Reserves at Cattail Cove Phase I is located on the east shore of Lake Eufaula, just 13 miles south of Eufaula and 31 miles north of McAlester, this property offers an untouched natural setting that invites exploration. The parcels range from 2.48 to 5.92 acres, providing flexibility whether you envision a secluded retreat or a future development project. Scattered ponds add a serene water element to the naturally rugged landscape. The property features convenient county road access, while other roads remain unmaintained dirt paths, preserving its raw, undeveloped character. Overall, these natural areas present a unique opportunity to experience authentic lakeside living with both accessibility and a sense of wilderness.
Reserves At Cattail Cove is 800 +/- acres
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Reserves at Cattail Cove Phase II is located on the east shore of Lake Eufaula. Just 13 miles south of the town of Eufaula and 31 miles northeast of McAlester, this property combines convenience with a naturally rugged setting. With its rolling landscape, scattered ponds, and mix of wooded and open areas, it provides the perfect backdrop for both relaxation and outdoor adventure. Just minutes from Oklahoma’s largest lake, you’ll enjoy endless opportunities for recreation. Lake Eufaula—nicknamed the “Gentle Giant”—boasts more than 600 miles of shoreline, sandy beaches, dramatic bluffs, and premier fishing waters that host world-class tournaments. Beyond the lake, the property itself offers scattered ponds, natural terrain, and the privacy you’ve been searching for. Parcels range from 3.5 to over 10 acres, providing the flexibility to create your vision, whether that’s a custom home, weekend getaway, or long-term investment. With power available to most lots, county road access, and a location only 30 minutes from Eufaula and 40 minutes from McAlester, you’ll have the perfect balance of seclusion and convenience. Opportunities like this don’t come often—this is your chance to be part of Cattail Cove.
Owner financing is available at Reserves At Cattail Cove. Plans start at $999 down, with annual percentage rates (APR) from 8.99% to 10.99% and purchase discounts up to 20%. Payments are calculated on full amortization over terms up to 20 years; the exact term depends on the property price, and some contracts include a balloon payment, typically due after three years. Cash buyers receive 20% off, and any buyer who puts at least 20% down receives the same 20%. That is the largest discount we offer. A credit check is not required.
Financing plans
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| Down payment | $999 | 5% | 10% | 20% |
|---|---|---|---|---|
| APR | 10.99% | 10.49% | 9.99% | 8.99% |
| Purchase discount | None | 5% | 10% | 20% |
| Best for | Lowest down payment | 5% off the purchase price | The plan most buyers choose | Lowest APR · Largest purchase discount |
| Good to know | No purchase discount | Down payment starts at $1,999 | Down payment starts at $2,999 | Down payment starts at $3,999 |
APR = annual percentage rate. Payments are calculated on full amortization over the stated term, up to 20 years. Some contracts include a balloon payment, typically due after three years, when the remaining balance is refinanced or paid. Your contract states your exact terms.
Rates, discounts and down-payment minimums shown are current terms and are subject to adjustment without notice.
Financing plans
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APR = annual percentage rate. Payments are calculated on full amortization over the stated term, up to 20 years. Some contracts include a balloon payment, typically due after three years, when the remaining balance is refinanced or paid. Your contract states your exact terms.
Rates, discounts and down-payment minimums shown are current terms and are subject to adjustment without notice.
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FAQs
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Financing
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