About This Property
Owner financing: $500 down plus a $195 document fee. Financed price $47,975. Term options: 1 year at 0% ($3,956.25/mo); 5 years at 9% ($923.23/mo); 10 years at 9% ($563.39/mo); 15 years at 9% ($451.10/mo). Pay-in-full price: $43,177 (10% cash discount). Per the seller, no business or commercial use is allowed while the property is under a loan contract. These are four heavily wooded adjoining residential properties in a beautiful lakeside community overlooking Eufaula Lake. They are about 377 yards from the lake. Elevation over the lots changes about 13 feet, getting slightly higher away from the lake. You can choose to leave them as they are or landscape the lots as you see fit. They are more than 100 feet above lake level. Rainbow Trout Road, an old dirt road, runs along the west side of these properties. Power runs along the west side as well. They are only 3 lots away from gravel Black Bass Road, and it looks like a neighbor has had the gravel extended to the south side of these lots. The original surveyor set iron pins at the southwest and southeast corners of Lot 8, and at the northwest corner of Lot 14. The plat map shows the exact distances and angles for all of the lots from those points. Cheap land of such high quality in a stunning lakeside area is hard to come by.
Location
Massey Point - Eufaula Lake, Unit 2, Block 16, Lots 10,11,12,13, Pittsburg County, OK
Outline shown is about 1.1 acres. Approximate boundaries from GIS or the seller, not a survey. Get a survey before you build or fence.
Owner Finance Terms
Owner finance agreements are subject to state and local laws. Always consult a licensed real estate attorney in OK before signing any agreement.
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