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Financing available

$699,000

336 Private Road 5517, Alba, TX 75410

3
beds
2.5
baths
2,262
sqft

Est. with seller financing: $6,138/mo

  • Single-family
  • Built in 2019
  • 29,359 sq ft lot
  • $309/sqft
  • $33/mo HOA
  • Wood County

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Seller financing is available to qualified buyers.

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About this home

Lake Fork’s Penson Point offers true lakefront living in this rare opportunity to own a beautifully updated retreat within a gated community on one of Texas’ premier boating and fishing lakes. This thoughtfully designed three-bedroom, two-and-a-half-bath home showcases stunning lake views from both inside and out. The recently updated open-concept kitchen features an island, refreshed hardware, and seamless flow into the expansive living room, where 10-foot ceilings and custom built-in shelving enhance the space. Walls of windows frame the water beyond, creating a constant connection to the lake while filling the home with natural light. The split-bedroom layout ensures privacy, with the primary suite serving as a true retreat offering direct patio access, peaceful lake views, and an oversized walk-in closet large enough to function as an additional room. One secondary bedroom also enjoys lake views, while an additional flexible living area is ideal for a home office, game room, or media space. Outdoor living is exceptional, with expansive patio space perfect for dining, relaxing, or working outdoors. The property includes a private boat slip, gated access, and use of a private community boat ramp, all set on a major boating and fishing lake. The home sits on .674 acres deeded, plus additional Sabine River Authority leased acreage for only $100 per year, providing nearly three acres of usable outdoor space. Raised garden beds, mature trees, and hammock-ready shade create a private, resort-style setting. Residents enjoy a vibrant neighborhood atmosphere with friendly neighbors, Fourth of July fireworks displays, Super Bowl gatherings, and golf cart parades. Located just 90 minutes from Dallas, this Lake Fork property offers a rare combination of privacy, accessibility, and lifestyle, making it ideal for full-time living or the ultimate lake getaway.

Facts & features

Interior

Features

  • Built In Features
  • Chandelier
  • Decorative Designer Lighting Fixtures
  • Double Vanity
  • Eat In Kitchen
  • High Speed Internet
  • Kitchen Island
  • Open Floorplan
  • Pantry
  • Walk In Closets

Heating & cooling

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fans, Electric

Flooring

  • Luxury Vinyl Plank

Appliances

  • Convection Oven
  • Double Oven
  • Dishwasher
  • Electric Cooktop
  • Electric Oven
  • Electric Water Heater
  • Disposal
  • Microwave

Fireplace

  • Fireplaces: 1
  • Living Room
  • Wood Burning

Laundry

  • Washer Hookup
  • Dryer Hookup
  • Electric Dryer Hookup
  • Laundry In Utility Room

Exterior & lot

Features

  • Boat Slip
  • Garden
  • Lighting
  • Outdoor Living Area
  • Rain Gutters

Construction

  • Style: Traditional, Detached
  • Stories: 1
  • Roof: Composition
  • Foundation: Slab
  • Materials: Brick

Parking

  • Garage spaces: 2
  • Door Single
  • Garage
  • Garage Door Opener
  • Side By Side

Lot

  • Back Yard
  • Cul De Sac
  • Garden
  • Backs To Greenbelt Park
  • Interior Lot
  • Irregular Lot
  • Lawn
  • Landscaped
  • Subdivision
  • Sprinkler System
  • Few Trees
  • Waterfront
  • Retaining Wall
  • View: Water

Community

Neighborhood

  • Subdivision: Penson Point Sub

HOA

  • Community

Schools

  • District: Alba-Golden ISD
  • Elementary: Albagolden
  • Middle: Albagolden
  • High: Albagolden

Financial & listing details

Listing

  • Price per sq ft: $309
  • County: Wood
  • Financing: Financing available from HFP, powered by Doorly

Estimated payment with seller financing

Est. seller-financed payment

$6,138/mo

Principal & interest
$5,062/mo
Property taxes
$717/mo
Homeowners insurance (est.)
$326/mo
HOA dues
$33/mo
Loan amount
$629,100
Seller financing rate (est.)
9.00%
Term
30-year fixed
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This estimate uses our seller financing program's rate. Taxes are from listing data and insurance is estimated. Your actual payment may be higher. Estimate only. Your final rate, payment, and terms are based on approval. This is not a commitment to lend.

How buying this home works

  1. 1

    Get qualified

    We look at your ability to pay, not just a credit score. Self-employed and ITIN buyers welcome.

  2. 2

    Pick this home

    Once you're approved, tell us this is the one. We handle the purchase from the seller.

  3. 3

    Move in

    We resell the home to you at closing, so the title is in your name. Then make one fixed monthly payment, no bank required.

Location

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Seller financing for this home is available to qualified buyers from HFP, powered by Doorly, only on this site. The seller and listing agent are not affiliated with HFP and cannot offer this program directly.

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Listing courtesy of Cynthia Paine Drennan, Dave Perry Miller Real Estate · MLS #21197160 ·

Listing information provided by North Texas Real Estate Information Systems (NTREIS) through IDX. Information is deemed reliable but not guaranteed and should be independently verified. Last updated Oct 9, 2026.

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