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Lea, NM
Emily and Eric really did a good job guiding us through the process to sell our mineral rights.
They found a buyer quickly, and even though our records were old and scattered, taking longer than usual to document things, they patiently worked with us to complete the sale. They are the best. Ken Flake.
Robertson, TX
Texas Royalty Brokers helped me and my family navigate some tricky inherited minerals. I had great peace of mind using them versus dealing directly with a buyer. Very satisfied experience.
Houston, TX
Texas Royalty Brokers was very helpful to me in evaluating the mineral rights owned by the estate of an old man for whom I am the executor, even though they probably knew very quickly I would not end up as a client.
Stephens, TX
I had the pleasure of working with Texas Royalty Brokers LLC this past month. From the beginning to the very end and everything in between, they were very communicative, responsive and helpful. They explained every part of the process and helped when I needed something. They made the whole process simple and easy. By using Texas Royalty Brokers LLC, I was able to get 2 times the amount I was offered by others or on my own.
Harrison, TX
Eric and Emily are very good at taking care of clients. I found them after researching companies to help me with selling. The reviews I found convinced me to give them an opportunity and I am thankful.
Emily was true to her word from the beginning to the completion. I am so pleased with her that if I choose to sell other property, I will definitely contact her and trust her judgement in my accounts.
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Listing Title
McMullen County Texas Mineral Rights for Sale
Listing ID
401118
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.
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This listing is under contract. To protect our client’s privacy, the listing files are no longer available for download.
Listing Details
Starting Bid: $325,000
- State : Texas
- County : mcMullen
- Legal Location : Abstract 182 - Eldridge Survey
- Net Acres : 33.9
- Active Lease : Yes
- Royalty Rate : 16%
- Producing : yes
- Average Income : $5,375/month
Comments:
This is a great opportunity to pick up over 30 acres that is generating $5,375/month in royalty income in McMullen County Texas.
These mineral rights are producing royalty income from numerous wells covering various zones. There is potentially room for 1 additional well that could increase the value of these mineral rights. However, most of the value is coming from the active production from oil and gas wells in McMullen County Texas. Most of the production is from mature wells that are 3 to 5 years old. There is flush production coming from 1 well that is around 32 months old. This well is still declining but royalty income is expected to stay above $3,000+/month for a good period of time.
Please note that the owner of this property has power of attorney for the owner. We have the power of attorney on file and this can be reviewed as requested. Buyer will be responsible for creating the mineral deed for closing.
The owner has offers, but they are 3 to 6 months old. We are looking for updated offers to sell these mineral rights in McMullen County Texas. The seller is ready to move quickly for the right offer.
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.
