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Reeves, TX
Texas Royalty Brokers did a fantastic job helping us sell our mineral interests. They were extremely knowledgeable, responsive, and transparent throughout the entire process. They explained everything clearly, kept us updated every step of the way, and helped us secure a very fair deal. We felt confident and well represented from start to finish. I highly recommend them.
Shelby, TX
Emily and Eric were extremely helpful throughout the entire process from start to finish. Very good at explaining the process and keeping me updated on where things were. Appreciate their help in making this a smooth and productive transaction!
Leon, TX
Texas Royalty Brokers were very professional and got the job done!
Hats off to Texas Royalty Brokers!!
Lea, NM
Emily and Eric really did a good job guiding us through the process to sell our mineral rights.
They found a buyer quickly, and even though our records were old and scattered, taking longer than usual to document things, they patiently worked with us to complete the sale. They are the best. Ken Flake.
Robertson, TX
Texas Royalty Brokers helped me and my family navigate some tricky inherited minerals. I had great peace of mind using them versus dealing directly with a buyer. Very satisfied experience.
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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.
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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.
