Mineral rights for sale in Frio County

Starting Bid: $850,000

• State : Texas
• County : frio
• Legal Location : A-113
• Net Acres : 252.0
• Active Lease : Yes
• Royalty Rate : 20%
• Producing : yes
• Average Income : $100/month

Comments:

Frio County, TX – 252 NRA in Prime Multi-Stacked Play

Overview
This listing offers 157.5 net mineral acres equating to 252 net royalty acres, representing a one-quarter interest in 630 gross acres located in the B.S. & F. Survey, A-113, Frio County, Texas. The acreage is held by production from a Buda formation well operated by Blackbrush. This acreage is leased at a 20% royalty, and existing production is already in place.

Title
Title has been verified on this property.  Once this property is under PSA, the title work will be provided to the buyer.  You can bid with confidence knowing there are 252 net royalty acres with title to back up the ownership.

Depth Rights and Assignment
While the property is held by production at the Buda level, rights from the base of the Buda to the base of the Pearsall have been formally assigned to Formentera Energy Partners. This assignment creates a meaningful value layer for any buyer evaluating both current income and future development potential across multiple benches.

Surrounding Leasing Activity
This acreage sits in the middle of a rapidly developing part of Frio County. Double Eagle Development, operating under DE Frio LLC, has recently leased directly offsetting and contiguous acreage. Their position wraps around the tract to the west and south, signaling a growing focus on this area.

Trinity Operating has also drilled a series of successful Eagle Ford wells just west of the property. To the northeast and east, Formentera, Rosewood, and EOG all hold leasehold positions. These companies are actively expanding their positions and pushing development across the Pearsall and other intervals.

Geology and Producing Zones
This area is proven across several formations. In addition to the producing Buda well, nearby operators are targeting the Austin Chalk, Eagle Ford, and Pearsall Shale. The geology is well understood and supported by years of successful production across each of these intervals.

Royalty Income
We estimate this acreage would generate around $100/month in royalty income for the buyer.  The value is in the upside potential for this ownership, so we used $100/month as a placeholder since we do not have check stub information available.

Starting Bid

The starting bid for this acreage is $850,000, or right around $3,375/net royalty acre.  This is a compelling price for a large acreage position with substantial upside.

For this listing, we are requiring the following:

1. 1. Special Warranty Deed
   2. 30 Day Close
   3. Any adjustment greater than 10% to the purchase price must be mutually agreeable.
   4. Our closing process included in the PSA, which is:   At closing, buyer will provide the mineral deed.  The seller will execute the mineral deed and return it to Texas Royalty Brokers.  Texas Royalty Brokers will provide buyer with a scanned copy of the deed, and buyer will then wire funds to seller and Texas Royalty Brokers respectively.  Once funds are confirmed, Texas Royalty Brokers will overnight the deed to the Buyer.  
   5. Buyer must close within 14 days or sign our qualified buyer agreement.

To view/download the listing files, please visit the link below:

Download Files

We will begin accepting offers on Thursday, November 20th. 

All buyers are required to either do a 14 day close or sign our qualified buyer agreement once a deal has been verbally agreed upon.  In certain situations, we may require a $25,000 earnest deposit at the sole discretion of Texas Royalty Brokers.

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.

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