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Client Reviews
San Augustine, TX
I am so grateful for the guidance during the process of selling my mineral rights. This was a huge decision! Eric and his team are top notch professionals, answering any and all concerns/questions along the way. I would definitely recommend Texas Royalty Brokers!
Anderson, TX
I went into the listing and sale of mineral rights knowing nothing! TRB made the process easy. They explained every step of the process with frequent updates and were patient and prompt in answering any questions. I could not have navigated this process without them. I am truly grateful for their help and highly recommend TRB for anyone looking to sell their mineral rights.
Harrison, TX
I dealt with Emily and she did a wonderful job. She did research for me into the value of mineral rights and gave me the option to sell through them or to wait. I choose to hold on to my mineral rights for the time being but had a great experience working with her. I would definitely recommend to anyone needing help with their oil and gas mineral rights to give her a call.
Anderson, TX
They have great communication throughout the whole process. They are thorough in answering questions and are quick to respond. I am very satisfied with the service I received and will use them again.
Loving, TX
My sister and I had inherited some mineral rights from our mother’s estate, and we didn’t know where to begin. Emily and Eric both answered every question, gave us all the guidance we needed and we walked away with an offer/sale that was well above any that had been offered before. I would highly recommend Texas Royalty Brokers!
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Listing Title
Gonzales County ORRI for Sale
Listing ID
401114
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: $110,000
- State : Texas
- County : gonzales
- Legal Location : Tumlinson J Survey, A-444
- Net Acres : N/A
- Active Lease : Yes
- Royalty Rate : 18.75%
- Producing : yes
- Average Income : $2,650/Month
Comments:
This an opportunity to pick up a nice ORRI interest in Gonzales County Texas. This single well is producing a very solid royalty income of $2,650/month. This well has been producing for around 4.5 years now so we are past most of the flush production on this well.
The size of the unit is 750.0 net mineral acres so there is substantial upside. If additional horizontal oil and gas wells are drilled these mineral rights will be worth substantially more. There are currently no active permits to drill more oil and gas wells on this acreage, but the operator has told the seller they plan to drill more in the next 4 or 5 years.
The value of these mineral rights is based on the current royalty income as well as the potential upside on the acreage.
The seller is willing to entertain offers at $110,000 or better. Based on other offers they have received, you will need to be in this ballpark or higher with bids. All bids should be based upon the decimal interest listed on the check stub. No adjustments will be allowed at closing unless the operator is paying them incorrectly.
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.
