503 Neeleys Slough Drive
Possum Kingdom Lake, TX, 76449
$1,375,000
4 Beds
2.1 Baths
2,338 SqFt
1.03 Acres
MLS #21374415 image #0

Location

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.

Questions? I’m here to help!
Aaron Layman
Aaron Layman Properties
Call Now: 940-209-2100

Property Details

Price:
$1,375,000
MLS #:
21374415
Status:
Active
Beds:
4
Baths:
2.1
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Newley’s Slough
Listed Date:
Sep 5, 2026
Finished Sq Ft:
2,338
Lot Size:
44,649 sqft / 1.03 acres (approx)
Year Built:
2000
WaterfrontNewley’s SloughPalo Pinto IsdPalo PintoPalo PintoPalo PintoPossum Kingdom

Schools

School District:
Palo Pinto ISD
Elementary School:
Palo Pinto
Middle School:
Palo Pinto
High School:
Palo Pinto

Interior

Bathrooms Full
2
Bathrooms Half
1
Cooling
Ceiling Fan(s), Central Air, Electric
Fireplace Features
Blower Fan, Pellet Stove
Fireplaces Total
1
Flooring
Slate, Tile, Wood
Heating
Central, Electric, Pellet Stove
Interior Features
Granite Counters, Pantry, Vaulted Ceiling(s)
Number Of Living Areas
1

Exterior

Carport Spaces
2
Community Features
Boat Ramp, Gated, Guarded Entrance, Marina, Restaurant, Tennis Court(s)
Construction Materials
Stucco, Wood
Exterior Features
Boat Slip, Covered Deck, Rain Gutters, Outdoor Living Center
Lot Size Area
1.0250
Waterfront Features
Dock – Covered, Lake Front, Personal Watercraft Lift

Financial

Questions? I’m here to help!
Aaron Layman
Aaron Layman Properties
Call Now: 940-209-2100

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Aaron a full-service broker serving the Northern DFW Metroplex. Aaron has two decades of experience in the real estate industry working with buyers, sellers and renters.

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Community

Market Summary

Current real estate data for Single Family in Possum Kingdom Lake as of Sep 18, 2026
69
Single Family Listed
149
Avg DOM
378
Avg $ / SqFt
$1,059,591
Avg List Price

Property Summary

    Located in the Newley’s Slough subdivision, 503 Neeleys Slough Drive Possum Kingdom Lake TX is a Single Family for sale in Possum Kingdom Lake, TX, 76449. It is listed for $1,375,000 and features 4 beds, 2 baths, and has approximately 2,338 square feet of living space, and was originally constructed in 2000. The current price per square foot is $588. The average price per square foot for Single Family listings in Possum Kingdom Lake is $378. The average listing price for Single Family in Possum Kingdom Lake is $1,059,591. To schedule a showing of MLS#21374415 at 503 Neeleys Slough Drive in Possum Kingdom Lake, TX, contact your Aaron Layman Properties agent at 940-209-2100.
503 Neeleys Slough Drive
Possum Kingdom Lake, TX