sellers
Texas Royalty Brokers
Popular Topics
Mineral Rights Report
Buyers
New Listing Notifications
To receive notifications regarding new listings that are activated on our website, please enter your email address below.
Client Reviews
Howard, TX
Recently, I inherited some mineral rights and soon began receiving offers in the mail. Being new to the whole process, I was quite unsure about the best steps forward. After conducting some research, I decided to list the rights with Texas Royalty Brokers, and it was the best decision I made! The team provided me with comprehensive knowledge about the market, ensuring I had all the data in front of me to make an informed decision. Not only were they professional and thorough, but also transparent in all our dealings. The result? The offers I got through Texas Royalty Brokers were substantially higher than any of those I received in the mail. For anyone navigating the complex world of mineral rights, I can’t recommend Texas Royalty Brokers enough. Their expertise and commitment to clients are unmatched. The outcome speaks for itself. Thank you, Texas Royalty Brokers, for making this experience smooth and profitable!
Reeves, TX
Texas Royalty Brokers truly understood the value of my minerals and worked tirelessly to secure a deal that left me pleasantly surprised. They kept me informed throughout the process, with no confusing jargon or hidden agendas. Just honest and straightforward communication.
Reagan, TX
Eric and his company did a fantastic job throughout my entire selling process. They are very knowledgeable, gracious, and efficient. Eric personally went above and beyond in communication to me and my family and I would recommend him and his company to anyone. I’m incredibly satisfied.
Dimmit, TX
Worth every penny! I can’t say enough about what a pleasant experience this was, thanks to Eric Winegar. Being completely unfamiliar with how to go about selling our family’s mineral interests, I had no idea where to begin. Then I received a brochure in the mail from Texas Royalty Brokers. It answered many of my questions (as well as some I didn’t know I should have), so I checked out their website. I found a wealth of information there as well, so I filled out their online inquiry form. I quickly heard from Eric, provided a few royalty check stubs, and from there he literally took care of everything else.
Eric explained every step of the process along the way and answered all my rookie questions with the utmost professionalism. His experience and expertise in this industry is invaluable and I could not have imagined an easier process.
Panola, TX
Eric Winegar was incredible. He took time to pull together data and explained in great detail the specifics of our mineral interests. We had an offer that could have potentially been a horrible mistake and Eric saved the day! We are so grateful for the time he took to put everything together and explain it to where we could understand it. He is so knowledgeable!
Blog Categories
Listing Notifications
To receive notifications regarding new listings that are activated on our website, please enter your email address below.
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
______________________________
Update: 11/2/2023
Under Contract
______________________________
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.
______________________________
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.
______________________________
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