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Glasscock, TX
Emily was efficient and informative in effecting the sale of an oil property I owned. A pleasure to work with.
Lavaca, TX
Such a smooth transaction! Highly recommend!
Reeves, TX
I had the pleasure of doing business with Texas Royalty Brokers and I was very satisfied with the results! Emily was straightforward, quick to respond, and honest the whole way through. I highly recommend Emily, Eric and the team at Texas Royalty Brokers.
Karnes, TX
Emily and Eric were great! Very fast process! I had lots of questions and they were very responsive and gave lots of updates.
Upton, TX
Texas Royalty Brokers has to be one of the most efficient mineral brokers in the nation. Within a week of my listing I received a 30% increase against my highest offer trying to sell it on my own. A very concise, smooth experience from start to finish.
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Listing Title
Minerals for Sale in Ector Texas
Listing ID
401121
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.
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: $745,000
- State : Texas
- County : ector
- Legal Location : A-199, T&P RR CO Survey
- Net Acres : 124.1
- Active Lease : Yes
- Royalty Rate : 25%
- Producing : yes
- Average Income : $550/Month
Comments:
This is a great opportunity for mineral buyers to purchase mineral rights in Ector County Texas.
There are 4 owners who have these mineral rights. All have agreed to sell. This listing is for all four owners combined. All 4 owners are on the same page about selling and all of them are serious sellers. These are family members.
This ownership currently has 1 horizontal well drilled. There are some old vertical wells on this acreage that produce a nominal amount of royalty income. There is a steady $550/month (combined) royalty income being generated by the horizontal well and old vertical wells. These wells are well past flush production so this income is very steady. The value in these mineral rights is based upon the upside potential.
The sellers are willing to entertain offers at $745,000 or better. Based on other offers they have received, they are firm at this minimum price point. We are going to allow for a 7 day review period on this listing and then we will begin accepting offers.
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.