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Glasscock, TX
We had a great experience with Texas Royalty Brokers! Very professional and straight shooters. Hit the market with excellent results. Hightly recommend them!
Lavaca, TX
We worked with Emily to assist us with a sale of some of our mineral interests. Not only was she professional and courteous, but we were paid well above any previous offer and ahead of the expected time frame. What more could you ask for? A well deserved five star rating!
Upton , TX
My wife and I were very pleased with the guidance and knowledgeable advice that Emily and Eric provided to us regarding the sale of her mineral rights in Texas.
Nacogdoches, TX
Eric and his team were very knowledgeable and responsive to our needs and questions. The professionalism and integrity exceeded our expectations throughout the entire process. We highly recommend Texas Royalty Brokers!
Harrison, TX
I decided to work with Texas Royalty Brokers after reading several of their reviews. It was a good decision. They were prompt in their communication and straightforward in their assessments and follow through. I am quite pleased with the outcome and recommend them highly.
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Listing Title
Buy mineral rights in Lea County New Mexico
Listing ID
401265
Listing Status
active
- Listing Posted - complete
- Listing Evaluation - in progress
- Accepting Offers - tbd
- Client Review - tbd
- Best and Final - tbd
- 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: $150,000
- State : New Mexico
- County : lea
- Legal Location : Township 9S, Range 36E, Sections 17 and 20
- Net Acres : 480
- Active Lease : No
- Royalty Rate : N/A
- Producing : no
- Average Income : N/A
Comments:
Lea County, New Mexico – 480 Net Mineral Acres
This offering represents a rare opportunity to acquire a large, unleased mineral position in Lea County, New Mexico, one of the most active oil and gas regions in the Permian Basin. The ownership totals 480 net mineral acres with a 1.0 net decimal interest, providing significant scale and leasing leverage in a highly competitive county.
The acreage was last leased in 2016 at $250 per net mineral acre and an 18.75% royalty, and it is currently open and unleased, giving the buyer full control to negotiate new lease terms in today’s market. We believe the seller owns 480 NMA, with 320 NMA in Section 17 and 160 NMA in Section 20. With continued operator activity across Lea County and sustained interest in undeveloped mineral positions, this tract offers strong upside tied to future leasing and development.
Large, contiguous unleased mineral packages of this size are increasingly difficult to assemble. This listing provides immediate optionality: hold for appreciation, lease into active development, or package for future resale. For investors seeking scale, flexibility, and exposure to one of the most proven basins in the region, this is a compelling acquisition opportunity.
For this listing, we are requiring the following:
-
- Special Warranty Deed
- 30 Day Close
- Any adjustment to the purchase price greater than 10% must be mutually agreeable.
- 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.
- Buyer must close within 14 days or sign our qualified buyer agreement.
To view/download the listing files, please visit the link below:
We will begin accepting offers on Tuesday, February 17th.
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.
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 2/17/2026