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Client Reviews

Howard, TX

Rated 5 out of 5
January 3, 2023

The team at Texas Royalty Brokers were so easy to work with. They made what sounds like a very confusing process, clear and straightforward. They were incredibly responsive and kind people to work with. I definitely recommend their services!

Bridget Z.

Tarrant, TX

Rated 5 out of 5
December 15, 2022

A great and straightforward experience. They answered all questions and made the process quick and easy. I highly recommend their services.

Robert S.

Howard, TX

Rated 5 out of 5
December 2, 2022

I engaged Texas Royalty Brokers to market my mineral interest after I received an unsolicited offer. They got me almost 2x the original offer, and they were professional and transparent through the entire process. Definitely plan to use them again.

Christopher W.

Karnes, TX

Rated 5 out of 5
November 1, 2022

After several months of researching the process of selling mineral rights, as well as researching several land/mineral brokers, I filled out the contact form for Texas Royalty Brokers. I received a reply from Eric Winegar almost immediately. From the start, Eric was easy to work with and I always felt that he was truly working with my best in mind. Throughout our numerous emails and phone calls, he was always courteous and professional and answered every question I asked. Some more than once! I was provided with all the drilling maps and financial information he used to determine the listing price and future drilling potential.

Once I accepted an offer, he handled all of the paperwork and walked me through every part of the process. And, when we ran into a snag (which he had prepared me to expect) and I started to question my decision to sell, he was so respectful of my indecision and provided me with all the information I needed to reassure myself that I was making the right decision. I can’t thank him enough. I wouldn’t hesitate to recommend Texas Royalty Brokers to anyone interested in selling their mineral interests.

Jann R.

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.

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Listing Notifications

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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.

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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