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Client Reviews
Upton, TX
Texas Royalty Brokers has to be one of the most efficient mineral brokers in the nation. Within a week of my listing I received a 30% increase against my highest offer trying to sell it on my own. A very concise, smooth experience from start to finish.
Montrail, ND
I had a issue with my mineral rights and Eric was the ONLY broker to give me a fast and straight-forward response that actually helped … and I reached out to quite a few. I will definitely work with Texas Royalty Brokers again and recommend them to anyone with mineral rights.
Crockett, TX
I worked with Emily, who was extremely knowledgeable about all aspects of the sale, from current and prospective activity on the property to evaluating the market. The sale was swift and went above the posted price. I was ambivalent about selling my mineral rights, but the experience was very good and reassured me I’d made the right choice.
Reeves, TX
Eric and Emily were a pleasure to work with. They were very professional, thorough and attentive to my needs. Were very helpful in explaining the entire process of selling mineral rights. I felt confident that they obtained the best price available. I would highly recommend TX Royalty Brokers!
San Augustine, TX
In the world we live in today, it’s very difficult to know who to trust. Eric and Emily were knowledgeable, patient, and professional. They exceeded my expectations, and EARNED my trust. I would recommend them to anyone looking to sell their minerals.
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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.
