Washington County Texas mineral rights for sale

Starting Bid: $501,625

• State : Texas
• County : washington
• Legal Location : A-166
• Net Acres : 97.12
• Active Lease : Yes
• Royalty Rate : 12.5%
• Producing : yes
• Average Income : $14,066/Month

Comments:

Update 10/1/2026:

An additional family member with a smaller ownership in the same Milam Hall Unit has been added to this listing.  The list price, average monthly royalty income and net royalty acre numbers have been updated accordingly and are further described in this update.

The additional family member has an estimated 13.87 NRA in the Milam Hall Unit.  This brings the total estimated NRA in this listing to 97.12 NRA (41.62 + 41.62 + 13.87).

This additional owner has an average monthly income of $1,850, bringing the combined average monthly royalty income to $14,066/month.

The property taxes currently due for 2026 for this portion of the ownership is $725, bringing the total to be paid by the buyer to the CAD out of the seller’s net proceeds to roughly $5,081.

The new list price for this total package is $501,625.

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Washington County, Texas | 97.12 Estimated NRA

Offering a combined 83.25 estimated net royalty acres in the 485.93-acre Milam Hall Unit in Washington County, Texas. The listing is comprised of equal ownership of  two siblings, with approximately 41.62 NRA each and a significant 0.0107 NDI each in the unit as supported by their royalty statements.

The Milam Hall Unit currently contains two producing horizontal wells just under five years old, providing substantial existing cash flow. Together, the siblings are averaging approximately $12,216/month in royalty income, or roughly $6,100/month each.

In addition to the strong current income, the acreage is positioned in a very active area of Washington County with significant surrounding development. As shown on the current activity map, there is an active rig and DUC wells directly adjacent to the Milam Hall Unit, along with extensive horizontal development throughout the surrounding area. With only two existing horizontal wells currently producing within the 485.93-acre unit, we believe the combination of strong existing cash flow, large ownership position, and nearby development activity provides compelling future upside potential. 

This listing is offered at $430,000 or $5,165 pet net royalty acre.

Notes:

* We believe our client’s owe about $2,177 each or $4,355 combined in currently due property taxes in Washington County for the 2026 tax year.  The buyer will will pay off the current property taxes due at closing out the seller’s net proceeds.

*Please note that our bidding process will be followed on this listing. Our bidding process is designed to create a fair and transparent process for all buyers.  We do not give preference to any particular buyer.    There is no take it down price on this listing or any other listing we post.  No buyers will be given a last look or the ability to call at the last minute and outbid the best offers we have received.

*Note:  There was an ORRI assignment out of the trust in 2022.  This was a .0025 term assignment ORRI to Michael Higgins.  In 2023, the Trust distributed out to individuals.  Michael Higgens still retains a .0025 ORRI and we believe the current check stubs reflect this ownership already being removed since it was prior to the distribution.

We respectfully ask that you take just a few moments to review our bidding process:
Texas Royalty Brokers – Bidding Process

For this listing, we are requiring the following:

1. 1. Special Warranty Deed
   2. 30 Day Close
   3. Any adjustment to the purchase price greater than 10% 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 Listing Files

We will begin accepting offers on Tuesday, October 6th. 

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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