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250 County Road 296 & 120 FCR 298
Oakwood, TX 75855

Price Upon Request

Land For Sale  •  157 AC

Property Details

  • Property Type Land
  • Lot Size 157 AC
  • Zoning AA3
0 Transit Score
0 Walk Score

Description

Strategic Location
-Just off State Route 84 in Freestone County, with an Oakwood address. Direct access via FCR 290 & FCR 296.

Butler Salt Dome Formation
-Geological symmetry allows for easy access to salt deposits with minimal drilling.

Surface & Subsurface Rights
-157 surface acres included, with an additional 177 subsurface acres of salt rights available for purchase or lease.

Existing Caverns:
-Cavern #2 & Cavern #3: Contain undetermined barrels of saturated brine, ready for utilization.
-Cavern #1: Permanently plugged, encapsulating Non-Hazardous Oilfield Waste (NOW).

Industrial Infrastructure:
-40’x60’ Commercial Metal Building with office space, HVAC system, and two maintenance bays.
-Hard-packed laydown yard and multiple major electrical setups.
-Secure chain-link fencing around the commercial area.

Water Resources & Permit:
-Two reservoirs with 55+ acre-feet of water, historically used for solution mining.
-TCEQ Water Permit No. 5064 allows annual diversion of 31 acre-feet (10.1 million gallons).

Forestry & Conservation:
Two pine plantations and native hardwoods managed under a Texas A&M Forest Service forestry
program.
-No restrictions on timber harvesting.

Pipeline & Disposal Well:
-FUSI-owned pipeline connecting the site to the FUSI 1-D Disposal Well at 120 FCR 298.
-FUSI 1-D Well:
-Permitted for commercial brine disposal into the Woodbine Formation at 6,370 feet.
-Capacity: 15,000 barrels per day.
-Registered Well No. 1-D [079043], Freestone County, RRC District 5, API #4216130010.
-Easements for rights-of-way recorded in the Special Warranty Deed.

Property Flyers

Chris Abel 281-552-8423 Abel Property Group at KW Commercial Signature
Chris Abel 281-552-8423 Abel Property Group at KW Commercial Signature