575 Melbourne Trail

Possum Kingdom Lake, TX
$ 1,375,000 Beds 4 Baths 3.5 Sq 3,000
Monthly Estimate* How much can I afford?

Perched within the sought-after Cliffs community at Possum Kingdom Lake, this striking 2023-built modern retreat delivers uninterrupted, panoramic lake views from nearly every room—and sits directly in front of the marina for unmatched convenience and a front-row seat to lake life. Designed to maximize its breathtaking setting, the home features soaring two-story windows in the living room that frame the water like art, filling the space with natural light. The all-white kitchen is both elegant and functional, highlighted by brushed brass fixtures, a dedicated coffee bar with built-in drink fridge, and seamless flow into the main living and dining areas—perfect for entertaining. A thoughtfully designed laundry room includes a sink and built-in desk space for added convenience. The primary suite offers a spa-like experience with a private sauna and a luxurious bath, while every bathroom in the home features deep soaking tubs for ultimate relaxation. Clean modern lines are complemented by a durable metal roof and native landscaping that blends beautifully with the natural surroundings. Outdoor living is equally impressive, with expansive patio and balcony spaces designed to take full advantage of the sweeping lake views. The covered patio includes a built-in gas grill, along with dedicated living and dining areas ideal for hosting or unwinding lakeside. As part of The Cliffs community, residents enjoy resort-style amenities including a championship golf course, marina, two pools, tennis courts, fitness center, restaurant, and gated security—offering a lifestyle that is as active or relaxed as you choose. A rare opportunity to own a nearly new, design-forward home in one of Possum Kingdom Lake’s premier neighborhoods.

Active

  • Price
  • $ 1,375,000
  • City
  • Possum Kingdom Lake
  • Bedrooms
  • 4
  • Full Bathrooms
  • 3
  • County
  • PALO PINTO
  • Half Bathrooms
  • 1
  • Area
  • Lot Size
  • 0.286 Acres
  • Zip
  • 76449
  • Sqr Footage
  • 3,000
  • Year Built
  • 2023
  • Style
  • Contemporary/Modern
  • MLS#
  • 21254088
Listed By: Williams Trew Real Estate
Data Source: North Texas Real Estate Info Systems (NTREIS)

Features

General

Heating Central,Electric
Cooling Ceiling Fan(s),Central Air
Utilities Private Water,Septic
Possession Negotiable
Roof Metal
Appliances Built-in Refrigerator,Dishwasher,Disposal,Electric Oven,Gas Cooktop,Gas Water Heater,Double Oven
Easements Utilities
Assoc Fees 500
Number of Garage Spaces 2
Restrictions Building,Deed,No Mobile Home
School District Palo Pinto ISD
HOA Fee Includes Full Use of Facilities,Maintenance Structure,Management Fees,Security
Year Built 2023
Architectural Style Contemporary/Modern
Levels Two
Will Subdivide No
Property Subtype Single Family Residence
Subdivision Name Cliffs Phase VIII
Transaction Type For Sale
County Palo Pinto
Property Type Residential
Construction Materials Rock/Stone,Stucco
Association Fee Frequency Semi-Annual
Accessory Unit Y/N No
HOA Type Mandatory
Special Notes Aerial Photo
Full Baths 3
Status Active
Directions From HWY 16 turn onto Cliffs Dr. Follow Cliffs Dr to Melbourne Trail which is the last street on the Left. Turn left. Property is on the Right.
City Possum Kingdom Lake
Elementary School Name Palo Pinto
High School Mineral Wells
Elementary School Palo Pinto
Standard Status Active

Interior Features

Interior Features Built-in Wine Cooler,Decorative Lighting,Double Vanity,Dry Bar,Eat-in Kitchen,Flat Screen Wiring,Open Floorplan
Fireplace Features Gas,Gas Starter,Living Room,Stone
Fireplaces Total 1
Dining Areas 1
Living Areas 1
Room Count 8
Half Baths 1
Lock Box Type Blue BT LE
Total Bedrooms 4
Total Baths 4
Laundry Features Utility Room

Exterior Features

Lot Features Water/Lake View
Garage Length 25
Garage Width 17
Lot Size Source Assessor
Parking Features Covered,Garage,Garage Door Opener,Garage Faces Side,Side By Side
Lot Size Less Than .5 Acre (not Zero)
Covered Spaces 2
Foundation Slab
Lot Size Area 0.2860
Lot Size Units Acres
Structural Style Lake House
Garage Y/N Yes
Lot Size Square Feet 12458.1600
Lot Size Acres 0.2860
Attached Garage Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Waco, TX office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Palo Pinto Elementary School
Middle School Unknown Middle School
High School

Price History

5/1/2026 Listed $1,395,000
8/14/2026 2% - $1,375,000

Property vs Zip Code Average in 76449

Price
AVG $1.22M
$1.38M
Year Built
AVG 2009
2023
Visits
AVG 146
166
Data Provided by Inside Real Estate®

Areas That We Cover

575 Melbourne Trail Possum Kingdom Lake, TX is a Single Family Home for sale at $1375000 with 3000 sqft and a lot size of 0.286 Acres Acre(s). 575 Melbourne Trail Possum Kingdom Lake has 4 bedrooms, 3 baths and was built in 2023. The property's zip code is 76449 which is in Possum Kingdom Lake, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.