sellers
Texas Royalty Brokers
Popular Topics
Mineral Rights Report
Buyers
New Listing Notifications
To receive notifications regarding new listings that are activated on our website, please enter your email address below.
Client Reviews
Martin, TX
Working with Eric to help our family sell our oil rights was such a great experience and definitely the right decision for our family. From our first consultation over the phone, Eric laid out a road map of the process that was accurate, but also gave us the ability to make our own decisions along the way.
After negotiating with many potential buyers on our own, we were not able to get the price we were looking for to sell. However, once we hired Eric and his team to market our rights to all potential buyers in the market, we were able to sell at a much higher price and increase our take home net by over $100,000. I would definitely recommend Eric and Texas Royalty Brokers if you are concerned about under selling the value of your oil rights. His processes were clear, his service was outstanding, and his value to the transaction was worth his commissions!
Thank you for guiding us through the process Eric. We greatly appreciate you and your hard work!
Webb, TX
Amazing experience! Eric is a pro! We got a full price offer and closed within 2 weeks of listing. I will only work with Eric Winegar and Texas Royalty Brokers in the future.
Howard, TX
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!
Tarrant, TX
A great and straightforward experience. They answered all questions and made the process quick and easy. I highly recommend their services.
Howard, TX
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.
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
401148
Listing Status
pending
- Listing Posted - complete
- Listing Evaluation - complete
- Accepting Offers - complete
- Client Review - complete
- Best and Final - complete
- Under Contract - in progress
Please take a moment to learn more about each listing phase.
We are currently in the listing evaluation phase for these mineral rights. We will begin accepting offers on Thursday, February 16th.
Listing Maps
Listing Files
Please click the download button below to view the listing files. Listing files include maps, check stubs, and other documentation.
Listing Details
Starting Bid: $132,500
- State : Texas
- County : gaines
- Legal Location : Various, please see the attached map
- Net Acres : N/A
- Active Lease : Yes
- Royalty Rate : 12.5%
- Producing : yes
- Average Income : $3,041/Month
Comments:
Update: 2/21/2023
Accepting best and final bids by end of day on Thursday, February 23rd.
___________________________________
Update: 2/15/2023
Tomorrow we will begin accepting bids on this acreage. We are expecting multiple bids based on initial feedback. We will be leaving the bidding open until end of day on Monday, February 20th. We will then discuss the bids with the seller, confirm they are prepared to move forward at the market prices we are seeing or better, and then circle back to buyers for a best and final opportunity if necessary. Please feel free to hold your bids until Monday if you prefer.
___________________________________
This is a great opportunity to purchase some excellent cash flow that is extremely diversified. The owner has production coming from approximately 150 vertical wells. The monthly cash flow is averaging just over $3,000/month. The owner receives income from 4 different operators, which are: Jetta, Parallel, Sabinal, and Zarvona.
We have attached a wells table which shows all the wells currently in production. We have spot checked the ownership data and found the owner in all of them that we spot checked. While we believe the wells table is correct, this data should not be used as the basis for your offer. There could be wells on the list which are NOT included in the sale, or there could be missing wells which ARE included in the sale. The check stubs determine what is being sold.
We are not representing any specific number of acres on this listing.
This ownership is held in a Trust, and the Personal Representative (Donna) will execute the deed at closing. We have attached the Will naming Donna as the PR.
All offers should be made a cash flow basis. No adjustments will be allowed at closing unless mutually agreeable.
The starting bid price for this listing is $132,500, which at $3,000/month is a 3.7 year pay back. This is a great opportunity to buy some nicely diversified royalty income.
To view/download the listing files, please visit the link below:
We will begin accepting offers on Thursday, February 16th.
All buyers are required to either do a 14 day close, make a $5,000 deposit, or sign our qualified buyer agreement once a deal has been verbally agreed upon.
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.
We have other mineral rights for sale.
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.
Accepting Offers on 2/16/2023