Alba Homes under $500,000

Welcome to Alba, Texas – a hidden gem nestled in the heart of Wood County. This charming small town is known for its friendly atmosphere, rich history, and stunning natural beauty, making it the perfect place to call home. With a population of just over 1,000 residents, Alba offers a tight-knit community feel while still providing access to modern conveniences.

Alba is surrounded by picturesque landscapes, including serene lakes and lush forests, ideal for outdoor enthusiasts. The nearby Lake Fork Reservoir is a popular destination for fishing, boating, and camping, offering endless opportunities for adventure and relaxation. Whether you enjoy hiking scenic trails or simply soaking in the tranquility of nature, Alba has something for everyone.

One of the most appealing aspects of Alba is its affordable housing market. With homes priced under $500,000, you can find a range of options that cater to various lifestyles. From charming single-family homes with spacious yards to cozy cottages perfect for retirees, there’s a property to suit every taste and budget. The real estate market here offers great value, allowing you to invest in your dream home without breaking the bank.

In addition to its affordable housing, Alba boasts a strong sense of community, with local events and festivals that bring residents together throughout the year. If you’re looking for a peaceful, welcoming place to settle down, Alba, Texas, could be the perfect fit for you. Explore the possibilities and discover your new home in this delightful town today!

Newest Alba Homes under $500,000

$345,000

4 Beds ⋅ 2 Baths ⋅ 21406840 MLS

Welcome to Alba, Texas! This spacious Palm Harbor home has so much to offer! Featuring 4 bedrooms, 2 bathrooms, 2 living areas, and 2 dining areas, this home provides plenty of room for comfortable living and entertaining. The large kitchen offers ample space for preparing meals and gathering with family and friends. Step outside and enjoy the covered back patio overlooking the large corner lot with mature trees. The property features two carports with storage, an additional covered carport with a concrete area perfect for outdoor entertaining, and multiple storage buildings for all your extras. The asphalt circle driveway provides easy access and plenty of parking. Conveniently located near beautiful Lake Fork, this property offers space, functionality, and country charm. With so much to offer both inside and out, this is one you don’t want to miss! Schedule your private showing today and come make this property yours!

138 S Campbell St, Alba

$270,000

1 Beds ⋅ 1 Baths ⋅ 21404093 MLS

Welcome to easy peaceful living in this hidden gem on Lake Louise in East Texas! Tucked away in the woods you will find this well maintained charming cottage, open living concept with its large living, dining, kitchen combination and beautiful views of the lake. While it is a one bedroom one bathroom floorplan, don't let this fool you, the house offers additional space with its sunroom for additional sleeper sofa space and additional small office. It also includes a huge walk in closet for storage for all your lake needs. Enjoy your days on your dock or fishing off your pier for bass, brim, catfish and crappie. You can store your fishing equipment in the additional storage building and your kayaks and canoes in the additional storage under the back of the house. This home makes for the perfect getaway, close to Dallas metroplex and all the wonderful East Texas shopping in Mineola and Canton. A true gem that won't last long!

659 County Road 1698, Alba

$239,999

3 Beds ⋅ 2 Baths ⋅ 21391110 MLS

Charming Downtown Alba Home with Historic Character & Modern Comforts Welcome to this spacious and beautifully updated home in the heart of downtown Alba. Blending early 1900s charm with modern convenience, this property features soaring ceilings, oversized trim, and a generous front porch perfect for relaxing evenings. Inside, you'll find 3–4 bedrooms and 2 full bathrooms, plus a flexible floor plan that includes a large utility room, mudroom, formal dining area, and a bonus den or sunroom. The kitchen has been thoughtfully updated with stainless steel appliances, a breakfast bar, coffee station, and a full-sized pantry—ideal for both everyday living and entertaining. Enjoy easy-care laminate wood flooring throughout, abundant storage, and a recently replaced roof for added peace of mind. A storm shelter provides extra security during severe weather, offering protection for your family year-round. Step outside to a spacious backyard with two large storage buildings and a producing persimmon tree—perfect for gardeners or hobbyists. Located in the heart of East Texas, this home offers small-town charm with excellent access to Lake Fork, just minutes away. Conveniently situated 100 miles from DFW, 45 minutes from Tyler, and 25 minutes to I-20.

210 Hopkins, Alba

$375,000

2 Beds ⋅ 2 Baths ⋅ 21389720 MLS

Seller Financing available! Minutes from Lake Fork you will find this unrestricted East Texas property featuring a rustic log cabin, massive metal shop, and flexible office or living space just minutes from world famous Lake Fork! Situated on 3.51 wooded acres in Alba, TX, this one-of-a-kind property offers endless possibilities for residential, business, investment, or recreational use. The charming 1,200 sq ft log cabin is full of character with warm wood interiors, vaulted ceilings in the living room, decorative wood paneling, and a cozy eat in kitchen overlooking the peaceful backyard. The 2-bedroom, 1.5 bath cabin also features a large laundry room, newer roof installed July 2024, and Comfort Maker HVAC system installed September 2024. The standout feature is the impressive 3,200 sq ft commercial style metal building that includes a 1,400 sq ft insulated workshop with bright LED lighting and three oversized roll up doors, perfect for storing boats, RVs, vehicles, equipment, or running a business. Attached is an updated 1,800 sq ft office space with new laminate flooring, fresh paint, updated lighting, and an AC system installed July 2025 that could easily serve as guest quarters, rental space, office use, or additional living area. With no restrictions, plenty of room for expansion, RV parking, or income producing opportunities, this property is ideal for entrepreneurs, investors, hobbyists, or anyone looking for privacy and flexibility near the lake.

1620 N Fm 17, Alba

$199,000

2 Beds ⋅ 2 Baths ⋅ 21388978 MLS

**Beautifully Remodeled Home Near Lake Fork!** Located just minutes from Lake Fork, this charming 2-bedroom home offers the perfect opportunity to enjoy lake life, fishing, entertaining, and making lasting memories. Freshly updated and move-in ready, the home features fresh paint, cosmetic repairs, resurfaced kitchen countertops, foundation leveling, new skirting, and a professional make-ready cleaning. The flexible floor plan provides plenty of space for entertaining and everyday living. The formal dining area was previously a third bedroom and could potentially be converted back, offering additional flexibility to suit your needs. Outside, you'll find an **oversized 3-car garage** with plenty of room for boats, trailers, ATVs, vehicles, and additional storage. The beautiful covered outdoor living pavilion is a true highlight, complete with a freestanding fireplace and ample space for outdoor seating, a TV, entertaining, or simply relaxing and enjoying the peaceful setting. With room for additional storage and space to enjoy every season, this property offers a wonderful combination of comfort, flexibility, and outdoor living. Whether you're looking for a full-time home, weekend getaway, or a place to create cherished memories near the lake, this property is ready to welcome you! **Buyer and buyer's agent to verify square footage, schools, measurements, and all other public information.**

204 Dewitt St, Alba

$129,900

2 Beds ⋅ 1 Baths ⋅ 21379236 MLS

This a charming single wide home steps away from Lake Fork. It features 2 bedrooms, 1 bath and a spacious addition that could be an awesome sun porch or office. The kitchen is updated with beautiful cabinets,charming accents and gorgeous new flooring and subfloor. A new drip style septic was just installed and the seller has done the retrofitting! The spacious yard has a 12x24 woodshop and an 8x16 storage building for tools and lawn equipment. You can sit out back on the cozy porch swing and enjoy the sunsets from the serene back yard. There is ample space for your boat and cars with a potentially 6 car carport. Located on a charming cul-de-sac and literally steps away from Lake Fork this would make an excellent short term rental or a cozy lake getaway.

177 County Road 1556, Alba

$239,900

2 Beds ⋅ 3 Baths ⋅ 21363222 MLS

Charming 1950 Craftsman in the Heart of Alba — Restored, Updated & Full of Character This beautifully restored 1950 Craftsman home is one of Alba’s true classics. Renovated approximately seven years ago with careful attention to preserving its original charm, this gem features refinished hardwood floors, heavy Craftsman-style trim, shiplap wood walls, and many of the original doors complete with glass knobs. Each bedroom offers its own remodeled ensuite bathroom with custom vanities and sinks, and a convenient half bath is located just off the utility room. The shady, park-like backyard includes a wood deck and an almost-new 12×16 TuffShed equipped with electricity and AC — perfect for a workshop, studio, or extra storage. The sellers are also leaving several valuable items to make your move even easier: refrigerator, washer & dryer, kitchen table with barstools, microwave with cabinet, fireplace insert, TV above the fireplace, and a white cabinet in the second bedroom closet. This home exudes warmth, character, and timeless Craftsman appeal. Catch it quick — opportunities like this don’t come often.

220 E Holley St, Alba

$185,000

2 Beds ⋅ 1 Baths ⋅ 21354571 MLS

This 2-bedroom, 1-bath home sits on just over 4 acres near Lake Fork. Enjoy a welcoming front porch, fenced acreage, pond, and insulated shop with plenty of room for hobbies, storage, or projects. Just a little TLC needed to make this place the perfect slice of East Texas.

429 County Road 2610, Alba

$309,999

2 Beds ⋅ 2 Baths ⋅ 21347489 MLS

Enjoy the best of Lake Fork living in this well-maintained 2-bedroom, 2-bath waterfront home located in the desirable Marina Estates community. Situated on approximately 0.32 acres, this property offers a comfortable open-concept layout with abundant natural light and beautiful views of the neighborhood pond and Lake Fork. The spacious kitchen features ample cabinetry and generous counter space, flowing seamlessly into the living and dining areas for easy everyday living and entertaining. A large, covered sunroom spans the back of the home, providing the perfect place to relax year-round while taking in the peaceful waterfront scenery. Step outside to the adjoining deck, ideal for morning coffee or evening sunsets. With its generous size, the sunroom also offers the potential to convert a portion into a third bedroom or additional sleeping space, creating even more flexibility for future owners. Built with low-maintenance siding and a durable metal roof, this home is designed for lasting value. A detached one-car garage provides secure parking along with additional space for fishing equipment, lake toys, or a workshop. Marina Estates residents enjoy access to a private neighborhood boat ramp, making it easy to spend your days fishing, boating, and exploring world-famous Lake Fork. Conveniently located near Alba, Quitman, Emory, Mineola, local marinas, restaurants, and shopping, this property is ideal as a full-time lakefront residence, weekend retreat, vacation home, or income-producing investment. Currently operating as a successful vacation rental and is already booked multiple times throughout the upcoming fall and spring including a consecutive four week booking. It offers an excellent opportunity for short-term rental income while also serving as a wonderful place to call home year-round.

166 County Road 1559, Alba

$305,000

3 Beds ⋅ 2 Baths ⋅ 21347908 MLS

PRICE REDUCED TO $305,000! Welcome to easy East Texas living in this move-in ready 3-bedroom, 2-bath home on 1.69 acres in Alba, Texas. With mature trees, a seasonal creek and wooded acreage, this property offers the space and privacy buyers are looking for without giving up everyday convenience. Built in 2013, the home features a comfortable layout with spacious rooms, abundant natural light and a welcoming living area with tray ceilings. The kitchen offers granite countertops, ample cabinetry and generous workspace, with granite continuing through both bathrooms. The recent improvements are a bonus and add peace of mind for the next owner, including a new roof and outside AC unit in 2024. The motorized electric entrance gate, water heater and microwave were replaced in 2023. Outside is where this property really shines. The fenced yard provides space for pets, children or outdoor activities, while the property continues beyond the fence to a seasonal creek and heavily wooded acreage along the north end. Enjoy the covered back deck, mature trees and abundant wildlife while taking in the peaceful East Texas setting. A storage building provides additional room for lawn equipment, tools or hobbies. Located just minutes from Alba, Mineola, Emory and world-famous Lake Fork, you'll have convenient access to shopping, dining, schools and some of the best bass fishing in the area. If you've been waiting for an affordable East Texas property with room to breathe, this one is worth seeing!

780 S Fm 17, Alba

$320,000

3 Beds ⋅ 2 Baths ⋅ 21337925 MLS

Offered $6,000 below appraisal and open to seller financing, this fully renovated property combines extensive 2025 updates, a half-acre corner lot, and a location approximately 2 miles from Lake Fork. This property offers flexibility for buyers seeking a primary residence, second home, or investment property. It may also be purchased fully furnished for a move-in-ready option. Renovated in 2025, the property features a new roof, windows, HVAC system, water heater, rain gutters, recessed lighting, fresh interior paint, Luxury vinyl flooring, and new carpet in three bedrooms. With two full bathrooms that have been fully updated, offer a spa like feel with smart vanity mirrors, free-standing soaking tub and a glass walk-in shower. Flat-screen TV connections in four rooms for add modern convenience. Outside, the covered entry patio with recessed lighting creates an inviting arrival, while the oversized half-acre corner lot provides additional space for boat and or additional parking spaces. A metal shed offers convenient storage and conveys with the property. (This property is also listed as a Commercial property see MLS: 21377997). Extensive renovations, seller-financing availability, and proximity to Lake Fork, this property offers a distinctive combination of flexibility and location. Schedule a private showing to experience the property and its possibilities in person.

128 N Osborn St, Alba

$450,000

3 Beds ⋅ 3 Baths ⋅ 21338612 MLS

OPEN HOUSE: Sept 19th and 20th Noon-4pm. Escape to the charm of East Texas in this spacious home just steps from world-famous Lake Fork, one of the nation's premier bass fishing destinations. Located just outside Lake Fork Marina, you'll enjoy easy access to the marina's restaurant, convenience store, and boat slips, while the quiet neighborhood offers no through traffic and a private boat ramp exclusively for residents. Inside, warm knotty pine walls and soaring ceilings create the perfect cabin atmosphere, while the open-concept floor plan provides plenty of room for full-time living or weekend getaways. The kitchen features stainless steel appliances, a pantry with convenient pull-out drawers, and abundant storage. The primary bedroom with ensuite bath as well as another bedroom and full bath are located downstairs. An additional bedroom, full bath, and a loft that's ideal for a home office or reading nook are upstairs. The second floor also provides walk-in attic access great for storage. Unlike many of the smaller fishing cabins in the area, this home offers generous living space along with exceptional storage for vehicles, boats, and hobbies. The oversized finished two-car garage is spray foam insulated and is complemented by a 26-foot carport plus an additional golf cart or mower garage. You can park your bass boat in the garage! Garage also has plugins both inside and out. Above the garage, a partially finished bonus room offers endless possibilities as a bunk room for grandkids, hobby space, home office, or extra storage. The refrigerator, washer, and dryer all convey, and most furniture is negotiable, making this an outstanding opportunity for a move-in-ready primary residence, vacation home, or investment property near beautiful Lake Fork. Short term rentals allowed.

271 County Road 1559, Alba

Start Your Search

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

Last updated: