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Lea, NM
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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
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Shelby, TX
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Atascosa, TX
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Listing Title
Harrison County Texas - Mineral Rights For Sale
Listing ID
401185
Listing Status
not available
- Listing Posted - complete
- Listing Evaluation - complete
- Accepting Offers - complete
- Client Review - complete
- Best and Final - complete
- Under Contract - tbd
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: $212,000
- State : Texas
- County : harrison
- Legal Location : Abstract 311 and Abstract 11
- Net Acres : 15.17
- Active Lease : Yes
- Royalty Rate : 12.5%
- Producing : no
- Average Income : N/A
Comments:
Update 5/13/2024:
This listing is no longer available.
_______________________
We believe this owner has 15.17 NRA in 2 units in Harrison County, TX. This property represents immediate upside for a buyer in that there are 4 DUCs, with 2 DUCs in each unit as described below.
Cadenhead Unit:
This 659 acre unit has both active and inactive wells and the owner has 5.51 NRA and receives little to no royalty income yearly in this unit. However, there are two DUCs – Cadenhead GBH A and B that run through the ownership, that will provide great upside potential for a buyer. We have attached the permits and plat map for the 2 new DUC wells.
Tucker Unit:
This is a small 40 acre unit in which the owner has 9.66 NRA. There is one active well in this unit, from which the owner receives nominal yearly royalty income. There are two DUCs running through this unit as well, Hartley unit A and B, provide another excellent upside opportunity in this unit. We have attached the permits and plat maps for the 2 new DUC wells.
Important: This owner wishes to sell only his ownership in these two units listed above, the entire abstract would not convey, only the specific units within the abstracts. The owner has additional ownership in abstract 11, which would not convey. He owns other property in Harrison County, but is not interested in selling at this time.
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