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Harrison, TX
I decided to work with Texas Royalty Brokers after reading several of their reviews. It was a good decision. They were prompt in their communication and straightforward in their assessments and follow through. I am quite pleased with the outcome and recommend them highly.
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.
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Listing Title
Buy Minerals in Howard County Texas
Listing ID
401132
Listing Status
not available
- 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.
We are currently in the listing evaluation phase for these mineral rights. We will begin accepting offers on Wednesday, August 10th.
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Listing Files
To view the available files for this listing, please download the zip file using the button below.
Listing Details
Starting Bid: $415,000
- State : Texas
- County : howard
- Legal Location : Section 15, Block 25, H&TC RR CO Survey, A-25
- Net Acres : 10
- Active Lease : Yes
- Royalty Rate : 12.5%
- Producing : yes
- Average Income : $10,597/Month
Comments:
Update: 9/7/2022 – The seller has decided to retain the mineral rights.
______________________________
UNI Royalty Group has retained Texas Royalty Brokers to market a 10 net royalty acre package in an excellent part of Howard County Texas. This acreage has current royalty income plus upside.
These 10 net royalty acres are currently generating an average of $10,600/month in royalty income from just 2 wells. The are currently 4 DUC’s which have not started producing yet. As these wells come online, the buyer will see a nice additional stream of revenue from these wells. In addition, it is possible that even more wells are drilled in the future on this acreage.
Depending on the timing of any offer, the seller is willing to do an August 1st effective date, with the buyer receiving the August check date forward related to 10 NRA.
All bids should be on a per net royalty acres basis assuming a total conveyance of 10 net royalty acres in the Guthrie Unit. The seller has run title and confirmed the ownership. However, buyers are required to perform their own due diligence and may not rely on title from the seller. The seller is not able to provide their title report.
Important: The seller will retain all remaining ownership in the Guthrie unit, which includes ownership that is currently in pay and ownership that is currently in suspense. The seller also has additional interests in Howard county which are not for sale at this time. The seller is only selling 10 NRA in the Guthrie unit and nothing else.
PSA and Deed: The seller has completed a substantial amount of mineral rights transactions. As such, they are requiring the mineral deed be presented with the PSA. No PSA will be signed until the final deed has also been presented up front.
Files are available for download above. Alternative download:
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 8/10/2022