Brazos County Mineral Rights for Sale

Starting Bid: $82,000

• State : Texas
• County : brazos
• Legal Location : A-190 and A-19
• Net Acres : 17.09
• Active Lease : Yes
• Royalty Rate : 12.5%
• Producing : yes
• Average Income : $1,687/Month

Comments:

Update 12/3/2024:

This listing is no longer available.

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Update 11/20/2024:

This owner plans to move forward with a previous offer.  If you wish to submit an offer there is a limited window to do so.

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Update 11/11/2024:

Seller would like to move quickly and offers are due by end of business on Tuesday 11/19.

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Great opportunity to purchase mineral rights in Brazos County.

We believe our client owns a total of 17.09 in three units in Brazos County. Since this ownership includes flush production, we are using our client’s most recent October payment to determine average income at $1,687. This represents great cashflow opportunity.

There are three units in which we believe our clients owns mineral rights:

Olive Unit: 

We believe our client owns 14.68 NRA in this 644 acre unit with 2 horizontal wells.  These wells are about 2 years old.  With only two wells in this unit, we believe there is plenty of future upside potential available for a buyer here.

Triple Sal A and Triple Sal B units:

These units sit right next to each other with 2 horizontal wells in the Triple Sal A unit on 711 acre spacing and 1 horizontal well in the Triple Sal B unit on 561 acre spacing.  Please note that the plat and permit do not match each other in regards to unit size for the Triple Sal A unit, so we are being conservative and counting NRA based on the smaller number of 711 acres stated on the permit vs 770 listed on the plat map.  We are counting 2.41 NRA in these two units combined. We believe there is plenty of space for future upside for a buyer in these two units as well.

For this listing, we are requiring the following:

1. 1. Special Warranty Deed
   2. 30 Day Close
   3. No adjustments to purchase price unless mutually agreeable. 
   4. Our closing process included in the PSA, which is:   At closing, buyer will provide the mineral deed.  The seller will execute the mineral deed and return it to Texas Royalty Brokers.  Texas Royalty Brokers will provide buyer with a scanned copy of the deed, and buyer will then wire funds to seller and Texas Royalty Brokers respectively.  Once funds are confirmed, Texas Royalty Brokers will overnight the deed to the Buyer.   
   5. Buyer must close within 14 days or sign our qualified buyer agreement.

To view/download the listing files, please visit the link below:

Download Files

We will begin accepting offers on Thursday, November 14th.

All buyers are required to either do a 14 day close or sign our qualified buyer agreement once a deal has been verbally agreed upon.  In certain situations, we may require a $5,000 to $10,000 earnest deposit at the sole discretion of Texas Royalty Brokers.

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.