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Client Reviews
Ector, TX
I have had several correspondences over the recent past with Eric. Five stars is simply not enough! Navigating and trying to understand the mineral interests I inherited has been daunting, and further crazy with offers of purchase. Not knowing what to do or what to expect, I reached out to Texas Royalty Brokers and fortunately Eric responded to my inquiries. Has has been informative, up front, he has researched and quite honestly, has gone way above and beyond any expectations I had. Thank you, Eric!
Gonzales, TX
Working with Texas Royalty Brokers was seamless. They are helpful, communicative, transparent, and efficient. I did a sale on my own and one with Texas Royalty Brokers and would recommend doing the process with them!
McMullen, TX
Texas Royalty Brokers is an outstanding firm that went above and beyond my expectations.
Eric and Emily were able to negotiate the value of my minerals more than I expected to receive, as well as, expedite the process with ease.
I am thankful for all their hard work.
If you’re considering selling minerals in Texas, do yourself a favor and contact them.
San Augustine, TX
I cannot say enough positive things about my experience with Texas Royalty Brokers! Eric was always responsive to my many questions and guided me expertly through what was a foreign process to me. I highly recommend Texas Royalty Brokers to anyone who is interested in selling mineral/royalty rights.
Hemphill, TX
Eric and Emily were awesome! Very professional, informative and kept me informed and up to date on proceedings. Had a great experience!
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Listing Title
Dimmit County Texas Mineral Rights for Sale
Listing ID
401155
Listing Status
sold
- 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:
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.
Accepting Offers on 5/22/2023