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Client Reviews

Leon, TX

Rated 5.0 out of 5
April 12, 2024

Texas Royalty Brokers did a fantastic job marketing and selling my mineral rights. Eric and Emily were extremely helpful and patient in answering all my questions and guiding me through the process. They basically did all the paperwork. I would definitely use them again!

Dan T.

Andrews, TX

Rated 5.0 out of 5
March 27, 2024

Eric and his staff at Texas Royalty Brokers were amazingly helpful! Between finding the value of my minerals, finding buyers, and handling the contracts. I couldn’t imagine dealing with the processes without them.

Thank you so much Eric!!!

Rob O.

Mitchell, TX

Rated 5.0 out of 5
March 25, 2024

Texas Royalty Brokers was great to work with! The offer exceeded my expectations! Eric and Emily were very clear and organized with the process and made it easy. I would definitely use them again!

Tuey R.

Karnes, TX

Rated 5.0 out of 5
March 18, 2024

My experience with Tx Royalty Brokers was excellent. They basically did all the work as promoting and marketing my asset. I ended up getting what I wanted – my net payout was a multiple of over 66 months of my present monthly royalty payments.

I would highly recommended Eric and Emily to anyone who is interesting in marketing their mineral or royalty interests.

Mark P.

Borden & Dawson, TX

Rated 5.0 out of 5
December 2, 2023

I am convinced working with Texas Royalty Brokers resulted in maximizing the amount I sold my mineral interests for. They were engaged and responsive throughout the sale process, willing to discuss any concerns or requests, and also provided sound advice based on their past experience. If I ever consider selling additional minerals in the future, Texas Royalty Brokers will be my first choice to market them.

Bill L.

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Listing Notifications

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Listing Title

Hemphill County Texas - Mineral Rights For Sale

Listing ID

401187

Listing Status

pending

Accepting Offers on 4/9/2024
  • 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.

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: $160,000

  • State : Texas
  • County : hemphill
  • Legal Location : Multiple locations in TX and OK
  • Net Acres : 537.66
  • Active Lease : Yes
  • Royalty Rate : 12.5%
  • Producing : yes
  • Average Income : $2,450/Month
Comments:

Update: 4/18/24

Under Contract

______________________

Update 4/12/24

Best and final offers due by end of day Wednesday 4/17/24.

______________________

This owner has ownership in multiple counties including Hemphill County, TX; Tarrant County, TX and Roger Mills County, OK.   The vast majority of the ownership is in Hemphill County and we believe this owner has 537.66 NRA in Hemphill County in multiple locations.  While the seller has ownership in multiple counties, this listing is specifically for her Hemphill county ownership.  She is open to selling all of it, but to ensure we can compare offers correctly, the listing is specific to Hemphill, and any additional ownership she has would be negotiated separately.

There is steady royalty income at an average of $2,450/Month and plenty of upside potential in this ownership.  The starting bid price represents a 5.5 year pay back, but there is a substantial amount of upside potential across multiple locations.  A single new well being drilled in any location makes this investment extremely profitable.

The largest NRA and upside potential locations are highlighted below:

Etheredge A Unit: We believe the owner has 96 NRA in this 640 acre unit.  There are only 4 wells in this unit with plenty of spacing for additional wells and upside potential for a buyer.

Flowers B Unit: We believe the owner has 64 NRA in this 640 acre unit.  There are only 2 wells in this unit with plenty of spacing for additional wells and upside for a buyer.

Flowers C Unit: We believe the owner has 64.48 NRA in this 644.75 acre unit. There is only 1 well in this unit, again presenting upside potential for a buyer.

Hardin 77 Unit: We believe the owner has 120.14 NRA in this 640 acre unit.  There are only 2 wells in this unit, providing ample space for additional wells and upside potential for a buyer.

The owner also has sizable ownership in multiple Jarvis units, the Garver Unit, the Flowers unit, the Atkinson Unit, the Francis Unit and the Coffee 12 unit in Hemphill County to make up the remainder of the 537.66 NRA. The ownership is detailed in the attached ownership estimate.

The owner also has, what we believe to be 1.12 NRA in Tarrant County in the Veteran A unit and ownership in Roger Mills County in the Beals, Leddy and Hyman wells.  In the Beals unit, we believe the owner has 19.2 NRA.  The other ownership is smaller amounts of acreage.

While the owner has multiple properties outside of Hemphill county, this listing is specifically for all mineral rights owned in Hemphill County Texas.   The other ownership is negotiable for a separate price.

All bids should be based upon the cash flow value / NDI represented on the check stubs.  No adjustments will be allowed for this listing unless mutually agreeable.  Please note that we have included an ownership estimate that shows the amount of NRA we believe she owns.  This is simply an estimate to illustrate the upside potential, but all bids should still be on the basis on the cash flow / NDI on the check stubs.

To view/download the listing files, please visit the link below:

Download Files

We will begin accepting offers on Tuesday, April 9th.

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.

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