sellers

Texas Royalty Brokers

Popular Topics

Free Consultation

Buyers

New Listing Notifications

To receive notifications regarding new listings that are activated on our website, please enter your email address below.


 

Client Reviews

Howard, TX

Rated 5 out of 5
September 19, 2022

16 years after inheriting Howard County mineral rights, and recently receiving increasing unsolicited purchase offers, we made the decision to sell. After thoroughly researching brokerage firms we decided to contact Texas Royalty Brokers which was a highly beneficial move. Eric could not have been easier to work with and we felt a strong fiduciary relationship throughout the entire process. Numerous phone calls and discussions were handled in a prompt, professional manner with precise explanations and valuable information offered, all delivered in a stress free environment. We feel that Eric went above and beyond our expectations and was a significant factor in our successful sell. We highly recommend Texas Royalty Brokers and Eric Winegar and would not hesitate to work with them in any future endeavors.

Traci D.

Shelby, TX

Rated 5 out of 5
August 1, 2022

By listing our mineral interests with Texas Royalty Brokers, my husband and I received an offer more than 50% higher than the best offer we received in the mail. And, the expert guidance we received from Eric Winegar through the entire process was just as important.

Eric established value, listed the property, discussed options, vetted and coordinated paperwork, always provided thoughtful and knowledgeable guidance, clearly answered our many questions, and looked after our interests, keeping us informed every step along the way. We are so glad that we listed our property with Texas Royalty Brokers.

Linda, N.

La Salle, TX

Rated 5 out of 5
June 24, 2022

Our family was on the fence about selling mineral rights until we got a really high offer in the mail. We reached out to see if the offer was a fair one. Within just minutes the company responded and walked us through the value of the mineral rights. We decided to list the mineral rights to see if there was a better offer. Sure enough, we got a bid that was even higher. I can’t thank Eric and the team at Texas Royalty enough for helping our family with the sale of these mineral rights. We are truly thankful.

Amy R.

Harrison, TX

Rated 5 out of 5
June 18, 2022

We got an offer from [redacted] in the mail. I knew this offer was a low ball offer, but we hadn’t really thought about selling until the offer came in. My wife and I didn’t want to be greedy, but we also wanted to sell for the best price we could find. I reached out to a few other buyers and then decided to list this at Texas Royalty Brokers. It was the best decision we could have made. We ended up walking away with substantially more money.

Arnold P.W.

Ward, TX

Rated 5 out of 5
May 6, 2022

The price I received after listing at Texas Royalty Brokers was shocking. I had multiple offers to sell, but I was not sure who to trust. I decided to list and let them walk me through the process. Our family was less concerned about the price and more concerned about not being taken advantage of. We ended up selling for over $600,000 more than the offers we were receiving. On top of that, they walk us through the sales process making sure we understood everything each step of the way. These guys are the real deal and our family is very grateful we found this company.

Sam L.

Blog Categories

Listing Notifications

To receive notifications regarding new listings that are activated on our website, please enter your email address below.


 

Listing Title

Gaines County Texas Mineral Rights for Sale

Listing ID

401117

Listing Status

sold

This listing is 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 is under contract. To protect our client’s privacy, the listing files are no longer available for download.

Download

Listing Details

Starting Bid: $900,000

  • State : Texas
  • County : gaines
  • Legal Location : Various legal locations, see attached.
  • Net Acres : 212.6
  • Active Lease : Yes
  • Royalty Rate : 20%
  • Producing : yes
  • Average Income : $12,400/month
Comments:

If you have been looking for a cash flowing property this is the one!

The owner of these mineral rights has a large amount of acreage that is almost all producing.  This acreage is part of a waterflood and has been a very consistent producer.  The wells have already been producing for 10+ years so we are well past the initial decline of an oil and gas well.  The mineral rights value on this acreage is based on the current cash flow.

Due the fact these wells are past flush production and consistent producers, the sellers are looking for an approximately 6 year pay back on their existing cash flow.  These wells have been producing a very consistent $12,400/month in royalty income.  It may fluctuate each month by +/- $500.   The last 3 months of check stub detail is attached along with the last few years 1099’s to show how consistent the production has been.

The owner does not have any current offers to sell mineral rights on the table.  They are interested in seeing what offers are out there.  They are serious sellers.  We are allowing a 7 day review period on this listing and will begin accepting offers shortly after.

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.

Buyer Inquiry