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Client Reviews
Denton, TX
Super easy process. Emily was great. She communicated clearly and promptly thru ought the whole process. I would definitely recommend them.
Reeves, TX
My experience working with Texas Royalty Brokers to market my mineral rights has been nothing but a great experience! They were professional, informative, prompt and made selling my mineral rights a smooth and fairly easy process. I would highly recommend them.
San Juan, NM
Knowledgeable, competent, Great communication and ultra professional. They explained in detail every step along the way. I will defiantly use them again.
Gregg, TX
Texas Royalty Brokers is wonderful! Everyone is professional, knowledgeable, and so nice. They are responsive and thorough, and I’m so glad they handled my transaction. Everything went very smoothly!
Denton, TX
A superb service that obtained the target price I had set for the sale of my minerals. Emily, who is great to work with, patiently navigated me through the process from beginning to end. Highly recommended!
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Listing Title
Dewitt County Texas Mineral Rights for Sale
Listing ID
401113
Listing Status
sold
This listing is SOLD. Please visit our listings page and set the status filter to “Active” to see currently active listings. If you want to buy mineral rights in Texas, sign up for listing notifications to receive emails when new listings are posted.
- 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 Files
This listing is under contract. To protect our client’s privacy, the listing files are no longer available for download.
Listing Details
Starting Bid: $295,000
- State : Texas
- County : dewitt
- Legal Location : Section 1, I RR CO Survey, A-246
- Net Acres : 34.2
- Active Lease : Yes
- Royalty Rate : 18.75%
- Producing : yes
- Average Income : $100/month
Comments:
The owner of this property has a small amount of royalty income being produced from an older horizontal oil and gas well. However, this acreage sits in a 665.15 acre unit meaning there is massive upside in this opportunity. The value of these mineral rights is in the future upside potential as new wells are drilled on the acreage. This is a great opportunity for the mineral buyer who is less concerned about current cash flow and more concerned with excellent acreage with upside potential.
The owner has been receiving a lot of offers on the acreage and is interested in what other offers are out there. Based on their existing offers, your offer will need to be a minimum of $295,000 and we expect the final bid to exceed $300,000 based on initial feedback. We are going to have a 7 day review period and we will then begin accepting offers.
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.
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.