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Client Reviews

Reagan, TX

Rated 5 out of 5
May 11, 2023

Eric and his company did a fantastic job throughout my entire selling process. They are very knowledgeable, gracious, and efficient. Eric personally went above and beyond in communication to me and my family and I would recommend him and his company to anyone. I’m incredibly satisfied.

Sean G.

Dimmit, TX

Rated 5 out of 5
May 10, 2023

Worth every penny! I can’t say enough about what a pleasant experience this was, thanks to Eric Winegar. Being completely unfamiliar with how to go about selling our family’s mineral interests, I had no idea where to begin. Then I received a brochure in the mail from Texas Royalty Brokers. It answered many of my questions (as well as some I didn’t know I should have), so I checked out their website. I found a wealth of information there as well, so I filled out their online inquiry form. I quickly heard from Eric, provided a few royalty check stubs, and from there he literally took care of everything else.

Eric explained every step of the process along the way and answered all my rookie questions with the utmost professionalism. His experience and expertise in this industry is invaluable and I could not have imagined an easier process.

Lisa S.

Panola, TX

Rated 5 out of 5
May 4, 2023

Eric Winegar was incredible. He took time to pull together data and explained in great detail the specifics of our mineral interests. We had an offer that could have potentially been a horrible mistake and Eric saved the day! We are so grateful for the time he took to put everything together and explain it to where we could understand it. He is so knowledgeable!

Christi Potts

Panola, TX

Rated 5 out of 5
May 2, 2023

Eric is First class, educational and honest. We had been offered a substantial amount for one of our mineral rights by mail. I was uncomfortable because the amount didn’t add up for me and I reached out to Texas Royalty Brokers for a second opinion. Eric took the time to explain the process, what he thought he might be able to do given the information he had at the time (which was no more than the offer letter I had been provided). I decided to give Eric a shot at the second opinion and sent in all the information required. Eric reviewed the information, did a substantial amount of research and scheduled a conference call.

Eric took the time to explain , with supporting maps and documentation, why selling was a bad idea for us. I learned more in a 30 minute conversation with Eric than I had in the three years since we inherited the royalties. Long story short, he saved us from making a several hundred thousand dollar mistake. He didn’t have to take the time educate us but he did. I highly recommend Eric and his team and will definitely use Eric if the time ever becomes right to sell.

Rick R.

Karnes, TX

Rated 5 out of 5
April 19, 2023

Eric, it was a pleasure working with you! The outcome and timing was precisely as expected and communication was every bit on point. I thank you, my family thanks you! I will keep in touch. Respectfully,

The Trial’s

Theresa T.

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Listing Notifications

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Listing Title

Dimmit County Texas Mineral Rights for Sale

Listing ID

401149

Listing Status

sold

Accepting Offers on 4/20/2023
  • 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

_________________________

Update:  4/26/2023

Under Contract

_________________________

Update: 4/21/2023

Client considering offers.

_________________________

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.

_________________________

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:

Download Files

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.

Buyer Inquiry