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Client Reviews
Glasscock, TX
I enjoyed working with Emily and Eric. They did exactly what they said they would do. They were very professional and communicated well. I would recommend them to anyone looking to sell their mineral rights.
Ward, TX
Eric and Emily were a pleasure to work with. I was able to quickly sell my resources for top dollar!
Lea, NM
Wonderful experience! Highly recommend the Texas Royalty Brokers
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
Texas Royalty Brokers assisted me in a sale; they were straightforward and clear on the process; answered every question I had along the way….I would recommend them…
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Listing Title
Andrews County Texas Mineral Rights for Sale
Listing ID
401110
Listing Status
sold
This listing has been SOLD. Please visit our listings page and set the status filter to “Active” to see currently active listings. If you want to buy mineral rights in Texas, sign up for listing notifications to receive emails when new listings are posted.
- Listing Posted - complete
- Listing Evaluation - complete
- Accepting Offers - complete
- Client Review - complete
- Best and Final - complete
- Under Contract - complete
Please take a moment to learn more about each listing phase.
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Listing Files
This listing has been sold. To protect our client’s privacy, the listing files are no longer available for download.
Listing Details
Starting Bid: $975,000
- State : Texas
- County : andrews
- Legal Location : A-110, S & S Survey, Section 48
- Net Acres : 117.65
- Active Lease : Yes
- Royalty Rate : 25%
- Producing : yes
- Average Income : $120/Month
Comments:
Huge opportunity to buy mineral rights in Andrews County Texas. This package includes over 117 net mineral acres spread out over 4 units. Most of this acreage was recently leased at a 25% royalty rate with a lease bonus payment of $4,000/net mineral acre. This acreage is held under Diamondback. Diamondback has a rig nearby and they have just recently filed permits to drill on this acreage.
The seller does not want to take the tax hit from collecting royalty income. They would instead like to sell these inherited mineral rights to get capital gains tax treatment. The seller would like to sell 100% of the ownership. The starting bid is $975,000 which should be based on 117.67 net mineral acres owned.
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.
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.
