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.
Under contract
$1,375,000
503 Neeleys Slough Dr, Graford, TX 76449
4beds
2,338sqft
Single Family Residence
Built in 2000
1.03 Acres Lot
$1,310,900 Zestimate®
$588/sqft
$17/mo HOA
What's special
Pellet stoveTwo-story homeWood floorsAbundant natural lightSpacious split-bedroom floor planGenerous counter spaceCovered carport
- 28 days
- 671
- 38
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Jonathan Fowler 0704463 (940)779-1111,
Possum Kingdom Real Estate 940-779-1111,
Keith Hanssen 0445901 940-328-4290,
Possum Kingdom Real Estate
Source: NTREIS,MLS#: 21374415
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Features: Walk-In Closet(s)
- Level: Second
- Dimensions: 0 x 0
Living room
- Features: Fireplace
- Level: First
- Dimensions: 0 x 0
Heating
- Central, Electric, Pellet Stove
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Dishwasher, Electric Cooktop, Electric Oven, Microwave, Refrigerator
- Laundry: Laundry in Utility Room
Features
- Granite Counters, Pantry, Vaulted Ceiling(s)
- Flooring: Slate, Tile, Wood
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Blower Fan, Pellet Stove
Interior area
- Total interior livable area: 2,338 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Circular Driveway, Concrete, Detached Carport
- Carport spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Rear Porch, Patio, Covered, Deck
- Exterior features: Boat Slip, Deck, Outdoor Living Area, Rain Gutters
- Pool features: None
- Has view: Yes
- View description: Water
- Has water view: Yes
- Waterfront features: Boat Dock/Slip, Boat Ramp/Lift Access, Lake Front, Waterfront
- Body of water: Possum Kingdom
Lot
- Size: 1.03 Acres
- Features: Sloped, Waterfront
Details
- Additional structures: Storage
- Parcel number: 20904
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Stucco, Wood Siding
- Foundation: Combination, Pillar/Post/Pier, Slab
- Roof: Composition
Condition
- Resale
- Year built: 2000
Utilities & green energy
- Sewer: Septic Tank
- Water: Private
- Utilities for property: Electricity Available, None, Septic Available, Water Available
Community & HOA
Community
- Features: Boat Facilities, Gated, Marina, Restaurant, Tennis Court(s)
- Security: Gated with Guard
- Subdivision: Newley’s Slough
HOA
- Has HOA: Yes
- Services included: Trash
- HOA fee: $200 annually
- HOA name: Neeleys Slough Poa - Virginia Nisbet
- HOA phone: 214-783-5184
Location
- Region: Graford
Financial & listing details
- Price per square foot: $588/sqft
- Annual tax amount: $12,420
- Date on market: 9/5/2026
- Cumulative days on market: 30 days
- Listing terms: Cash,Conventional,1031 Exchange
- Road surface type: Asphalt
Estimated market value
$1,310,900
$1.25M - $1.38M
$2,146/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/22/2026 | Contingent | $1,375,000$588/sqft |
Source: NTREIS #21374415 Report a problem | ||
| 9/5/2026 | Listed for sale | $1,375,000+1.9%$588/sqft |
Source: NTREIS #21374415 Report a problem | ||
| 11/15/2024 | Sold | -- |
Source: NTREIS #20726258 Report a problem | ||
| 9/30/2024 | Pending sale | $1,350,000$577/sqft |
Source: NTREIS #20726258 Report a problem | ||
| 9/28/2024 | Listing removed | $1,350,000$577/sqft |
Source: NTREIS #20726258 Report a problem | ||
| 9/12/2024 | Listed for sale | $1,350,000+87.5%$577/sqft |
Source: NTREIS #20726258 Report a problem | ||
| 5/27/2020 | Listing removed | $719,900$308/sqft |
Source: Fort Worth Texas Real Estate #14305562 Report a problem | ||
| 3/31/2020 | Listed for sale | $719,900+25.2%$308/sqft |
Source: Fort Worth Texas Real Estate #14305562 Report a problem | ||
| 5/3/2016 | Listing removed | $575,000$246/sqft |
Source: Williams Trew - An Ebby Halliday Real Estate Company #12049720 Report a problem | ||
| 3/28/2016 | Pending sale | $575,000$246/sqft |
Source: Williams Trew - An Ebby Halliday Real Estate Company #12049720 Report a problem | ||
| 3/3/2015 | Listed for sale | $575,000$246/sqft |
Source: Ebby Halliday, REALTORS #12049720 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 76449
Nearby schools
Schools provided by the listing agent
- Elementary: Palo Pinto
- Middle: Palo Pinto
- High: Palo Pinto
- District: Palo Pinto ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.



