HomesPossum Kingdom Lake › 503 Neeleys Slough Drive
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$1,375,000

503 Neeleys Slough Drive

Possum Kingdom Lake, TX 76449 · Newley’s Slough · Palo Pinto County
ActiveMLS #21374415 · Single Family Residence
4Beds
3Baths
2,338Sq Ft
1.025Acres
2000Built
Bestimate
$565,000 – $830,000

Rough estimate — a quick conversation with James dials in the real number.

Automated range from 43 comparable homes currently listed in ZIP 76449 (asking prices for similar size and bedrooms — not sale prices). Not an appraisal or broker price opinion.

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.

Courtesy of Possum Kingdom Real Estate — listing agent Jonathan Fowler
Contact the listing firm: (940) 779-1111 · support@possumkingdom.com

Home facts

Overview

Price
$1,375,000
Price per sq ft
$588
Status
Active
Property type
Single Family Residence
Year built
2000
Condition
Resale
Style
Traditional
Stories
2
Levels
Two
Days on market
4

Bedrooms & bathrooms

Bedrooms
4
Full bathrooms
2
Half bathrooms
1
Living area
2,338 sq ft

Interior

Features
Granite Counters, Pantry, Vaulted Ceilings
Appliances
Dishwasher, Electric Cooktop, Electric Oven, Microwave, Refrigerator
Flooring
Slate, Tile, Wood
Fireplaces
1 · Blower Fan, Pellet Stove
Heating
Central, Electric, Pellet Stove
Cooling
Central Air, Ceiling Fans, Electric
Laundry
Laundry In Utility Room
Security
Gated With Guard

Exterior & lot

Lot size
1.025 acres · 44,649 sq ft
Lot
Sloped, Waterfront
Exterior features
Boat Slip, Deck, Outdoor Living Area, Rain Gutters
Patio & porch
Rear Porch, Patio, Covered, Deck
Waterfront
Yes
Roof
Composition
Foundation
Combination, Pillar Post Pier, Slab
Construction
Stucco, Wood Siding

Parking

Carport spaces
2
Parking
Circular Driveway, Concrete, Detached Carport

HOA & taxes

HOA
Yes
HOA fee
$200 annually
HOA includes
Trash
Community features
Boat Facilities, Gated, Marina, Restaurant, Tennis Courts
Annual property tax (per MLS)
$12,420

Utilities & efficiency

Utilities
Electricity Available, Septic Available, Water Available
Water
Private
Sewer
Septic Tank

Facts are from the listing on the NTREIS MLS, shown as provided. Verify anything important to you.

Assigned schools

School assignments come from the MLS and can change, so confirm them with the district. For school ratings and accountability reports, see GreatSchools.org and TXschools.gov (Texas Education Agency). Information provided for general reference; buyers should independently verify schools, districts, and community details.

Neighborhood & nearby

Newley’s Slough subdivision · Possum Kingdom Lake, TX 76449 · Palo Pinto County

Dining

  • Chaparral Grill 0.7 mi

Straight-line distances. Places data © OpenStreetMap contributors. Information provided for general reference; buyers should independently verify schools, districts, and community details.

Listing updated Sep 8, 2026, 7:30 PM CT
Presented by James Baker, Broker · MTX Realty, LLC · TREC #640642-B

Listing data last updated Sep 12, 2026, 9:53 AM CT

Information deemed reliable but not guaranteed accurate by the MLS. 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. © 2026 North Texas Real Estate Information Systems, Inc. (NTREIS). All rights reserved. Data last updated Sep 12, 2026, 9:53 AM CT.

Listings marked with the NTREIS logo are provided through the NTREIS Internet Data Exchange (IDX) program. IDX data may not be reproduced or redistributed. Status key: Active means available; Active Under Contract and Pending mean under contract but not yet closed. To report an inaccuracy, call or text 817-756-9642 or email jhbakerjr@gmail.com.