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Lea, NM
Wonderful experience! Highly recommend the Texas Royalty Brokers
Hemphill, TX
Emily and Eric are fantastic and very helpful. I know nothing about royalties, etc. They made it so easy, quick and painless. 5 out of 5 stars for sure!!!!
Lavaca, TX
Texas Royalty Brokers assisted me in a sale; they were straightforward and clear on the process; answered every question I had along the way….I would recommend them…
Shelby, TX
I found the team at Texas Royalty Brokers to be honest, competent, and focused on my needs. I plan on using them again and would not hesitate to recommend them.
Atascosa, TX
Around a year ago I received a brochure from Texas Royalty Brokers. I held on to it till this year. In speaking with the team at Texas Royalty Brokers it was clear to me to use their expertise. They were extremely knowledgeable and helpful in guiding me through this extensive process. I could completely recommend them to anyone interested in selling their minerals.
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Listing Title
Reagan County Texas Mineral Rights for Sale
Listing ID
401108
Listing Status
sold
This listing has been SOLD. Please visit our listings page and set the status filter to “Active” to see currently active listings. If you want to buy mineral rights in Texas, sign up for listing notifications to receive emails when new listings are posted.
- Listing Posted - complete
- Listing Evaluation - complete
- Accepting Offers - complete
- Client Review - complete
- Best and Final - complete
- Under Contract - complete
Please take a moment to learn more about each listing phase.
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Listing Files
This listing has been sold. To protect our client’s privacy, the listing files are no longer available for download.
Listing Details
Starting Bid: $125,000
- State : Texas
- County : reagan
- Legal Location : A-108, Block E, Section 10
- Net Acres : 16.3
- Active Lease : Yes
- Royalty Rate : 12.5%
- Producing : yes
- Average Income : $30/Month
Comments:
If you want to buy mineral rights in Reagan county that have upside potential, this is your opportunity. These mineral rights have some old vertical wells still barely producing. They are averaging around $30/month, but the income is very inconsistent due to the age of the wells.
These wells are currently leased at 12.5% held from an old lease back in the 1980’s. If the wells stop producing and the lease expires, the mineral buyer has the opportunity to lease these at a higher royalty rate in the future.
The seller would like to divest of these mineral rights as soon as possible due to a family situation. All bids will be considered. Please make all bids based upon 16.3 net mineral acres leased at 12.5% with nominal royalty income.
The mineral owner has exclusively listed with Texas Royalty Brokers. Please do not contact the mineral owner directly. To make a bid or ask questions about this listing, please contact Texas Royalty Brokers using the contact form below. Our team will quickly be in touch.
Exclusitivity Notice
All listings posted at Texas Royalty Brokers are exclusive. The seller has agreed to exclusively sell through our company and will become personally liable if you close a deal directly with the seller. Please direct all offers and communication directly to Texas Royalty Brokers.
