Beautiful Lake Fork waterfront home in the popular gated community of Penson Point priced to sell! This well-maintained home features Old Chicago brick and is surrounded by mature towering oaks plus wonderful landscaping particularly in the backyard down to the water’s edge. The property is fully irrigated from the lake. There’s even a metal fenced dog run next to the garage. You’ll enjoy just about any time of day lounging on the large wood deck overlooking the lake and gorgeous backyard. A cart path extends from the side of the house down to the shoreline to the 2-slip covered dock. Good water depth at the back of the slips approximately 8’-10’. There is low-profile equipment storage as well as a closet housing the irrigation pump and other items. The retaining wall (over 100’) keeps the waterfront looking clean and manicured. Inside the house is just as impressive! Entering from the 3-car garage (most of us seldom use our own front doors!) you step into the utility room…so much more than a laundry room with loads of cabinets and granite counter tops for a myriad uses. Key aspects of the kitchen are double pantries…island with granite top and 5-burner gas cooktop…side-by-side freezer-refrigerator…trash compactor…dish washer…double sinks with disposal…and built-in work desk. Around the corner is the comfortable oversized living area with WBFP…formal dining area and wonderful lake views. The sunroom extends 32’ across the back of the house with large picture windows for outstanding lake views anytime of the year! The large downstairs master bedroom features walk-in closet plus a large bathroom with double sinks…glass enclosure shower…and claw-foot tub. The 2nd and 3rd bedrooms are upstairs and share a jack-n-jill bathroom setup. Finally…there’s a flex room upstairs for whatever purpose you desire but currently it is a superb man-cave with a great view of the backyard and lake. To top it off…you’ll also own half of the lot next door for expansion when needed!
Sold
Price Unknown
578 Private Road 5517, Alba, TX 75410
3beds
3,008sqft
Single Family Residence
Built in 1992
0.62 Acres Lot
$950,100 Zestimate®
$--/sqft
$2,962 Estimated rent
Home value
$950,100
$874,000 - $1.04M
$2,962/mo
Zestimate® history
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List your homeWhat's special
Large picture windowsGorgeous backyardFlex roomLarge wood deckWonderful landscapingGranite counter topsWonderful lake views
Zillow last checked:
Listing updated:
Listed by:
Paul Tibbets 903-243-1926,
Signature Properties, LLC-Lake Fork
Bought with:
Terry Miller, TREC# 0547383
Source: GTARMLS,MLS#: 23013591
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Family Room, Utility Room, Sunroom, 2 Living Areas
Primary bedroom
- Features: Sitting Area in Master
- Level: Main
Bedroom
- Features: Walk-In Closet(s)
Bedroom 1
- Area: 272
- Dimensions: 16 x 17
Bedroom 2
- Area: 176
- Dimensions: 11 x 16
Bedroom 3
- Area: 165
- Dimensions: 11 x 15
Bathroom
- Features: Shower and Tub, Separate Lavatories, Ceramic Tile, Linen Closet
Dining room
- Features: Separate Formal Dining
- Area: 192
- Dimensions: 16 x 12
Kitchen
- Features: Kitchen/Eating Combo, Breakfast Bar
- Area: 400
- Dimensions: 16 x 25
Living room
- Area: 1216
- Dimensions: 32 x 38
Heating
- Central/Electric
Cooling
- Zoned-2
Appliances
- Included: Dishwasher, Disposal, Microwave, Double Oven, Gas Cooktop
Features
- Ceiling Fan(s), Vaulted Ceiling(s), Pantry, Kitchen Island
- Flooring: Carpet, Vinyl Plank
- Windows: Plantation Shutters
- Number of fireplaces: 1
- Fireplace features: One Wood Burning
Interior area
- Total structure area: 3,008
- Total interior livable area: 3,008 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage Faces Side, Door w/Opener w/Controls, Golf Cart Garage
- Garage spaces: 3
- Has uncovered spaces: Yes
- Details: Garage Size: 32 x 24
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck Open, Porch
- Exterior features: Sprinkler System, Gutter(s)
- Pool features: None
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Waterfront, Water/Lakefront
- Body of water: Lake Fork
Lot
- Size: 0.62 Acres
- Dimensions: 207 x 60 x 200 x 224
- Features: Wooded, Subdivision Lot
Details
- Additional structures: Storage, Boat House, Kennel/Dog Run
- Special conditions: None
- Other equipment: Satellite Dish
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick Veneer
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 1992
Utilities & green energy
- Sewer: Aerobic Septic
- Water: Community, Company: Bright Start Salem
- Utilities for property: Underground Utilities, DSL
Community & HOA
Community
- Features: Fishing, Gated
- Security: Security System, Smoke Detector(s)
- Subdivision: Penson Point
HOA
- Has HOA: No
- HOA fee: $400 monthly
Location
- Region: Alba
Financial & listing details
- Annual tax amount: $6,184
- Date on market: 9/17/2025
- Listing terms: Conventional,FHA,VA Loan,Must Qualify,Cash
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2024 | Sold | -- |
Source:  GTARMLS #23013591 Report a problem | ||
| 3/27/2024 | Pending sale | $875,000$291/sqft |
Source: NTREIS #20450509 Report a problem | ||
| 3/18/2024 | Contingent | $875,000$291/sqft |
Source: NTREIS #20450509 Report a problem | ||
| 3/18/2024 | Pending sale | $875,000$291/sqft |
Source: GTARMLS #23013591 Report a problem | ||
| 10/6/2023 | Listed for sale | $875,000$291/sqft |
Source: GTARMLS #23013591 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 75410
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Nearby schools
GreatSchools rating
- 5/10Rains Intermediate SchoolGrades: 3-5Distance: 7.7 mi
- 6/10Rains Junior High SchoolGrades: 6-8Distance: 7.7 mi
- 4/10Rains High SchoolGrades: 9-12Distance: 7.7 mi
Schools provided by the listing agent
- Elementary: Rains County
- Middle: Rains County
- High: Rains County
Source: GTARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Texas
- Rains County
- Emory
- 75410
- 578 Private Road 5517
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