Panther Creek begins at the western shore of Lake Woodlands. In addition to a large number of homes on the water or with water views, Panther Creek includes two parks on the lake. Northshore Park features public picnic areas, a public ramp for non-motorized boats, and Sunday music entertainment events. Southshore Park includes an observation platform for views of Lake Woodlands, surrounding neighborhoods, and the Lake Woodlands dragon. Shopping area is Panther Creek Center.
Neighborhoods in Panther Creek: Clover Park, Creek Pines, Creek Ridge, Creek Side, Creekwood, Dell Forest, Dunlin Meadow, Enclave on The Cove, Fairmeade, Fallshire, Havenridge, Herald Oaks, Hickory Oaks, Hidden Lake, Lakemist Harbor, Pebble Hollow, Pinyon Pine, Shadow Creek, Split Rock, The Cove, The Pointe, Vista Cove, Wedgewood Estates, Wedgewood Forest, West Isle, Windward Cove