WATERFRONT! Dragonfly Cottage offers deeded waterfront on Rock Creek at Possum Kingdom Lake with no HOA and no known restrictions against short-term rentals, including Airbnb and VRBO. Conveniently located approximately 12 minutes from Rocker B Ranch Baseball & Softball Complex, this property is well-positioned for personal enjoyment, a weekend retreat, full-time living, or future short-term rental opportunities. This 3-bedroom, 1-bath waterfront retreat offers approximately 1,268 square feet on 0.46 acres and is ideal as a full-time residence, weekend getaway, or potential vacation rental. Located on a stretch of waterfront where neighboring properties are successfully utilized as vacation rentals, this property provides flexibility for personal enjoyment or future income potential. Relax on the covered patio overlooking calm, protected waters, or take a short walk to the private dock, approximately 3 years old. Enjoy fishing, kayak-friendly waters, swimming, and easy access for pontoon and bass boats. The quiet cove setting offers a peaceful waterfront experience away from heavier lake traffic while still enjoying all that Possum Kingdom Lake has to offer. Recent improvements include energy-efficient mini-split systems installed two years ago, an updated electrical panel, and improved plumbing to the water heater. The home is all-electric, features a metal roof, and includes a storage building for lake equipment. Whether you're looking for a waterfront home, family lake retreat, or a property with short-term rental potential, Dragonfly Cottage offers a rare opportunity to own deeded waterfront on Possum Kingdom Lake.