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Client Reviews

Reeves, TX

May 1, 2024

Texas royalty brokers did a fabulous job getting my property sold efficiently professionally and quickly. Eric and Emily were prompt with returning calls and emails and made the entire transaction seamless! I would certainly use them again.

Lindsay F.

Leon, TX

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

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

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

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.

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Listing Notifications

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Listing Title

Hockley County Texas - Mineral Rights For Sale

Listing ID

401192

Listing Status

active

Accepting Offers on 5/7/2024
  • Listing Posted - complete
  • Listing Evaluation - complete
  • Accepting Offers - in progress
  • Client Review - tbd
  • Best and Final - tbd
  • Under Contract - tbd

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: $565,000

  • State : Texas
  • County : hockley
  • Legal Location : Section 25, A-14, A-139
  • Net Acres : 111.87
  • Active Lease : Yes
  • Royalty Rate : 12.5%
  • Producing : yes
  • Average Income : $9,660/Month
Comments:

Update 5/20/2024:

New check stubs have been added to this listing and files for the client’s individual ownership. Due to previous payment history for the trust, we can infer that royalty income is similiar to the below.

April Phillips royalty payment was $3,853.52

May Phillips royalty payment was $4,608.81

May Burk royalty payment was $747.72

This income is holding steady and consistent for this ownership.

___________________

Here is an excellent opportunity to purchase mineral rights in Hockley County, Texas.  This property produces a great average combined monthly income of $9,660.

Our client is selling her individual ownership, which we believe is 58.87 NRA.  She is also the trustee for additional ownership that she selling with her acreage, which we believe is 53 NRA.  We believe these two properties have a combined total of 111.87 NRA.

There are 3 units in this property:

The Mears unit has 3 active wells on 153.7 acre spacing.

The Dragon 18 unit has 1 active well on 73.6 acre spacing.

The Arnwine 1, 3, and Arnwine-Wilson units have 4 active wells on we believe to be overlapping acreage, therefore we are only counting the Arnwine 3 unit acreage of 147.62.

Please note, there is a Certification of Trust signed May 2022 that does not list our seller, however this is an updated Certification of Trust from October of the same year that lists our seller.  Both documents are included in our files.

All bids should be based upon cash flow value, no adjustments will be allowed unless the net decimal interest is lower than what the seller is in pay on. If less NDI is proven in title, only the NDI proven in title would convey. Any adjustment must be mutually agreeable.

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

Download Files

We will begin accepting offers on Tuesday, May 7th.

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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