See Home Value
Rains 75410
520 Private Road 5517
$810,000
● House - Off Market

520 Private Road 5517

Alba, TX 75410
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,250 Ft²
$4,104
Est. Monthly
$33
HOA / Fees
2.41%
Cap Rate

About This Property

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 fire pit, enjoying spectacular sunsets. This is your next lake home!
Unit Size
2,250 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$368
Property Type
House
Property Taxes
-
HOA Dues
$33
Year Built
1988

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (NTREIS #20910618)

Price History

Date / Event Date Event Price
Aug 19, 2025 Sold
Sold
Aug 10, 2025 In contract -
In contract
Aug 2, 2025 Price Decreased $829,000
↓ $21K (2.5%)
Price Decreased
Jun 16, 2025 Price Decreased $849,900
↓ $29K (3.3%)
Price Decreased
Apr 16, 2025 Listed by Mayben Realty, LLC $879,000
Listed by Mayben Realty, LLC
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 982
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,293
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,250
  • Gross Building Area: 4,156
  • Building Area: 2,250
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,250
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PENSON POINTS S/D
  • Land Acres: 0000000397
  • Standard Land Use Code: 1001
  • County Land Use Code: A
  • Legal Description 1: LOT 27 PT .397 PENSON POINTS S/D

Neighborhood

  • School District Name: Quitman Independent School District
  • Census Tract: 950101

Geography

  • Account Number: 2101-0000-0270-15
  • Parcel: 55154
  • Lot: 27
  • Municipality: ALBA
  • Latitude: 32.8835
  • Longitude: -95.6556

    Address

  • Full Address: 520 Private Road 5517
  • Address - House Number: 520
  • Address - Street Name: Private Road 5517
  • State: TX
  • City Name: Alba
  • Carrier Code: R003
  • 4-Digit Zip Code: 2665
  • Zip Code: 75410

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $393,386
  • Tax Rate Code Area: GWD SAL WD

    Appraisal Valuation

  • Standard Deviation: 0.2469
  • Valuation Date: Aug 30, 2023
  • Confidence Score: 65
  • Final Value: 703,839
  • High Value: 877,686
  • Low Value: 529,991

    Market Valuation

  • Market Total Value: $651,340
  • Market Land Value: $104,410
  • Market Improvement Value: $546,930

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $651,340
  • Assessed Land Value: $104,410
  • Assessed Improvements Value: $546,930

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 12, 2013
  • Current Sale Recording Date: Jul 15, 2013
  • Current Sale Price:
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2013-00008307
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Rains


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals



Frequently Asked Questions

When was property at 520 Private Road 5517 built and last sold?
The property at 520 Private Road 5517 was built in 1988 and last sold on Jul 12, 2013 for $206,300.
How much is this home worth?
The estimated value of the home located at 520 Private Road 5517 is $0.
What are some comparable homes to 520 Private Road 5517?
There are currently no comparable homes to 520 Private Road 5517.