Lea County New Mexico Mineral Rights for Sale

Starting Bid: $25,000

• State : New Mexico
• County : lea
• Legal Location : Section 21, Township 14 South, Range 34 East: SW/4 and E/2, less N/2 NW/4 NE/4; Lea County, New Mexico
• Net Acres : 9.58
• Active Lease : No
• Royalty Rate : N/A
• Producing : no
• Average Income : N/A

Comments:

Lea County, New Mexico Mineral Rights for Sale

Texas Royalty Brokers is offering an attractive unleased mineral acreage position in Lea County, New Mexico. Two siblings are selling what we believe is a combined 9.58 net mineral acres (NMA) in Section 21, Township 14 South, Range 34 East.

The acreage was leased to Kastleford in 2021, and the sellers report that the lease expired in September 2026. This is a non-producing position with no current royalty income. The prior lease provided a 22.5% royalty; any future lease terms would need to be negotiated.

An active rig to the west and permits filed to the southeast make this a nice acreage position to evaluate in an area with nearby oil and gas activity. The included maps show the location and surrounding development. Nearby activity does not guarantee drilling on this acreage.

The ownership estimate is supported by the mineral and leasehold takeoff, which lists the siblings together at approximately 9.58 NMA. Buyers should review the supplied lease and takeoff and verify title, acreage, lease status, and depth rights.

The starting bid is $25,000. We will begin accepting offers on Tuesday, October 20, 2026.

*Note: Our clients own other mineral rights in Lea County and this sale and conveyance will be limited to the mineral rights in this legal location as described in this listing.

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.

We respectfully ask that you take just a few moments to review our Texas Royalty Brokers bidding process.

For this Lea County listing, we are requiring the following:

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: 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. Our clients own other mineral rights in Lea County and this sale and conveyance will be limited to the mineral rights in this legal location as described in this listing.
6. 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 401294 Files

We will begin accepting offers on Tuesday, October 20, 2026.

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 owners have exclusively listed with Texas Royalty Brokers. Please do not contact the owners 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.