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Client Reviews
Karnes, Tx
We had an amazing experience with Emily and Eric. They were professional and knowledgeable in handling our deal and exceeded our expectations. We even experienced an issue on our end that they helped walk us through and resolve quickly! I would definitely use them again!
La Salle, TX
They were so Great… always up front, they did all the work and we got a very fair price… Didn’t have to bother with all the calls of other brokers with bait and switch offers. TRB are the Only way to sell your royalties and get a fair price.
Reeves, TX
My experience with Texas Royalty Brokers was excellent. Communication at every step in the process was maintained. The price received for the royalties exceeded our expectations. The entire process was completed in six weeks. I’d recommend Texas Royalty Brokers to anyone that considers selling.
Harrison, TX
Texas Royalty Brokers was easy to work with and were able to answer all of our questions quickly. We had a pleasant experience working with them.
Howard, TX
Working with Eric Winegar was a wonderful experience. He was always available to answer questions and helped get us to our closing quickly. I would definitely work with him again.
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Listing Title
Dewitt County Texas Mineral Rights for Sale
Listing ID
401113
Listing Status
sold
This listing is 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.
Listing Maps
Listing Files
This listing is under contract. To protect our client’s privacy, the listing files are no longer available for download.
Listing Details
Starting Bid: $295,000
- State : Texas
- County : dewitt
- Legal Location : Section 1, I RR CO Survey, A-246
- Net Acres : 34.2
- Active Lease : Yes
- Royalty Rate : 18.75%
- Producing : yes
- Average Income : $100/month
Comments:
The owner of this property has a small amount of royalty income being produced from an older horizontal oil and gas well. However, this acreage sits in a 665.15 acre unit meaning there is massive upside in this opportunity. The value of these mineral rights is in the future upside potential as new wells are drilled on the acreage. This is a great opportunity for the mineral buyer who is less concerned about current cash flow and more concerned with excellent acreage with upside potential.
The owner has been receiving a lot of offers on the acreage and is interested in what other offers are out there. Based on their existing offers, your offer will need to be a minimum of $295,000 and we expect the final bid to exceed $300,000 based on initial feedback. We are going to have a 7 day review period and we will then begin accepting offers.
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.
