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San Juan, NM
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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!
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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
Dimmit County Texas Mineral Rights for Sale
Listing ID
401116
Listing Status
sold
This listing has been 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 has been sold. To protect our client’s privacy, the listing files are no longer available for download.
Listing Details
Starting Bid: $1,190,000
- State : Texas
- County : dimmit
- Legal Location : A-21, Maize Survey, Section 23
- Net Acres : 160
- Active Lease : Yes
- Royalty Rate : 22%
- Producing : yes
- Average Income : $3,500/Month
Comments:
This is your chance to pick up a large amount of acreage! This acreage has been held in the family for generations and traces back to the patent deed. This farm was sold a few decades ago but the owners kept the mineral rights in the family. More importantly, a single owner has the rights to 160 net mineral acres in Dimmit County Texas. This is a very rare opportunity to pick up a nice amount of mineral rights in Dimmit county in a single purchase.
Did we mention that there is a rig on location! There is currently some nice royalty income being produced from the existing horizontal wells. There is upside from 2 additional wells that in the process of being drilled right now. There is also one DUC on location. Huge upside in this acreage for the right mineral buyer.
The seller is willing to entertain offers at $1,190,000 or better. Based on other offers they have received, they are firm at this price point. All bids should be based upon the decimal interest listed on the check stub. No adjustments will be allowed at closing unless the operator is paying them incorrectly.
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.
