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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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503 Neeleys Slough Dr , Possum Kingdom Lake, TX 76449
$1,375,000
Est. Payment: $7,610.93/mo
4 Bed
2.5 Bath
2338 Sqft
1.02 Acres
Status: active contingent | Days on site: 35
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PKBE01 - 0704463,0445901
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House Description

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.

Highlights

Listed by Jonathan Fowler , and Keith Hanssen , Possum Kingdom Real Estate , North Texas Real Estate Information Systems

Property Type

Residential

Lot/Acreage
1.02

HOA Fee

200 Annually

Year Built

2000

County

Palo Pinto

Neighborhood

Newley’s Slough

School District

Palo Pinto ISD

Listing ID

21374415

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:2.5
  • ▪ Full Bathrooms:2
  • ▪ 1/2 Bathrooms:1
Appliances:Dishwasher, Electric Cooktop, Electric Oven, Microwave, Refrigerator
Air Cond:Ceiling Fan(s),Central Air,Electric
Fireplaces:Blower Fan,Pellet Stove
Floor:Slate,Tile,Wood
Other:
  • ▪ Additional:Granite Counters, Pantry, Vaulted Ceiling(s)

Exterior Features

Lot:Sloped,Water/Lake View,Waterfront,1 to < 3 Acres,Dock – Covered,Lake Front,Personal Watercraft Lift
Roof:Composition
Others:
  • ▪ Additional:Boat Slip, Covered Deck, Rain Gutters, Outdoor Living Center, Preowned
Parking Features:Circular Driveway,Concrete,Detached Carport
Principal Interest
$7,611
Taxes
$1,035
HOA
$200

Home Price

$1,375,000

Loan Details

30 yrs
7.393%

Down Payment

20%
$275,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$7,610.93

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $7,610.93 $1,035.00 $200.00 $8,845.93
Yearly $91,331.11 $12,420.00 $2,400.00 $106,151.11
Total $2,739,933.24 $372,600.00 $72,000.00 $3,184,533.24

Today's Rates

30 Year

7.39%

20 Year

7.2%

15 Year

6.63%

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Market insight data is pulled from the same city as the listing being viewed (Possum Kingdom Lake, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-10T16:04:52.320Z

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