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Glasscock, TX
We had a great experience with Texas Royalty Brokers! Very professional and straight shooters. Hit the market with excellent results. Hightly recommend them!
Lavaca, TX
We worked with Emily to assist us with a sale of some of our mineral interests. Not only was she professional and courteous, but we were paid well above any previous offer and ahead of the expected time frame. What more could you ask for? A well deserved five star rating!
Upton , TX
My wife and I were very pleased with the guidance and knowledgeable advice that Emily and Eric provided to us regarding the sale of her mineral rights in Texas.
Nacogdoches, TX
Eric and his team were very knowledgeable and responsive to our needs and questions. The professionalism and integrity exceeded our expectations throughout the entire process. We highly recommend Texas Royalty Brokers!
Harrison, TX
I decided to work with Texas Royalty Brokers after reading several of their reviews. It was a good decision. They were prompt in their communication and straightforward in their assessments and follow through. I am quite pleased with the outcome and recommend them highly.
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Listing Title
La Salle County Texas Mineral rights
Listing ID
401109
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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This listing has been sold. To protect our client’s privacy, the listing files are no longer available for download.
Listing Details
Starting Bid: $225,000
- State : Texas
- County : la-salle
- Legal Location : J Meyerhofer Survey, A-808, Section 319
- Net Acres : 56.25
- Active Lease : Yes
- Royalty Rate : 16%
- Producing : yes
- Average Income : $148/Month
Comments:
This is an opportunity to buy a nice amount of net mineral acres in La Salle County Texas. If you buy these La Salle county Texas mineral rights, you’ll have some nice upside potential from future drilling.
There is currently 1 active horizontal well drilled. The 640 acre spacing leaves room for 5 additional wells to be drilled in the future. There are no active permits at this time, but the operator does have rigs running nearby.
The seller would like to entertain offers of $225,000 or better for selling all 56.25 net mineral acres. All bids should be based upon 56.25 net mineral acres leased at 16%. Please note that the lease royalty rate is not confirmed at this time. The seller thinks it’s 16% but we are not sure what royalty rate is. The price may adjust at closing based upon the royalty rate.
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.
