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Client Reviews

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.

Winkler, Texas

Rated 5 out of 5
March 24, 2022

My family is extremely grateful that we found Texas Royalty Brokers. After receiving multiple offers to sell, we were ready to accept an offer and then found this company online. We decided to list and see if there were any better offers out there. We ended up selling over 40% higher. Had we simply taken the offer in hand, we would have left so much on the table. I highly recommend this company. They made the process simple and we walked away with more money.

Bethany A.

Glasscock, Texas

Rated 5 out of 5
February 4, 2022

We were trying to sell our mineral rights and getting overwhelmed with offers. We decided to list at Texas Royalty Brokers and let the buyers get into a bidding war. That’s exactly what happened! We ended up selling way higher than the offers we were seeing. Very happy we got a good price here.

Perry S.

Pecos, Texas

Rated 5 out of 5
January 28, 2022

We sold our ranch years ago but held onto the mineral rights. A few new wells were recently drilled and the royalty income was substantial. Once we figured out how much we would save in taxes by selling, it was an easy decision. The price we got was beyond our expectations.

Allen M.

Response from Texas Royalty Brokers

Thank you for the kind review Allen. It was a pleasure working with you and your family.

Midland, Texas

Rated 5 out of 5
November 23, 2021

When our family members sold their mineral rights, we were skeptical because they got a random offer in the mail. We decided to sell mineral rights at Texas Royalty Brokers and we are SO HAPPY that we did. We ended up selling our mineral rights in Midland County Texas for 30% more than our family members received. What they say is true. Competition go us a much better price. Highly recommend.

Ned and Anita H.

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Listing Title

Gaines County Texas Mineral Rights for Sale

Listing ID

401117

Listing Status

pending

This listing has currently PENDING.  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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Listing Files

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

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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.

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