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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
Buy Mineral Rights in Tarrant Texas
Listing ID
401127
Listing Status
not available
- 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.
We are currently accepting offers for these mineral rights. You can submit a non-binding bid using the contact form at the bottom of this page.
Listing Maps
Listing Files
To view the available files for this listing, please download the zip file using the button below.
Listing Details
Starting Bid: $212,500
- State : Texas
- County : tarrant
- Legal Location : Abstract 602, Elijah Gibbs Survey, Abstract 1107, Johnson County
- Net Acres : 48.04
- Active Lease : Yes
- Royalty Rate : 12.5%
- Producing : yes
- Average Income : $2,840/month
Comments:
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Update: 6/24/2022
The seller has decided to hold onto the mineral rights.
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Update: 6/2/2022
The seller has reduced the starting bid price from $237,500 to $212,500, a $25,000 reduction in price.
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Update: 5/31/2022
We are now accepting offers for these mineral rights.
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Update: 5/21/2022
This owner has provided the May 2022 check stub. The revenue summary has been updated to reflect the new amount and the check stub has been added to the zip file for download. Please download the most updated zip file at the link above.
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This is an exceptional opportunity to buy mineral rights in Tarrant County Texas and Johnson County Texas. Situated right on the border, this acreage is in a unit that has 14 mature wells. This acreage has been a consistent producer and is well past the initial decline. The mineral buyer will get a nice stream of royalty income from this production.
The owner currently receives an average of $2,880/month in royalty income. Please note that on the most recent check stub gas was paying out around $5.75. Gas is currently north of $8. This represents a great opportunity as the royalty income from this production will go up in the near term. With inflation and a strong dollar, higher commodity prices are likely to stick around meaning the buyer could enjoy some great upside on this purchase.
The seller would like to start the bidding at $237,500 for selling 100% of their ownership.
All bids should be based upon the NDI listed on the check stubs. We have provided an ownership estimate of 48.04 net royalty acres. However, this is just an estimate and your bid should be based on the NDI listed on the check stubs.
These mineral rights will be in the evaluation phase until Tuesday, May 31st. No bids will be considered until we are accepting offers on May 31st.
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.
