250 Co Rd, Unit 296 Oakwood, TX

Located off State Route 84 in Freestone County, this industrial asset features frontage on FCR 290 and FCR 296. The property includes approximately 157 surface acres atop the Butler Salt Dome, along with 177 contiguous subsurface acres of salt rights. The site is an established industrial asset with existing caverns for brine storage, a disposal well, and infrastructure. The geological advantage, documented in the Atlas of Salt Domes in East Texas, makes it an accessible resource for salt-related industries. The property has commercial zoning on five acres and a tax designation favoring conservation for the remainder. Existing caverns include Cavern #2 and Cavern #3, which contain undetermined barrels of saturated brine. Cavern #1 is permanently plugged, encapsulating Non-Hazardous Oilfield Waste (NOW). Industrial infrastructure includes a 40’x60’ commercial metal building with office space, an HVAC system, and two maintenance bays, plus a hard-packed laydown yard and multiple major electrical setups. The commercial area is secured by chain-link fencing. Water resources include 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). Two pine plantations and native hardwoods are managed under a Texas A&M Forest Service forestry program, with no restrictions on timber harvesting. A FUSI-owned pipeline connects the site to the FUSI 1-D Disposal Well at 120 FCR 298. The FUSI 1-D Well is permitted for commercial brine disposal into the Woodbine Formation at 6,370 feet, with a capacity of 15,000 barrels per day. It is registered as Well No. 1-D [079043] in Freestone County, RRC District 5, API #4216130010. Easements for rights-of-way are recorded in the Special Warranty Deed. This property is suited for energy storage, industrial development, or mineral resource operations.