Freestone Underground Storage, Inc
$1
245 County Road 296, Oakwood, TX 75855
157 acres
Lot Area
Agribusiness, Agriculture, Commercial, Industrial
Zoning
Details:
Description:
This unique industrial asset in Freestone County offers a rare combination of surface land, salt rights, water access, and disposal infrastructure, making it an exceptional opportunity for energy storage, industrial development, or mineral resource operations. The existing brine caverns, registered disposal well, and pipeline infrastructure provide immediate operational value, while geological advantage sand conservation tax benefits enhance long-term potential.For investors or operators in the salt, energy, or industrial storage sectors, this prime location on the Butler Salt Dome is a turnkey opportunity with significant upside
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.
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.
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.
Documents:
Title | ||
---|---|---|
Chris Abel - Freestone Underground Storage, Inc - Property Flyer - 02.27.25 |
Location

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