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Client Reviews
Ector, TX
I have had several correspondences over the recent past with Eric. Five stars is simply not enough! Navigating and trying to understand the mineral interests I inherited has been daunting, and further crazy with offers of purchase. Not knowing what to do or what to expect, I reached out to Texas Royalty Brokers and fortunately Eric responded to my inquiries. Has has been informative, up front, he has researched and quite honestly, has gone way above and beyond any expectations I had. Thank you, Eric!
Gonzales, TX
Working with Texas Royalty Brokers was seamless. They are helpful, communicative, transparent, and efficient. I did a sale on my own and one with Texas Royalty Brokers and would recommend doing the process with them!
McMullen, TX
Texas Royalty Brokers is an outstanding firm that went above and beyond my expectations.
Eric and Emily were able to negotiate the value of my minerals more than I expected to receive, as well as, expedite the process with ease.
I am thankful for all their hard work.
If you’re considering selling minerals in Texas, do yourself a favor and contact them.
San Augustine, TX
I cannot say enough positive things about my experience with Texas Royalty Brokers! Eric was always responsive to my many questions and guided me expertly through what was a foreign process to me. I highly recommend Texas Royalty Brokers to anyone who is interested in selling mineral/royalty rights.
Hemphill, TX
Eric and Emily were awesome! Very professional, informative and kept me informed and up to date on proceedings. Had a great experience!
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Listing Title
Hemphill County Texas - Mineral Rights For Sale
Listing ID
401187
Listing Status
sold
- 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: 5/29/2024
Sold
______________________
Update: 4/18/24
Under Contract
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Update 4/12/24
Best and final offers due by end of day Wednesday 4/17/24.
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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:
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.
Accepting Offers on 4/9/2024