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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
Denton County Texas Mineral Rights for Sale
Listing ID
401237
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: $110,000
- State : Texas
- County : denton
- Legal Location : Multiple locations
- Net Acres : 89.64
- Active Lease : Yes
- Royalty Rate : 12.5%
- Producing : yes
- Average Income : $1,254/Month
Comments:
Update 6/23/25:
Sold
____________________
Update 6/4/25:
Under contract
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These mineral rights are located in Denton County, Texas, presenting upside opportunity and consistent cashflow.
We believe our client owns 89.64 NRA in three units. The unit breakdown is as follows:
JE Day Heirs Unit:
There are 2 wells in this unit, one vertical and one horizontal, both around 20 years old on 236 acre spacing. We believe our client owns 29.58 NRA in this unit. There are 2 allocation wells that run through this acreage in which our client is in pay.
Day Adams Unit:
There are 4 horizontal wells in this unit on 320 acre spacing. These wells are around 17 years old and we believe our client owns 20 NRA in this unit.
Jerome et al Russell Unit:
We believe our client owns 40 NRA in this 320 acre unit. There are 2 horizontal wells in this unit.
These mineral rights produce a combined $1,254 average royalty income per month.
This deal presents excellent cashflow value as well as plenty of space for additional future drilling. There are active permits in the county as well as a rig running to the NE.
Additional notes:
*** This client has a relative with identical ownership who may be interested in selling for the right price. Please present an offer based on this listed ownership alone and indicate interest in the additional ownership.
For this listing, we are requiring the following:
-
- Special Warranty Deed
- 30 Day Close
- Any adjustment to the purchase price greater than 10% must be 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 Tuesday, May 20th.
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 $25,000 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 5/20/2025