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Client Reviews
Reeves, TX
Texas royalty brokers did a fabulous job getting my property sold efficiently professionally and quickly. Eric and Emily were prompt with returning calls and emails and made the entire transaction seamless! I would certainly use them again.
Leon, TX
Texas Royalty Brokers did a fantastic job marketing and selling my mineral rights. Eric and Emily were extremely helpful and patient in answering all my questions and guiding me through the process. They basically did all the paperwork. I would definitely use them again!
Andrews, TX
Eric and his staff at Texas Royalty Brokers were amazingly helpful! Between finding the value of my minerals, finding buyers, and handling the contracts. I couldn’t imagine dealing with the processes without them.
Thank you so much Eric!!!
Mitchell, TX
Texas Royalty Brokers was great to work with! The offer exceeded my expectations! Eric and Emily were very clear and organized with the process and made it easy. I would definitely use them again!
Karnes, TX
My experience with Tx Royalty Brokers was excellent. They basically did all the work as promoting and marketing my asset. I ended up getting what I wanted – my net payout was a multiple of over 66 months of my present monthly royalty payments.
I would highly recommended Eric and Emily to anyone who is interesting in marketing their mineral or royalty interests.
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Listing Title
Borden County Texas Mineral Rights for Sale
Listing ID
401165
Listing Status
sold
- 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.
Listing Maps
Listing Files
Please click the download button below to view the listing files. Listing files include maps, check stubs, and other documentation.
Listing Details
Starting Bid: $375,000
- State : Texas
- County : borden
- Legal Location : Multiple locations, please see the attached files.
- Net Acres : 197
- Active Lease : Yes
- Royalty Rate : 12.5%
- Producing : yes
- Average Income : $5,815/Month
Comments:
Update: 11/17/2023
Sold
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Update: 11/2/2023
Under Contract
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Update: 10/30/2023
Buyers can now submit their best and final offers until end of day, Wednesday, November 1st. *Important*: On this listing, we are representing $5,815/month in royalty income. The owner just provided their most recent October 2023 check stubs. In October 2023, the income was $6,927 which is a very solid increase in royalty income. The updated check stubs are attached to the listing.
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Update: 10/24/2023
We are going to leave the initial round of bidding open until Friday, October 27th. For those buyers who submit a bid prior to that deadline, we will provide best and final feedback early next week.
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This listing is an opportunity to purchase stable royalty income with significant upside potential in Borden County / Dawson County.
This ownership is mostly royalty interest, with a small amount of ORRI. These producing interests fall under more than 15,000 gross acres in two legacy high profit margin Spraberry / Dean waterflood units with shallow declines and significant upside development potential.
Over the last 6 months, the ownership has generated $5,815/month. During that same time frame, you can see from the attached charts that gas and oil have both been increasing meaning the royalty income is likely to move even higher from here.
There is significant upside potential in this area. Within the supporting documents, the seller has provided an executive summary along with supporting documents which shows the upside potential for buyers. This research is thorough and should help mineral buyers streamline the due diligence process on this deal. The seller has also provided check detail for all 3 operators. We have broken this out into a separate folder for quicker analysis.
Please note that the seller has other ownership within Borden County and other counties. What is being conveyed on this sale is only the royalty interests and ORRI’s in the Jo Mill unit and West Jo Mill unit. It is the intent of the seller to retain any mineral rights he may own outside of these locations.
We have attached supporting deeds that were available to show how the seller acquired these interests.
The starting bid price for this ownership is $375,000. When you consider rising commodity prices along with the upside potential, this ownership provides mineral buyers with immediate ROI and strong near term and long term upside.
Notice: All documentation and detail on this listing was provided by the seller with the exception of the deeds and maps / charts attached.
To view/download the listing files, please visit the link below:
We will begin accepting offers on Tuesday, October 24th.
All buyers are required to either do a 14 day close, make a $5,000 deposit, or sign our qualified buyer agreement once a deal has been verbally agreed upon.
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.
We have other mineral rights for sale.
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.
Accepting Offers on 10/24/2023