




$69,000
NAL Estimated Property ValueLOT 19 Private Road 5517, Alba, TX, 75410
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About this property
Perfectly Placed in Penson Point Subdivision. Lot 19 is a stunningly, beautiful, waterfront lot with huge, mature, oak trees. This home site offers its owner a fairly level building site making construction so much easier and eliminating headaches and possibly some cost over runs. This waterfront home site already has a concrete retaining wall and comes with its own boat slip which includes electricity, a cleaning station and boat lift. The canal was dredged out heading to the lake so it has approximately 7 ft water in the center when the lake is full. The subdivision has water, electric and telephone service at the road. You also have easy access to the subdivision’s boat ramp when you and your friends are ready to get on Lake Fork. On either side of lot 19 there are homes already built so you do not have to worry about what’s going on the other side. Penson Point is a gated subdivision with easy access to either of the two sides of Lake Fork.
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Alba
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