Skip To Content

503 Neeleys Slough Drive

Possum Kingdom Lake, TX 76449
  • $1,375,000
  • STATUS: Active Contingent
  • ON SITE: 32 Days
  • MLS #: 21374415
Under Contract
UPDATED: 53 min ago
$1,375,000
  • 4
    BEDS
  • 1.02
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 2,338
    SQFT
  • $588
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2000
County:

School Information

Elementary School:
High School:
School District:
Offered by Jonathan Fowler of Possum Kingdom Real Estate: (940) 779-1111.

Description

EXCEPTIONAL WATERFRONT VALUE ON DEEP, PROTECTED WATER AT POSSUM KINGDOM LAKE. Offered through a relocation company, this 4-bedroom, 2.5-bath lake home delivers a hard-to-find combination at PK: approximately 1 acre, 100+ feet of shoreline, deep protected water and a private boat dock in Neeleys Slough Cove.Built in 2000, the two-story home offers 2,334 square feet with a spacious split-bedroom floor plan and plenty of room for family and guests. Wood floors, a pellet stove and abundant natural light create a comfortable lake-house feel, while the bright kitchen provides generous counter space and a large pantry. An unfinished attic area adjoining the bunk room offers the potential for additional enclosed closet or storage space.Outdoor living is a standout. A large rock patio with fireplace provides a natural gathering place after a day on the lake, while the lakeview deck is positioned for peaceful morning sunrises. The private dock includes both a boat lift and PWC lift, providing direct access to the deep water of this protected cove.Recent improvements include a new roof and AC in 2024. A covered carport and additional storage add convenience.Another unique advantage is the location. The property is accessed through the guarded entrance of The Cliffs Resort but is NOT part of The Cliffs POA, allowing the owner to enjoy this desirable location with substantially lower annual association dues. The Chaparral Grill and marina are conveniently accessible. For buyers who also want full access to The Cliffs’ private amenities, a modestly priced interior lot within the resort can be purchased separately to obtain those additional ownership benefits.Whether you’re looking for a private lake retreat, full-time residence or potential VACATION RENTAL, this property offers an exceptional combination of deep protected water, acreage, substantial shoreline, private dock and outdoor living at Possum Kingdom Lake.

Monthly Payment Calculator



© 2026 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices PenFed Realty Texas. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices PenFed Realty Texas are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-10-08T08:43:31.327.
www.rhodesteamtexas.com/homes/180915133
Print Image

503 Neeleys Slough Drive Possum Kingdom Lake, TX 76449

  • Price: $1,375,000
  • Status: Active Contingent
  • On Site: 32 Days
  • Updated: 53 min ago
  • MLS #: 21374415
4
Beds
2
Baths
1
½ Baths
1.02
Acres
2,338
SQFT
$588
$/SQFT
2000
Built
Neighborhood:
Newley’S Slough
County:
Palo Pinto
Area:
Possum Kingdom Lake
Elementary School:
Palo Pinto
High School:
Palo Pinto
School District:
Palo Pinto ISD
Property Description
EXCEPTIONAL WATERFRONT VALUE ON DEEP, PROTECTED WATER AT POSSUM KINGDOM LAKE. Offered through a relocation company, this 4-bedroom, 2.5-bath lake home delivers a hard-to-find combination at PK: approximately 1 acre, 100+ feet of shoreline, deep protected water and a private boat dock in Neeleys Slough Cove.Built in 2000, the two-story home offers 2,334 square feet with a spacious split-bedroom floor plan and plenty of room for family and guests. Wood floors, a pellet stove and abundant natural light create a comfortable lake-house feel, while the bright kitchen provides generous counter space and a large pantry. An unfinished attic area adjoining the bunk room offers the potential for additional enclosed closet or storage space.Outdoor living is a standout. A large rock patio with fireplace provides a natural gathering place after a day on the lake, while the lakeview deck is positioned for peaceful morning sunrises. The private dock includes both a boat lift and PWC lift, providing direct access to the deep water of this protected cove.Recent improvements include a new roof and AC in 2024. A covered carport and additional storage add convenience.Another unique advantage is the location. The property is accessed through the guarded entrance of The Cliffs Resort but is NOT part of The Cliffs POA, allowing the owner to enjoy this desirable location with substantially lower annual association dues. The Chaparral Grill and marina are conveniently accessible. For buyers who also want full access to The Cliffs’ private amenities, a modestly priced interior lot within the resort can be purchased separately to obtain those additional ownership benefits.Whether you’re looking for a private lake retreat, full-time residence or potential VACATION RENTAL, this property offers an exceptional combination of deep protected water, acreage, substantial shoreline, private dock and outdoor living at Possum Kingdom Lake.
Exterior Features

Carport Spaces 2 Construction StuccoWood Covered Spaces 2 Dock Permitted Yes Exterior Features Boat SlipCovered DeckRain GuttersOutdoor Living Center Foundation CombinationPillar/Post/PierSlab Housing Type Lake House Lot Description SlopedWater/Lake ViewWaterfront Lot Size Source Assessor Parking Or Garage Circular DrivewayConcreteDetached Carport Patio And Porch Features CoveredDeckPatioRear Porch Pool On Property No Roof Composition Style Traditional Waterfront Features Dock – CoveredLake FrontPersonal Watercraft Lift Waterfront YN Yes

Interior Features

Appliances DishwasherElectric CooktopElectric OvenMicrowaveRefrigerator Attached Garage No Basement No Cooling Ceiling Fan(s)Central AirElectric Dining Areas 1 Fireplace Features Blower FanPellet Stove Fireplaces 1 Flooring SlateTileWood Garage No Handicap YN No Heating CentralElectricPellet Stove Interior Features Granite CountersPantryVaulted Ceiling(s) Laundry Features Utility Room Living Areas 1 Rooms Bedroom-Primary (2 Level) Living Room (1 Level)

Property Features

Accessory Unit YN No Barns1 0 Common Features Boat RampGatedGuarded EntranceMarinaRestaurantTennis Court(s) Construction Status Preowned Easements Utilities HOA Mandatory Hoa Billing Freq Annually Hoa Dues 200 Hoa Includes Trash HOAManagement Company Neeleys Slough POA - Virginia Nisbet HOAManagement Company Phone 214-783-5184 Lake Name Possum Kingdom Lake Pump Yes Levels Two Listing Terms 1031 ExchangeCashConventional Municipal Utility District No Other Structures Storage Platted Waterfront Boundary 108 Possession Closing/Funding Property Attached No Property Type Single Family Residence Senior Community No Unexempt Taxes 12420 Utilities AsphaltCo-op ElectricOutside City LimitsPrivate WaterSepticNo City Services Will Subdivide No

North Texas Real Estate Information Systems MLS logo Listing information © 2026 North Texas Real Estate Information System.


© 2026 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices PenFed Realty Texas. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices PenFed Realty Texas are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-10-08T08:43:31.327.
 
https://bt-photos.global.ssl.fastly.net/ntreis/orig_boomver_1_21374415-2.jpg https://bt-photos.global.ssl.fastly.net/ntreis/orig_boomver_1_21374415-2.jpg https://bt-photos.global.ssl.fastly.net/ntreis/orig_boomver_1_21374415-2.jpg
Logo
Berkshire Hathaway HomeServices PenFed Realty Texas
3624 Long Prairie Road, Suite 100
Flower Mound TX, 75022
Offered by Jonathan Fowler of Possum Kingdom Real Estate: (940) 779-1111.