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503 Neeleys Slough Drive

Possum Kingdom Lake, TX 76449

$1,375,000 Pending

4 bd · 2.5 ba · 2,338 sq ft · 1.03 ac

Bedrooms4
Bathrooms2.5
Living area2,338 sq ft
Lot size1.025 acres
Year built2000
Stories2
GarageNone listed
TypeSingle-family

What it costs to own

Taxes$12,420 per year
MUDNone listed
HOA$200 per year · Neeleys Slough POA - Virginia Nisbet
Price per sq ft$588 per sq ft

Taxes shown reflect the current owner's exemptions and may change after purchase.

About this home

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.

The details

HeatingCentral, Electric, Pellet Stove
CoolingCeiling Fan(s), Central Air, Electric
FlooringSlate, Tile, Wood
AppliancesDishwasher, Electric Cooktop, Electric Oven, Microwave, Refrigerator
Interior featuresGranite Counters, Pantry, Vaulted Ceiling(s)
Bathrooms2 full · 1 half
Fireplace1 · Blower Fan, Pellet Stove

Construction materialsStucco, Wood
RoofComposition
FoundationCombination, Pillar/Post/Pier, Slab

Lot featuresSloped, Waterfront
Water sourcePrivate
SewerSeptic
ElectricCo-op Electric

SubdivisionNewley’s Slough
Community featuresBoat Ramp, Gated, Guarded Entrance, Marina, Restaurant, Tennis Court(s)

ElementaryPalo Pinto
Middle schoolPalo Pinto
High schoolPalo Pinto
DistrictPalo Pinto ISD

MLS #21374415
Source
On the market17 days
CountyPalo Pinto

Around this home

One moment…

Everyday life

Nearest groceryTommy · 20 mi
Nearest parkBlackman Park · 13 mi

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Listing courtesy of Possum Kingdom Real Estate — Jonathan Fowler.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21374415. Information last updated October 16, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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