Address
513 Fm 766 Cuero, TX
Price
$ 3,115,000
Property Attributes
  • MLS#1569471
  • TypeCommercial
  • CountyDE WITT
  • CityCuero
  • Area3100
  • Zip77954
  • StyleCommercial Improved Prop
  • Year Built2014
  • Taxes$ 16580
  • Price$ 3,115,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage33574
Listing Provided Courtesy Of:
Kendrick Baros at Grand Land Realty LLC
Data Source:
San Antonio (SABOR)
Property Description

This oilfield housing property on 7.82 acres is located just outside of Cuero on FM 766. There are currently 104 rooms in operation providing lodging for the oilfield workers in the Eagleford Shale. This property is very popular with several oilfield companies and provides guests with food and housing as needed. As the oil and gas prices continue to rise, this income-producing property potentially stands to benefit into the future. Built in 2014, this compound consists of 20 - 18x76 ft. lodge buildings with 5 rooms per building. Each studio room has its own bed, recliner, bathroom, closet, TV, and wireless internet. There is also a separate office building, and a larger dining facility with a lounge area, open dining room, laundry rooms, office space, workout room, and a state-of-the-art commercial kitchen with all the necessary equipment to feed large quantities of people. A lighted basketball court is located behind the dining hall. The site was originally designed for 170 rooms and has the infrastructure in place to add more rooms or even RVs for additional income. Utilities include City of Cuero water and sewer for all buildings. The property is high fenced along the perimeter and has a security gate at the entrance. 7.82 acres of level land with no floodplain and 800 feet of FM 766 road frontage. A large, manicured yard with several live oak trees wraps around the side and back of the property. Other trees include mesquites along the perimeter and crepe myrtles near the buildings.

Price History
11/3/2021 Listed $3,115,000

General Features

Available W/ Lease No
Building/center Name CUERO OILFIELD HOUSING
Ceiling Height 8
Class Commercial Improved Prop
Construction Other
Legal Description 45 J J TUMLINSON
Listing Area 3100
Number of Buildings 22
Number of Units 104
Proposed Terms Sale Only, Cash, Conventional
Restrictions None
Roof Composition
School District Cuero ISD
Status Active
Stories 1
Taxes 16580
Type Other - See Remarks
Utilities Electricity, Water, Sewer
Year Built 2014
Zoning NONE

Interior Features

Living Area 33574

Exterior Features

Sale Includes Buildings, Land, Business, Equipment
Flood Plan None
Rail Service No
Total Parking 100

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 77954

Price
AVG $1.66M
$3.12M
Taxes
AVG $8,487
$16,580
Visits
AVG 5
2
Year Built
AVG 2010
2014

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