Why Texas Royalty Brokers?
Selling mineral rights doesn’t have to be complicated. At Texas Royalty Brokers, we handle every step of the process so you can get maximum value with zero stress.
Our team works hard to deliver real offers, real value, and real results.
sellers
Texas Royalty Brokers
Popular Topics
Mineral Rights Report
Buyers
Receive new listing notifications?
Trusted by Mineral Owners
Leon, TX
I had no idea how straightforward and very simple it would be to sell mineral rights in Texas. Texas Royalty Brokers, represented by Eric Winegar provided guidance on the complete process. Confirming exactly how the TRB website described each step of the sales process. Eric and his staff followed up immediately on every question I presented. I had limited information about the value of the mineral rights prior to the final offer presented which exceeded my expectations. Working with TRB, I became educated about the process of selling mineral rights and convinced me I would never try to sell without having the representation offered by Texas Royalty Brokers.
Midland, TX
I had an excellent experience working with Eric Winegar at Texas Royalty Brokers. Eric was professional, knowledgeable, and responsive. He clearly explained every step and made the process easy and stress-free. His attention to detail and commitment to getting the best outcome for me exceeded my expectations. I highly recommend Eric and Texas Royalty Brokers to anyone needing trustworthy royalty services.
Leon, TX
Texas Royalty Brokers did Everything they said they would do. They communicated often, they always answered my questions quickly and I had a lot of questions.
Very professional company. They negotiated a very good price for my mineral rights.
I would recommend them highly.
Winkler, TX
I had an excellent experience with Eric Winegar and Texas Royalty. I found him to be very knowledgeable about big and small aspects of the industry and of my particular situation. He also was very timely in communications. I highly recommend them based on my experience.
Pecos, TX
I had a very good experience working with Eric and his team. Eric was very professional and due to his knowledge added a lot of insight into helping me sell my mineral interests. I was kept well informed on a weekly basis and once there was a buyer, Eric continued to help me understand the process. From the start to the finish, during the entire process I wasn’t ever disappointed. Eric has a great deal of experience and knowledge of mineral values and he also has many connections in the industry. If you are interested in selling minerals you own, I highly recommend you contact Eric and the good folks at Texas Royalty Brokers.
Mineral Rights Report
State Specific Guides
Resources
Blog Categories
Free Consultation
Get expert advice on your mineral rights with no pressure and no obligation.
Listing Notifications
To receive notifications regarding new listings that are activated on our website, please enter your email address below.
Listing Title
Mineral Rights for Sale in Howard County Texas
Listing ID
401141
Listing Status
sold
- 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, October 26th.
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: $5,750/net royalty acre
- State : Texas
- County : howard
- Legal Location : Block 34, T1S, Abstract 423, Abstract 1256, and Abstract 1258.
- Net Acres : 48.89
- Active Lease : Yes
- Royalty Rate : 12.5%
- Producing : yes
- Average Income : $870/Month
Comments:
Update: 11/21/2022 – Mineral rights have been sold.
_____________________________
Update: 11/2/2022 – Under Contract
_____________________________
Best and final offers due end of day on Tuesday, November 1st.
_____________________________
Accepting offers until end of day, Friday, October 28th.
_____________________________
If you are looking for a nice size acreage position in Howard County Texas with huge upside, this listing is a good opportunity.
These mineral rights are currently generating an average of $870/month in royalty income. There are a few vertical wells and only a single horizontal well. Oxy has two rigs running right next door to this acreage. When a permit is filed on this acreage, the value of this ownership will increase dramatically before they even drill a well.
We estimate the owner has between 30.24 and 48.89 net royalty acres. We feel confident in the 18.61 NRA in the Lela Bell. However, it is unclear how much acreage is owned in the Tidwell / Adkins Tidwell units. We are representing a total of 48.89 net royalty acres, but we feel the actual ownership could be lower around 30 NRA. Ultimately title will need to prove out the ownership.
Note: The data in the tax rolls for this owner appears to be incorrect. They are showing him with double the ownership in the Lela Bell, and a higher NDI in the Tidwell wells. We are using the check stubs attached as the basis for the calculation.
All offers should be on a per net royalty acre basis. The seller would like to start negotiations at $5,750 / net royalty acre. The contract should be written assuming 48.89 with the price adjusting higher or lower based on how many acres are proven in title.
This seller also has ownership in the same tracts via the Bonita G Wrather Trust. The seller does not wish to sell that ownership at this time. The ownership does not perfectly overlap this ownership and has a different NDI.
The mineral deed must be specific to ownership by Christopher Wrather individually only. The mineral deed must specify that no ownership from the Bonita Trust is being conveyed and must specify the NDI as listed on the check stubs for Christopher Wrather only as what is being conveyed. It is also possible that the owner has other mineral rights in Howard that are unknown. The deed needs to specific to A-423, A-1256, & A-1258.
Alternative download link:
We will begin accepting offers on Wednesday, October 26th.
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 10/26/2022