Recreation

  • Boat Ramp

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,722

Year Built

Built in 1988

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 520 Private Road 5517
  • Second Address Number: 520
  • LakeCommunity: No
  • Unit Levels: 1 Story
  • HOAClubAmount: 400
  • HOAClubYN: Yes
  • OccurenceOfFee2: Yearly
  • PrimaryType: Single Family Detached
  • PublicRemarksAmenities: 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!
  • OFFICELIST_STATE: TX
  • STREETUTILITIES: Paved, Private Street
  • Building Style: Traditional
  • Subdivision Name: Pension Point
  • Water Company: Bright Star
  • YearOfConstruction: 1988
  • HistoricalDistrictYN: No
  • HistoricalHomesDesignationYN: No
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1988

Interior Features

  • Primary Bathroom: Shower Only, Dressing Area, Double Lavatory, Separate Water Closet, Walk-In Closet, Tile, Linen Closet
  • Master Bedroom: Master Bedroom Split, Sitting Area in Master, Walk-In Closet
  • Number of Dining Areas: Formal Living Combo, Kitchen/Eating Combo, Breakfast Bar
  • Energy Efficiency: Attic Fan, Double Pane Windows, Storm Door(s)
  • Fireplace: One Wood Burning, Wood Burning Stove, Brick
  • Flooring: Carpet, Wood, Tile
  • Interior Amenities: Paneling, Wet Bar, Ceiling Fan, Security System, Skylight(s), Attic Stairs, Blinds, Smoke Alarm
  • Kitchen Equipment: Range/Oven-Electric, Dishwasher, Disposal, Microwave, Trash Compactor, Island
  • Master Bedroom: Family Room, Utility Room, Other/See Remarks, 1 Living Area
  • Source of Sq Ft: CAD

Exterior Features

  • Exterior Construction: Brick and Wood
  • Fencing: None
  • Exterior: Patio Open, Patio Covered, Gutter(s), Other/See Remarks, Porch
  • Foundation: Slab
  • Lake Name: Lake Fork
  • Neighborhood Amenities: Security - Gated, Boat Ramp
  • Out Buildings: Cabana, Boat Slip, Boat House
  • Pool/Spa: None
  • Roof: Composition
  • Waterfront: Yes
  • Water View: No

Garage/Parking

  • Driveway: Concrete
  • Garage Spaces: 3
  • Garage/Carport Description: Door w/Opener w/Controls, Golf Cart Storage, Workshop Area, Front Entry

Utilities

  • Cooling: Central Electric, Attic Fan, Ceiling Fan(s)
  • Internet Access: Satellite
  • Heating: Central/Electric, Wood Burning Stove
  • Sewer: Aerobic Septic Sys
  • Water Heater: Tankless-Electric, Standard-Electric

Fee Information

  • Tax Class: RESIDENTIAL
  • Taxes: 5,721.86

Schools

  • Elementary School: Alba Golden
  • Middle School: Alba Golden
  • High School: Alba Golden
  • Elementary School: Alba Golden
  • High School: Alba Golden
  • Middle School: Alba Golden

Lot Info

  • Lot/Land Description: Water/Lakefront, Cul-De-Sac, Wooded, Subdivision Lot
  • Total Acres: 0.69

Tax Info

  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,722 $699,930 $158,880 $541,050
2023 $5,211 $651,340 $104,410 $546,930
2022 $5,513 $571,500 $90,790 $480,710
2021 $5,660 $396,410 $90,790 $305,620
2020 $5,269 $323,260 $51,880 $271,380
2019 $5,155 $281,590 $38,250 $243,340
2018 $4,899 $266,000 $38,250 $227,750
2017 $4,928 $266,000 $38,250 $227,750
2016 $4,928 $266,000 $38,250 $227,750
2015 -- $266,000 $38,250 $227,750
2014 -- $266,000 $38,250 $227,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 Pending -- -- --
08/02/2025 08/02/25 Price Changed $829,000 -2.5% $368 / Sq Ft
06/16/2025 06/16/25 Price Changed $849,900 -3.3% $378 / Sq Ft
04/16/2025 04/16/25 For Sale $879,000 +13.4% $391 / Sq Ft
07/08/2024 07/08/24 Sold -- -- --
06/19/2024 06/19/24 Price Changed $775,000 +1.3% $344 / Sq Ft
06/02/2024 06/02/24 Pending -- -- --
05/29/2024 05/29/24 Price Changed $765,000 -2.5% $340 / Sq Ft
05/17/2024 05/17/24 For Sale $785,000 -- $349 / Sq Ft
Source: Greater Tyler Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Vendors Lien -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $620,000 New Conventional
Previous Owner $165,000 New Conventional
Previous Owner $285,000 Adjustable Rate Mortgage/ARM
Source: Public Records

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Source: Greater Tyler Association of REALTORS®

MLS Number: 25005781

Greater Tyler Association of REALTORS®

APN: R55154