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Client Reviews

Reeves, TX

May 1, 2024

Texas royalty brokers did a fabulous job getting my property sold efficiently professionally and quickly. Eric and Emily were prompt with returning calls and emails and made the entire transaction seamless! I would certainly use them again.

Lindsay F.

Leon, TX

April 12, 2024

Texas Royalty Brokers did a fantastic job marketing and selling my mineral rights. Eric and Emily were extremely helpful and patient in answering all my questions and guiding me through the process. They basically did all the paperwork. I would definitely use them again!

Dan T.

Andrews, TX

March 27, 2024

Eric and his staff at Texas Royalty Brokers were amazingly helpful! Between finding the value of my minerals, finding buyers, and handling the contracts. I couldn’t imagine dealing with the processes without them.

Thank you so much Eric!!!

Rob O.

Mitchell, TX

March 25, 2024

Texas Royalty Brokers was great to work with! The offer exceeded my expectations! Eric and Emily were very clear and organized with the process and made it easy. I would definitely use them again!

Tuey R.

Karnes, TX

March 18, 2024

My experience with Tx Royalty Brokers was excellent. They basically did all the work as promoting and marketing my asset. I ended up getting what I wanted – my net payout was a multiple of over 66 months of my present monthly royalty payments.

I would highly recommended Eric and Emily to anyone who is interesting in marketing their mineral or royalty interests.

Mark P.

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Listing Notifications

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Listing Title

Dimmit County Texas Mineral Rights for Sale

Listing ID

401155

Listing Status

sold

Accepting Offers on 5/22/2023
  • Listing Posted - complete
  • Listing Evaluation - complete
  • Accepting Offers - complete
  • Client Review - complete
  • Best and Final - complete
  • Under Contract - in progress

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: $140,000

  • State : Texas
  • County : dimmit
  • Legal Location : Please see attached map.
  • Net Acres : 19.00
  • Active Lease : Yes
  • Royalty Rate : 12.5%
  • Producing : yes
  • Average Income : $3,600/Month
Comments:

Update 7/11/2023

SOLD

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Update 6/14/2023

Sale Pending

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Update 6/13/2023

The seller has reduced the ask from $185,000 to $140,000.

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Update:  6/6/2023

Price reduced from $210K to $185K.

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Update: 5/22/2023

Now accepting offers

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This is a non-participating royalty interest.

The owner of these mineral rights has approximately 19 NRA.   These wells have been producing for around 4.5 years.  This is a great opportunity to buy some fully PDP acreage that is past the initial decline, but will produce for decades to come.  This is a great area surrounded by activity.

All offers should be made a cash flow basis.  No adjustments will be allowed at closing unless mutually agreeable.  We are estimating 19 net royalty acres, but no adjustments will be allowed based on the number of acres owned.

The starting bid price for this listing is $210,000, which at $3,600/month is a 4.8 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 Monday, May 22nd.

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