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Lea, NM
Wonderful experience! Highly recommend the Texas Royalty Brokers
Hemphill, TX
Emily and Eric are fantastic and very helpful. I know nothing about royalties, etc. They made it so easy, quick and painless. 5 out of 5 stars for sure!!!!
Lavaca, TX
Texas Royalty Brokers assisted me in a sale; they were straightforward and clear on the process; answered every question I had along the way….I would recommend them…
Shelby, TX
I found the team at Texas Royalty Brokers to be honest, competent, and focused on my needs. I plan on using them again and would not hesitate to recommend them.
Atascosa, TX
Around a year ago I received a brochure from Texas Royalty Brokers. I held on to it till this year. In speaking with the team at Texas Royalty Brokers it was clear to me to use their expertise. They were extremely knowledgeable and helpful in guiding me through this extensive process. I could completely recommend them to anyone interested in selling their minerals.
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Listing Title
Buy Mineral Rights in Hockley County TX
Listing ID
401125
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 is SOLD. To protect our client’s privacy, the listing files are no longer available for download.
Listing Details
Starting Bid: $240,000
- State : Texas
- County : hockley
- Legal Location : Section 7, Abstract 275
- Net Acres : 82.2
- Active Lease : Yes
- Royalty Rate : 18.75%
- Producing : yes
- Average Income : $40/month
Comments:
The owner of these mineral rights in Hockley County Texas has some production coming from old vertical wells. This acreage is generating about $40/month in royalty income consistently.
While this acreage is somewhat fringe, at the price this being offered at the mineral buyers would be getting an exceptional deal when any new drilling occurs. This area is predominately a waterflood type drilling situation. The acreage is right next to some large waterfloods that have produced well.
While there are no active permits, we expect this area to be more productive going forward with higher oil and gas prices. Areas like this that were not economic at $40/barrel and $3/mcf are now back on the table.
The seller is willing to consider all offers. If you can’t get to the starting bid price, please throw out an offer. The seller wants to get this sold and is willing to make a deal.
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.
