Doug Eastland

503 Neeleys Slough Drive

Possum Kingdom Lake, TX
$ 1,375,000 Beds 4 Baths 2.5 Sq 2,338 Virtual Tour
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 1,375,000
  • City
  • Possum Kingdom Lake
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • PALO PINTO
  • Half Bathrooms
  • 1
  • Area
  • Lot Size
  • 1.025 Acres
  • Zip
  • 76449
  • Sqr Footage
  • 2,338
  • Year Built
  • 2000
  • Taxes
  • $ 12420
  • Style
  • Traditional
  • MLS#
  • 21374415
Listed By: Possum Kingdom Real Estate
Data Source: North Texas Real Estate Info Systems (NTREIS)

Features

General

Heating Central,Electric,Pellet Stove
Cooling Ceiling Fan(s),Central Air,Electric
Utilities Asphalt,Co-op Electric,Outside City Limits,Private Water,Septic,No City Services
Possession Closing/Funding
Roof Composition
Appliances Dishwasher,Electric Cooktop,Electric Oven,Microwave,Refrigerator
Easements Utilities
Assoc Fees 200
School District Palo Pinto ISD
HOA Fee Includes Trash
Year Built 2000
Architectural Style Traditional
Community Features Boat Ramp,Gated,Guarded Entrance,Marina,Restaurant,Tennis Court(s)
Levels Two
Unexempt Taxes 12420
Will Subdivide No
Property Subtype Single Family Residence
Subdivision Name Newley’s Slough
Transaction Type For Sale
Carport Spaces 2
County Palo Pinto
Property Type Residential
Construction Materials Stucco,Wood
Association Fee Frequency Annually
Year Built Details Preowned
Accessory Unit Y/N No
HOA Type Mandatory
Full Baths 2
Status Active
Directions From PKRE office,head south on Park Rd 36 then right on FM 2353. Turn right on TX-16 S and go 3.8 mi. Turn right onto Cliffs Dr and check in with guard. Turn left onto Spyglass Dr,then right onto Nee
City Possum Kingdom Lake
Elementary School Name Palo Pinto
High School Palo Pinto
Elementary School Palo Pinto
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/21374415
Standard Status Active
Listing Terms 1031 Exchange,Cash,Conventional

Interior Features

Interior Features Granite Counters,Pantry,Vaulted Ceiling(s)
Flooring Slate,Tile,Wood
Fireplace Features Blower Fan,Pellet Stove
Fireplaces Total 1
Dining Areas 1
Living Areas 1
Room Count 2
Half Baths 1
Lock Box Type Supra
Total Bedrooms 4
Total Baths 3
Laundry Features Utility Room

Exterior Features

Waterfront Yes
Exterior Features Boat Slip,Covered Deck,Rain Gutters,Outdoor Living Center
Lot Features Sloped,Water/Lake View,Waterfront
Other Structures Storage
Lot Size Source Assessor
Parking Features Circular Driveway,Concrete,Detached Carport
WaterFront Features Dock – Covered,Lake Front,Personal Watercraft Lift
Lot Size 1 to < 3 Acres
Covered Spaces 2
Foundation Combination,Pillar/Post/Pier,Slab
Lot Size Area 1.0250
Lot Size Units Acres
Structural Style Lake House
Lot Size Square Feet 44649.0000
Lot Size Acres 1.0250
Patio And Porch Features Covered,Deck,Patio,Rear Porch

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

9/5/2026 Listed $1,375,000

Property vs Zip Code Average in 76449

Price
AVG $1.28M
$1.38M
Taxes
AVG $12,376
$12,420
Year Built
AVG 2009
2000
Visits
AVG 148
3
Data Provided by Inside Real Estate®

Areas That We Cover

503 Neeleys Slough Drive Possum Kingdom Lake, TX is a Single Family Home for sale at $1375000 with 2338 sqft and a lot size of 1.025 Acres Acre(s). 503 Neeleys Slough Drive Possum Kingdom Lake has 4 bedrooms, 2 baths and was built in 2000. 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.

Doug Eastland

Doug Eastland

254-722-4333

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