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Upton , TX
My wife and I were very pleased with the guidance and knowledgeable advice that Emily and Eric provided to us regarding the sale of her mineral rights in Texas.
Nacogdoches, TX
Eric and his team were very knowledgeable and responsive to our needs and questions. The professionalism and integrity exceeded our expectations throughout the entire process. We highly recommend Texas Royalty Brokers!
Harrison, TX
I decided to work with Texas Royalty Brokers after reading several of their reviews. It was a good decision. They were prompt in their communication and straightforward in their assessments and follow through. I am quite pleased with the outcome and recommend them highly.
San Augustine, TX
I am so grateful for the guidance during the process of selling my mineral rights. This was a huge decision! Eric and his team are top notch professionals, answering any and all concerns/questions along the way. I would definitely recommend Texas Royalty Brokers!
Anderson, TX
I went into the listing and sale of mineral rights knowing nothing! TRB made the process easy. They explained every step of the process with frequent updates and were patient and prompt in answering any questions. I could not have navigated this process without them. I am truly grateful for their help and highly recommend TRB for anyone looking to sell their mineral rights.
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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.
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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.
