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Lea, NM
Wonderful experience! Highly recommend the Texas Royalty Brokers
Hemphill, TX
Emily and Eric are fantastic and very helpful. I know nothing about royalties, etc. They made it so easy, quick and painless. 5 out of 5 stars for sure!!!!
Lavaca, TX
Texas Royalty Brokers assisted me in a sale; they were straightforward and clear on the process; answered every question I had along the way….I would recommend them…
Shelby, TX
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Atascosa, TX
Around a year ago I received a brochure from Texas Royalty Brokers. I held on to it till this year. In speaking with the team at Texas Royalty Brokers it was clear to me to use their expertise. They were extremely knowledgeable and helpful in guiding me through this extensive process. I could completely recommend them to anyone interested in selling their minerals.
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Listing Title
Dimmit County Texas Mineral Rights for Sale
Listing ID
401149
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.
We are currently in the listing evaluation phase for these mineral rights. We will begin accepting offers on Thursday, April 20th.
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: $265,000
- State : Texas
- County : dimmit
- Legal Location : Various, please see the attached map
- Net Acres : 40.00
- Active Lease : Yes
- Royalty Rate : 12.5%
- Producing : yes
- Average Income : $5,180/Month
Comments:
Update: 5/8/2023
SOLD
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Update: 4/26/2023
Under Contract
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Update: 4/21/2023
Client considering offers.
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Update: 4/20/2023
We will be accepting offers on this listing until close of business on Friday, April 21st. Feedback will be provided to all buyers who submit a bid on Monday afternoon.
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Update: Maps have been fixed.
The owner of these mineral rights has 40 net royalty acres in Dimmit County Texas. These mineral rights are producing an average of over $5,000 with steady income. All of the production is from wells that are well past the initial decline, yet have decades of reserves making this an exceptional investment for buyers looking for fully PDP acreage.
The seller receives 2 checks each month. One check is from oil production and the other check is from gas production. On the revenue summary attached, we have this broken down as two different line items.
We are working with the owners daughter on this ownership. The owners daughter has POA which we have attached to the listing.
All offers should be made a cash flow basis. No adjustments will be allowed at closing unless mutually agreeable. We are estimating 40 net royalty acres, but no adjustments will be allowed based on the number of acres owned.
The starting bid price for this listing is $265,000, which at $5,180/month is a 4.3 year pay back. This is a great opportunity to buy some nicely diversified royalty income.
To view/download the listing files, please visit the link below:
We will begin accepting offers on Thursday, April 20th.
All buyers are required to either do a 14 day close, make a $5,000 deposit, or sign our qualified buyer agreement once a deal has been verbally agreed upon.
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 4/20/2023