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Stephens, TX
I had the pleasure of working with Texas Royalty Brokers LLC this past month. From the beginning to the very end and everything in between, they were very communicative, responsive and helpful. They explained every part of the process and helped when I needed something. They made the whole process simple and easy. By using Texas Royalty Brokers LLC, I was able to get 2 times the amount I was offered by others or on my own.
Harrison, TX
Eric and Emily are very good at taking care of clients. I found them after researching companies to help me with selling. The reviews I found convinced me to give them an opportunity and I am thankful.
Emily was true to her word from the beginning to the completion. I am so pleased with her that if I choose to sell other property, I will definitely contact her and trust her judgement in my accounts.
Leon, TX
I had no idea how straightforward and very simple it would be to sell mineral rights in Texas. Texas Royalty Brokers, represented by Eric Winegar provided guidance on the complete process. Confirming exactly how the TRB website described each step of the sales process. Eric and his staff followed up immediately on every question I presented. I had limited information about the value of the mineral rights prior to the final offer presented which exceeded my expectations. Working with TRB, I became educated about the process of selling mineral rights and convinced me I would never try to sell without having the representation offered by Texas Royalty Brokers.
Midland, TX
I had an excellent experience working with Eric Winegar at Texas Royalty Brokers. Eric was professional, knowledgeable, and responsive. He clearly explained every step and made the process easy and stress-free. His attention to detail and commitment to getting the best outcome for me exceeded my expectations. I highly recommend Eric and Texas Royalty Brokers to anyone needing trustworthy royalty services.
Leon, TX
Texas Royalty Brokers did Everything they said they would do. They communicated often, they always answered my questions quickly and I had a lot of questions.
Very professional company. They negotiated a very good price for my mineral rights.
I would recommend them highly.
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Listing Title
Brazos County Mineral Rights for Sale
Listing ID
401216
Listing Status
not available
- 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: $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.
__________________
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:
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- Special Warranty Deed
- 30 Day Close
- No adjustments to purchase price unless mutually agreeable.
- 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.
- Buyer must close within 14 days or sign our qualified buyer agreement.
To view/download the listing files, please visit the link below:
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.
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 11/14/2024