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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.
San Augustine, TX
I am so grateful for the guidance during the process of selling my mineral rights. This was a huge decision! Eric and his team are top notch professionals, answering any and all concerns/questions along the way. I would definitely recommend Texas Royalty Brokers!
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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
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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.
