$2,115,000

513 Fm 766, Cuero, TX

7.82

Acres

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. 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. City of Cuero water and sewer for all buildings. In addition to the housing, there is a commercial kitchen, office building, large dining area with lounge area, open dining room, laundry rooms, lounge and guest media/office area, exercise room, and outdoor basketball court that is lighted and located behind the dining hall. The site was originally designed for 170 rooms and has the infrastructure in place to add more rooms or RVs for additional income. This property is 1.6 miles to Hwy 183 in Cuero, 30 miles to Victoria, 94 miles to downtown San Antonio, 102 miles to San Antonio International Airport. The 7.82 acres is 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. The property is high fenced along the perimeter and has a security gate at the entrance.

Facts & Features

ListingFeed abor_vow
MLS® # 1025880
List Price $2,115,000
Sale Price $1,800,000
Sale Date March 4th, 2024
Bathrooms 0.00
Acres 7.82
Year Built 2014
Type Commercial Sale
Sub-Type Multi Family
Status Closed

Community Information

Address 513 Fm 766
Subdivision N/A
City Cuero
County DeWitt
State TX
Zip Code 77954

Amenities

Utilities Electricity Connected, Sewer Connected, Water Connected
Features Fitness Center
Parking Parking Lot
Is Waterfront No
Has Pool No

Interior

Interior See Remarks
Heating See Remarks
Cooling See Remarks
Fireplace No

Exterior

Construction See Remarks

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Map

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