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Client Reviews

Karnes, TX

Rated 5 out of 5
November 1, 2022

After several months of researching the process of selling mineral rights, as well as researching several land/mineral brokers, I filled out the contact form for Texas Royalty Brokers. I received a reply from Eric Winegar almost immediately. From the start, Eric was easy to work with and I always felt that he was truly working with my best in mind. Throughout our numerous emails and phone calls, he was always courteous and professional and answered every question I asked. Some more than once! I was provided with all the drilling maps and financial information he used to determine the listing price and future drilling potential.

Once I accepted an offer, he handled all of the paperwork and walked me through every part of the process. And, when we ran into a snag (which he had prepared me to expect) and I started to question my decision to sell, he was so respectful of my indecision and provided me with all the information I needed to reassure myself that I was making the right decision. I can’t thank him enough. I wouldn’t hesitate to recommend Texas Royalty Brokers to anyone interested in selling their mineral interests.

Jann R.

Howard, TX

Rated 5 out of 5
September 19, 2022

16 years after inheriting Howard County mineral rights, and recently receiving increasing unsolicited purchase offers, we made the decision to sell. After thoroughly researching brokerage firms we decided to contact Texas Royalty Brokers which was a highly beneficial move. Eric could not have been easier to work with and we felt a strong fiduciary relationship throughout the entire process. Numerous phone calls and discussions were handled in a prompt, professional manner with precise explanations and valuable information offered, all delivered in a stress free environment. We feel that Eric went above and beyond our expectations and was a significant factor in our successful sell. We highly recommend Texas Royalty Brokers and Eric Winegar and would not hesitate to work with them in any future endeavors.

Traci D.

Shelby, TX

Rated 5 out of 5
August 1, 2022

By listing our mineral interests with Texas Royalty Brokers, my husband and I received an offer more than 50% higher than the best offer we received in the mail. And, the expert guidance we received from Eric Winegar through the entire process was just as important.

Eric established value, listed the property, discussed options, vetted and coordinated paperwork, always provided thoughtful and knowledgeable guidance, clearly answered our many questions, and looked after our interests, keeping us informed every step along the way. We are so glad that we listed our property with Texas Royalty Brokers.

Linda, N.

La Salle, TX

Rated 5 out of 5
June 24, 2022

Our family was on the fence about selling mineral rights until we got a really high offer in the mail. We reached out to see if the offer was a fair one. Within just minutes the company responded and walked us through the value of the mineral rights. We decided to list the mineral rights to see if there was a better offer. Sure enough, we got a bid that was even higher. I can’t thank Eric and the team at Texas Royalty enough for helping our family with the sale of these mineral rights. We are truly thankful.

Amy R.

Harrison, TX

Rated 5 out of 5
June 18, 2022

We got an offer from [redacted] in the mail. I knew this offer was a low ball offer, but we hadn’t really thought about selling until the offer came in. My wife and I didn’t want to be greedy, but we also wanted to sell for the best price we could find. I reached out to a few other buyers and then decided to list this at Texas Royalty Brokers. It was the best decision we could have made. We ended up walking away with substantially more money.

Arnold P.W.

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Listing Title

Buy Mineral Rights in Howard County Texas

Listing ID


Listing Status


Accepting Offers on 11/8/2022
  • Listing Posted - complete
  • Listing Evaluation - complete
  • Accepting Offers - complete
  • Client Review - complete
  • Best and Final - complete
  • Under Contract - in progress

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 Tuesday, November 8th.

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: $11,250/net royalty acre

  • State : Texas
  • County : howard
  • Legal Location : Block 34, T1N, Section 13 Block 32, T1N, Sections 9 & 16 Block 32, T1N, Sections 41 & 32
  • Net Acres : 38.84
  • Active Lease : Yes
  • Royalty Rate : 25%
  • Producing : yes
  • Average Income : $8,028/Month

Update:  11/11/2022

Sale Pending


This is an opportunity to buy prime acreage right in the heart of Howard County Texas.   This acreage is absolutely surrounded by permit activity and also has rigs running around it in every single direction.

There are currently 4 allocation wells, the Lily wells under Ovintiv, that are producing the bulk of the royalty income.  These wells are still relatively flush production as they are right around 2 years old. Note that we believe these 4 wells are allocation wells based upon the acreage designation.  The owner has an NPRI ownership in these wells.

In addition to these 4 wells, there is also a single horizontal well under SM Energy on 642 acre spacing with 7.5 NRA owned in the unit.  This spacing unit alone represents massive upside potential with room to drill at least 5 more horizontal wells in the future.

There are also some old vertical wells being produced on 2 160 acre units that are side by side.  There are over 18 net royalty acres here, with no active horizontal wells.  Once a new unit is formed to drilled horizontal wells on this acreage, the buyer will realize a large amount of upside.

The royalty checks are currently in the name of Daryl Zapata, who recently passed, and there are three daughter that are heirs to his estate.  The ownership may fall under a trust (attached), but all three daughters are on board to sell.

The starting bid price on this acreage is $11,250/net royalty acre, or $436,950 for 38.84 NRA.   This means you are getting a 4.5 year pay back on current cash flow AND a massive amount of upside potential as future drilling occurs.    If you have been looking for an opportunity to acquire acreage in Howard County with a fair multiple and upside, this is it!

We are estimating a 25% royalty rate, but this is not confirmed.  All bids should be based upon 38.84 NRA.  Any adjustments to purchase price that reduce the purchase price by 10% or more must be mutually agreeable by both buyer and seller as there is substantial monthly royalty income being generated.

Most up to date listing files at the link below:

Download Files

We will begin accepting offers on Tuesday, November 8th.

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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