Peninsula Homes for Sale

Welcome to Peninsula, a stunning subdivision nestled in the heart of Texas, where serene living meets modern convenience. This picturesque community is designed for those who appreciate the beauty of nature and the comforts of contemporary life. With its lush landscapes, tranquil waterways, and vibrant community spirit, Peninsula is more than just a place to live—it's a lifestyle.

Homes for sale in Peninsula offer an array of architectural styles, from charming single-family residences to luxurious estates, ensuring there’s something for everyone. Each property is thoughtfully designed, featuring spacious layouts, high-end finishes, and ample outdoor spaces perfect for entertaining or simply enjoying the beautiful Texas weather. Many homes boast stunning views of the surrounding natural beauty, creating a peaceful retreat just minutes from urban amenities.

Living in Peninsula means embracing a community that values both relaxation and recreation. Residents enjoy access to well-maintained parks, walking trails, and community events that foster a sense of belonging. Families can take advantage of nearby top-rated schools, while nature enthusiasts will appreciate the proximity to lakes and green spaces ideal for fishing, hiking, and picnicking.

With a variety of homes for sale, Peninsula invites you to discover your dream home in this idyllic Texas community. Whether you're looking for a cozy starter home or an expansive family estate, Peninsula is the perfect place to create lasting memories. Come explore the charm and warmth of Peninsula today—your new home awaits!

Newest Peninsula Homes for Sale

$329,900

4 Beds ⋅ 2 Baths ⋅ 21341345 MLS

Discover your dream home in the heart of Rowlett, this beautifully maintained residence offers comfort and convenience. Rarely found, this spacious open floor plan home includes four bedrooms or an office. The expansive living areas transition smoothly between the gourmet kitchen, dining, and family room. The kitchen features stylish lighting fixtures and new appliances. Each bedroom boasts lights and ceiling fans. The modern primary suite features a spacious walk-in shower and dual vanities. A secondary bathroom features dual sinks, Corian countertops, and floating cabinets. Additionally, a new water heater has been installed for your convenience.

4205 Starboard Trl, Rowlett

Listing courtesy of Cindy Luong from Avignon Realty. Contact: 214-727-0411

$249,000

3 Beds ⋅ 2 Baths ⋅ 21326944 MLS

Welcome home to this beautiful 3-bedroom, 2-bath home offering soaring vaulted ceilings, an open-concept layout, and stylish finishes throughout. Step inside to an expansive living room filled with abundant natural light, where dramatic vaulted ceilings and oversized windows create a bright, airy atmosphere. The seamless flow into the dining area and kitchen makes the home ideal for both everyday living and effortless entertaining. The spacious primary suite provides a peaceful retreat with plush carpet, an updated vanity, and an oversized walk-in tiled shower. Two additional bedrooms offer flexibility for family, guests, or a home office. Step outside to enjoy a private backyard with mature trees, a patio perfect for relaxing or grilling, and plenty of green space for pets or play. Conveniently located near parks, shopping, dining, and major highways, this move-in-ready home offers the perfect blend of comfort, style, and convenience.

4610 Carmel Ln, Rowlett

Listing courtesy of Annie Anderson from Legacy Buyer Partners. Contact:

$4,250,000

4 Beds ⋅ 5 Baths ⋅ 21319086 MLS

Designed around expansive lake views and effortless lake living, this custom waterfront home brings together clean modern finishes, generous indoor-outdoor space, and direct access to a deep-water dock. Oversized Marvin sliding doors frame the lake from the main living space and open to the covered lakeside living area, complete with a built-in outdoor kitchen. Positioned to take full advantage of dramatic sunsets, the main level is built for both quiet mornings and full-house entertaining. The kitchen is centered around a 10' x 6' porcelain island and opens naturally to the living and dining areas, giving the home an easy, comfortable flow. Tucked behind the main kitchen, the scullery adds valuable functionality with a secondary refrigerator, built-in microwave, custom cabinetry, and open shelving. A dedicated coffee bar adds convenience for slow mornings, while a glass-walled display nook tucked under the stairs adds a quiet, elegant touch. Upstairs, a spacious second living area serves as a private lounge-style retreat with a wet bar, beverage refrigerator, and access to a second-story covered patio overlooking the lake. The upper level also includes three bedrooms and a dedicated workout room, providing comfortable space for family and guests. Outside, stairs lead to a concrete walkway with direct access to the deep-water dock, keeping the walk from kitchen to boat short and easy. The home’s lake-facing design, elevated outdoor living, and dock access create the full Possum Kingdom waterfront experience. This is more than a house on the lake; it is a home built around the water, the sunsets, and the life that happens in between.

2449 Upper Burma, Possum Kingdom Lake

Listing courtesy of Merit Holstein from Possum Kingdom Real Estate. Contact: (940) 779-1111

$1,650,000

4 Beds ⋅ 5 Baths ⋅ 21283911 MLS

This luxuriously remodeled waterfront retreat, perfectly positioned in one of the most sought after areas of Possum Kingdom Lake, offers an exceptional blend of upscale lake living and proven income producing potential. Thoughtfully designed and impeccably updated, this turnkey property is being offered fully furnished, making it ready for immediate enjoyment or continued short term rental success. Inside, the home welcomes you with a bright and sophisticated open concept design featuring soaring vaulted ceilings, expansive windows, and a beautifully refreshed living area that seamlessly combines modern elegance with relaxed lakefront comfort. The inviting fireplace creates a warm focal point for gathering and entertaining, while the spacious layout offers effortless flow throughout the home. Recent enhancements include a stunning new back patio designed for elevated outdoor living, providing the perfect setting for entertaining guests, dining under the stars, or simply enjoying the breathtaking panoramic lake views. Upstairs, multiple flexible living and sleeping spaces comfortably accommodate family and guests alike. This property truly stands apart with its rare sandy beach frontage and newly added private boat dock, delivering direct access to the crystal clear waters of Possum Kingdom Lake and the ultimate luxury lake lifestyle. Beyond its beauty, this home is an established high performing short term rental with a strong presence on Airbnb and VRBO, offering immediate revenue potential for investors or buyers seeking a seamless turnkey opportunity. Whether you are searching for a luxury personal getaway, an income producing asset, or both, this exceptional waterfront property delivers on every level.

1907 Buck Run, Possum Kingdom Lake

Listing courtesy of Lori Jacobson from DFW Legacy Group. Contact: 817-500-5670

$1,040,000

3 Beds ⋅ 2 Baths ⋅ 21237035 MLS

PRICED 35K BELOW PRE-LISTING APPRAISAL!! Experience lakefront living in the Peninsula area of Possum Kingdom Lake with this unique, custom-designed waterfront home built in 2012. Situated on owned land with no leasehold, this 1,888 square foot home offers the perfect blend of comfort, style, and lake lifestyle living. The open concept layout creates an inviting atmosphere for entertaining and everyday living. Featuring 3 bedrooms and 2 bathrooms, all bedrooms are located upstairs, including two large bedrooms with private lake-facing balconies and stunning water views. Seller thoughtfully transformed loft into warm and cozy 76 sf bedroom, creating additional sleeping capacity ideal for bunk room, nursery, or STR optimization. The home also features an energy-efficient ductless mini-split HVAC system with individualized comfort control throughout. Enjoy direct lake access with a private dock and boat lift. Water depth at the end of the dock is approximately 16 to 18 feet when the lake is at full pool. The dock may be repositioned further out if desired with the addition of extended tie lines. A partial basement provides additional storage or a convenient storm shelter. Whether you are utilizing the property as a full-time residence, weekend getaway, or income-producing investment for STR use, this property truly delivers resort-style living in one of Possum Kingdom Lake’s most desirable areas. **Refrigerator, washer, dryer, and still-in-the-box Ring equipment convey**

3101 Park Road 36, Graford

Listing courtesy of Stacey Kuhn from Griffith Realty Group. Contact: 214-938-3734

$4,400,000

6 Beds ⋅ 8 Baths ⋅ 21207192 MLS

Experience elevated lakeside living in this exceptional LUXURY NEW CONSTRUCTION LAKEHOUSE estate on the Peninsula of Possum Kingdom Lake. A brand new boat dock is being designed and installed. Situated on a 0.533-acre lot, this thoughtfully designed 5,231 sq ft home blends timeless materials with modern luxury and a lake ready lifestyle. The exterior features cedar wood shake and Grey Granbury stone, delivering lasting curb appeal. Step inside to a grand open concept living area with soaring vaulted ceilings and floor to ceiling windows that capture stunning lake views and fill the home with natural light. The chef’s kitchen offers a large island, custom cabinetry, and seamlessly flows into the living space, anchored by a striking stone fireplace, ideal for entertaining or relaxed lake living. The private primary suite on the main level is a true retreat with huge views, dual vanities, and a spacious walk in closet. Above the garage is a separate In Law suite, complete with a kitchenette that adds even more private guest accommodations. Designed for lake life, the home includes wood and tile flooring, a lakeside mudroom entry for easy “drip dry” access, and dedicated storage for lake toys. IMAGINE breathtaking expansive lakeviews from upper and lower covered patios overlooking Broadway, the deepest, widest part of PK LAKE. Perfect for Summer sunsets!

2441 Upper Burma, Possum Kingdom Lake

Listing courtesy of Lars Hanssen from Possum Kingdom Real Estate. Contact: (940) 779-1111

$1,387,000

4 Beds ⋅ 3 Baths ⋅ 21238053 MLS

Welcome to true lakefront living on one of the most desirable stretches of the lake, where your home sits just 30–40 feet from the water’s edge and every day feels like a getaway. This thoughtfully designed 0.25-acre property offers the rare combination of low-maintenance living and genuine shoreline access, giving you more time to enjoy the lake and less time worrying about upkeep. The gentle slope into the water leads to a soft, sandy bottom—perfect for swimming, floating, and letting the kids play while you relax on the patio with a full view of the shoreline. Whether it’s a quiet morning coffee or a full weekend of family and friends, this home is built for ease, comfort, and connection. A long private driveway provides parking for 6–8 vehicles, making gatherings effortless. Inside, the 4-bedroom, 3-bath home features an open-concept living and kitchen area that keeps everyone together. The kitchen stands out with a double oven tucked beneath the cabinets and a 6-burner gas stove, offering the space and function needed to cook for a crowd. Large windows frame expansive lake views and fill the home with natural light from sunrise to sunset. And when July 4th arrives, you can enjoy the fireworks—including the legendary Hell’s Gate show—right from your own yard, without the crowds or the hassle. If you’re looking for a low-maintenance lakefront home that delivers comfort, convenience, and unforgettable views, this one offers the lifestyle you’ve been searching for.

2649 Hideaway Ln, Possum Kingdom Lake

Listing courtesy of Merit Holstein from Possum Kingdom Real Estate. Contact: (940) 779-1111

$1,199,000

4 Beds ⋅ 2 Baths ⋅ 21215986 MLS

PRIME PK PENINSULA LOCATION, with a 4Bd, 2Ba BEAUTIFUL FURNISHED LAKE HOME on 1.18 WATERFRONT ACRES with PANORAMIC LAKE VIEWS, and Excellent OVERNIGHT RENTAL History. This Open Concept, Light and Bright Home Features Big Picture Windows to maximize the Lake and Park Like Views to the water, and the Spectacular PK Sunsets and Sunrises, and has a natural flow from the Living Room to the Covered Outdoor Patio for Relaxing, Grilling & Dining Out, Savoring the Serenity, Peace & Beauty of the Lake, and enjoying the Fire Pit for smores, under the Starry Tx Skies. Plus there are Lots of Mature Trees, Cottonwood, Pine, Pecan, Willow and Live Oak for Shade, and a Large, Level, Lush St Augustine Grassy Yard Lakeside for Yard games and room to Entertain all your Family & Friends, with Easy Access to the Lake & Sandy Beach. This area is known for its friendly Deer, and its Crystal Clear Blue Water with Fantastic Fishing, Swimming & Lake Fun. The Lot is allowed to either have a Swim or Boat Dock, up to 2000 sqft, and you can find great deals on used Docks in the area or order the Dock of your Dreams from many local Dock Builders. Also there is a 40x30 RV Carport with Electric Hookup for extra guests and family, and an attached garage for extra Storage and Water Toys. This Wonderful Lake House is also Centrally Located minutes away from the Best Amenities, Shopping and Dining at PK, and also to the Hiking & Biking Trails throughout the Peninsula with Stunning Lake Views. Overnight Rental History available upon request. Don't miss seeing this Perfect Piece of PK Paradise.

1957 Deer Trail Rd, Possum Kingdom Lake

Listing courtesy of Maggie Burgess from Century 21 Mike Bowman, Inc.. Contact: 817-354-7653

$175,000

3 Beds ⋅ 2 Baths ⋅ 21172387 MLS

If you’ve been searching for a lake getaway with HUGE views and plenty of outdoor space, this is the one! This 3-bedroom, 2-bath home is tucked away at the end of the mailbox road in Golden Cove, offering a peaceful setting with minimal traffic—your most frequent visitors are likely to be invited guests or the friendly neighborhood deer and geese. The expansive covered lakeside deck is perfect for cookouts, gatherings, and relaxing with friends, while the uncovered section is ideal for soaking up the sunshine or enjoying an afternoon nap. Inside, the open living-dining-kitchen floor plan is designed for lake living and entertaining, with a breakfast bar and room to accommodate large groups. Two of the bedrooms capture those incredible lake views, bringing the outdoors in. The kitchen offers ample counter space and storage, includes a dishwasher, and connects conveniently to a separate laundry room. An exterior door near the parking area provides easy access to the outside storage building—perfect for lake gear. The spacious guest bedrooms easily accommodate guests, and the shared bathroom is generously sized. The primary bedroom features an en-suite bath, giving this cozy cabin a true “home away from home” feel-or the comfort you’d want for full-time living at Possum Kingdom. Bonus: This property is being offered fully furnished! Golden Cove is a one-of-a-kind community known for its built-in “lake family,” community activities, and excellent amenities including a swim cove, boat ramp, dock, pavilion, on-site mailbox area, and rentable cabins for overflow guests. Rentable storage units within the community make it easy to keep your boat and lake extras ready to go. This is leasehold land with a currently renewable two-year lease, paid monthly. Golden Cove is an affordable and welcoming place to begin your lake life - land taxes are paid by the landowner, you’ll be close to all the lake hot spots, and can enjoy some of the most amazing sunsets on Possum Kingdom Lake.

2334 Sanbar Rd Unit 8, Possum Kingdom Lake

Listing courtesy of Jo Lynn Miller from Lake Homes Realty, LLC. Contact: 940-636-3349

$429,000

2 Beds ⋅ 3 Baths ⋅ 21156971 MLS

Located on the highly preferred Peninsula section of Possum Kingdom Lake, this nearly new cabin offers a serene escape for a vacation stay at the lake, a second home, a primary residence away from the hustle and bustle of the city, or an income producing investment property. The open-concept main floor features a spacious living area with a great view and cozy fireplace, dining space, and kitchen with modern amenities. Upstairs offers two bedrooms and two full baths. Everything you need is here - fully furnished and well appointed with bedding, decor, and kitchen tools - just bring your personals and make it yours! The covered back deck and wrap-around porch expand your entertaining space for outdoor gatherings with a view of the lake, or enjoy a peaceful cup of coffee as you start your day watching the local waterfowl and the occasional deer wandering nearby. Community amenities include an outdoor fire pit and pool with cabana just a few steps off the deck of this cabin. Less than two hours from the DFW metro area, this is an ideal opportunity for both relaxation and rental income, and you'll be just a few minutes from local dining, entertainment, shopping, banking, churches and medical care. For those looking to keep a boat in the water, the seller will consider throwing in a one year boat slip lease at one of the nearby Marinas!

1525 Madams Rd Unit C, Possum Kingdom Lake

Listing courtesy of Jo Lynn Miller from Lake Homes Realty, LLC. Contact: 940-636-3349

$3,995,000

5 Beds ⋅ 7 Baths ⋅ 20981345 MLS

Watch the Lake Life Video of this lake home... PARKROAD36 DOT COM... Just completed construction MAY 2026 after a year of steady progress, your chance to own THE dream lake life everyone wants is available now with this quality new-masterpiece on the exclusive South side of the Peninsula at Possum Kingdom Lake. BRAND NEW BOAT DOCK JUST INSTALLED. Perfectly blending high-end design, breathtaking views, and prime investment potential. Crafted by one of PK’s reputable builders in collaboration with renowned Blake Architects. Positioned to capture sweeping panoramic views over Possum Kingdom’s legendary deep, crystal-clear waters, this striking two-story home features a sophisticated mix of stone, stucco, wood, and brick, accented by bold lines and sleek black windows and doors that frame the lake from nearly every room. With 4,593 sq ft of luxury living (6,221 sq ft under roof), it offers 5 spacious bedrooms, 6 designer bathrooms, and expansive indoor-outdoor spaces built for grand entertaining or quiet lakeside relaxation. Step out to multiple covered patios and porches that lead to a stunning lakeside pool and spa, plus a sunken firepit and a fully equipped outdoor kitchen—setting the stage for unforgettable gatherings as the sun sets over the water. A brand-new double-decker dock is also under construction, complete with a 29-foot boat slip, two PWC slips with lifts and rope swing in some of the clearest, deepest water on PK. Quick boat access to Hell’s Gate, lively waterfront dining, marinas, and all your essentials just minutes away by land. Possum Kingdom Lake is celebrated for its unmatched beauty, exceptional clarity, and vibrant recreational lifestyle, making it one of Texas’s most coveted lakefront markets. Even better, short-term rentals are allowed in only a few areas and this property is in the right place—so you can enjoy personal lake living at its finest while also unlocking excellent income potential.

3061 Park Road 36, Possum Kingdom Lake

Listing courtesy of Keith Hanssen from Possum Kingdom Real Estate. Contact: (940) 779-1111

Start Your Search

Copyright © 2026 MLSOK, Inc. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. The listing information being provided is 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. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of MLSOK, Inc. Information last updated on .