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Lea, NM
Emily and Eric really did a good job guiding us through the process to sell our mineral rights.
They found a buyer quickly, and even though our records were old and scattered, taking longer than usual to document things, they patiently worked with us to complete the sale. They are the best. Ken Flake.
Robertson, TX
Texas Royalty Brokers helped me and my family navigate some tricky inherited minerals. I had great peace of mind using them versus dealing directly with a buyer. Very satisfied experience.
Houston, TX
Texas Royalty Brokers was very helpful to me in evaluating the mineral rights owned by the estate of an old man for whom I am the executor, even though they probably knew very quickly I would not end up as a client.
Stephens, TX
I had the pleasure of working with Texas Royalty Brokers LLC this past month. From the beginning to the very end and everything in between, they were very communicative, responsive and helpful. They explained every part of the process and helped when I needed something. They made the whole process simple and easy. By using Texas Royalty Brokers LLC, I was able to get 2 times the amount I was offered by others or on my own.
Harrison, TX
Eric and Emily are very good at taking care of clients. I found them after researching companies to help me with selling. The reviews I found convinced me to give them an opportunity and I am thankful.
Emily was true to her word from the beginning to the completion. I am so pleased with her that if I choose to sell other property, I will definitely contact her and trust her judgement in my accounts.
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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