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Client Reviews
La Salle, TX
They were so Great… always up front, they did all the work and we got a very fair price… Didn’t have to bother with all the calls of other brokers with bait and switch offers. TRB are the Only way to sell your royalties and get a fair price.
Reeves, TX
My experience with Texas Royalty Brokers was excellent. Communication at every step in the process was maintained. The price received for the royalties exceeded our expectations. The entire process was completed in six weeks. I’d recommend Texas Royalty Brokers to anyone that considers selling.
Harrison, TX
Texas Royalty Brokers was easy to work with and were able to answer all of our questions quickly. We had a pleasant experience working with them.
Howard, TX
Working with Eric Winegar was a wonderful experience. He was always available to answer questions and helped get us to our closing quickly. I would definitely work with him again.
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!
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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 Maps
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.
