To say Karnes City has changed over the past few years is an understatement. The Houston Chronicle conducted an interview with a local farmer who owns the land where ConocoPhillips drilled its first Eagle Ford well.
Texas builders are moving from San Antonio and Houston into more rural areas of South Texas where the housing market is much stronger. Major home developments have been built in La Vernia, Floresville, and another is on the way in Kenedy.
With the 10,000 plus direct jobs and many more indirect jobs that have been created to date, there will likely be a housing boom for many years in rural areas like Carrizo Springs and Floresville. [Read more…]
A Kenedy, TX, Eagle Ford Shale housing development is on its way. A San Antonio based company is has acquired 166 acres where the new “Kenedy Station” residential and commercial development will be started later in 2011. The master plan for the community will add a combination of 500 homes and apartments to the area. Those homes should be in high demand as most oilfield workers are forced to commute from other towns or have to stay in hotels for months at a time.
A 10-plex apartment complex and 5-6 homes will be constructed later in the year. The first phase of development will include up to 17 homes. Hotels and RV parks continue to boom and expectations are for more permanent housing to be constructed as oilfield workers plant roots in what is expected to be a multi-decade development. [Read more…]