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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
Shelby County Texas - Mineral Rights For Sale
Listing ID
401184
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.
Listing Maps
Listing Files
Please click the download button below to view the listing files. Listing files include maps, check stubs, and other documentation.
Listing Details
Starting Bid: $342,500
- State : Texas
- County : shelby
- Legal Location : Multiple locations
- Net Acres : 121.76
- Active Lease : Yes
- Royalty Rate : 12.5%
- Producing : yes
- Average Income : $320/Month
Comments:
Update 6/24/2024:
Title failure
____________________
Update 4/29/2024:
This property is no longer available for sale.
____________________
Great properties in Shelby County, made up ownership in 4 units. These properties are owned by siblings, who are each selling their equal ownership.
We believe the owners have a combined 121.76 net mineral acres, or 60.88 net mineral acres each.
These properties produced a combined average of $320/Month in royalty income.
These owners have properties in other locations, but are not selling those properties in this listing. We are only listing what is conveyed below:
J. Metcalf Unit:
We believe the owners have a combined 6 net royalty acres in this unit. There is 1 active and 1 inactive well in this 694 acre unit
Mylin Unit:
We believe the owners have a combined 13.4 net royalty acres in this unit. There is 1 active well in this 732 acre unit.
Shull Unit:
We believe the owners have a combined 67.92 net royalty acres in this unit. There is 1 active well in this 353.54 acre unit, meaning there is upside potential for additional wells to be drilled here.
Rhine Unit:
We believe the owners have a combined 34.44 net royalty acres in this unit. There is 1 inactive well in this 428.36 acre unit, which has not produced since April 2023. This acreage is going to need to be drilled on again in the very near future, the well will need to be recompleted, or you may have an opportunity to lease this acreage again in the near future.
All bids should be based upon the attached estimated NRA. If less NRA is proven in title, only the NRA proven in title would convey. Any adjustment over 10%, on a tract by tract basis, must be mutually agreeable.
To view/download the listing files, please visit the link below:
We will begin accepting offers on Tuesday, April 9th.
All buyers are required to either do a 14 day close, make a $5,000 deposit, or sign our qualified buyer agreement once a deal has been verbally agreed upon.
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.
We have other mineral rights for sale.
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.
Accepting Offers on 4/9/2024