OWNER FINANCING AVAILABLE. Five Oaks in Canyon Lake is a well-maintained area where you can build your lakeside dream home. Walk along the seasonal creek, take out your kayak, or sit up on your new patio and take in the views of Canyon Lake in your own backyard. The property is located on a serene cul de sac with 1.26 acres, mature trees, a private driveway, electricity, and a septic tank.