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250 County Road 296 & 120 FCR 298 - Butler Salt Dome Portfolio 157 Acres of Commercial Land in Oakwood, TX 75855
EXECUTIVE SUMMARY
This site is an established industrial asset with existing caverns for brine storage, a disposal well, and critical infrastructure in place. Its geological advantage, as documented in the Atlas ofSalt Domes in East Texas, makes it an accessible and high-potential resource for salt-related industries. With commercial zoning on five acres and a tax designation favoring conservation for the remainder, this property is an attractive opportunity for industrial expansion, energy storage, or mineral resource development.
PROPERTY FACTS
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| Sale Condition | Bulk/Portfolio Sale | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 157.00 AC |
| Property Type | Land | ||
| Zoning | AA3 | ||
| Sale Type | Investment or Owner User |
| Sale Condition | Bulk/Portfolio Sale |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 157.00 AC |
| Zoning | AA3 |
1 LOT AVAILABLE
Lot
| Lot Size | 157.00 AC |
| Lot Size | 157.00 AC |
Positioned off State Route 84 with frontage on two hard-surface roads (FCR 290 and FCR 296), this unique asset includes approx. 157 surface acres atop the Butler Salt Dome, with an additional 177 contiguous subsurface acres of salt rights.
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 TAXES
| Parcel Numbers | Improvements Assessment | $59,327 CAD | |
| Land Assessment | $292,848 CAD | Total Assessment | $352,175 CAD |
PROPERTY TAXES
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250 County Road 296 & 120 FCR 298 - Butler Salt Dome Portfolio
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